245#1s (VSU) VSU Redirect Financial Aid Funding. SB800 - Committee Approved

State Budget

2001 Session

Budget Amendments - SB800 (Committee Approved)

Bill Order » Item 245 #1s

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VSU Redirect Financial Aid Funding

Item 245 #1s

Item 245 #1s	First Year - FY2001	Second Year - FY2002
Education: Higher Education
Virginia State University	FY2001 $0	FY2002 ($510,247)	GF

Language
Page 241, line 19, strike "$2,967,115" and insert "$2,456,868".

Explanation
(This amendment redirects funding provided in the budget as introduced for financial aid under a new allocation methodology. A separate amendment provides financial aid funding in the second year to match funding provided in the 2000 Session of the General Assembly for the first year only.)

Item 245

Item 245	First Year - FY2001	Second Year - FY2002
Higher Education Student Financial Assistance (10800)	$2,456,868	~~$2,456,868~~ $2,967,115
Scholarships (10810)	FY2001 $2,236,980	FY2002 ~~$2,236,980~~ $2,747,227
Fellowships (10820)	FY2001 $219,888	FY2002 $219,888
Fund Sources:
General	FY2001 $2,456,868	FY2002 ~~$2,456,868~~ $2,967,115

Authority: Title 23, Chapter 13, Code of Virginia.