189#2s (JMU) JMU Elim Fin Aid as Introd. SB30 - Committee Approved

State Budget

2002 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 189 #2s

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JMU Elim Fin Aid as Introd

Item 189 #2s

Item 189 #2s	First Year - FY2003	Second Year - FY2004
Education: Higher Education
James Madison University	FY2003 ($517,362)	FY2004 ($641,529)	GF

Language
Page 154, line 36, strike "$4,498,443" and insert "$3,981,081".
Page 154, line 36, strike "$4,622,610" and insert "$3,981,081".

Explanation
(This amendment eliminates an increase in financial aid provided in the budget as introduced. A separate amendment provides sufficient financial aid to maintain the current level of aid based on the remaining need calculation, assuming a tuition increase in each year of the biennium.)

Item 189

Item 189	First Year - FY2003	Second Year - FY2004
Higher Education Student Financial Assistance (10800)	$4,498,443	$4,622,610
Scholarships (10810)	FY2003 $4,108,221	FY2004 $4,232,388
Fellowships (10820)	FY2003 $390,222	FY2004 $390,222
Fund Sources:
General	FY2003 $4,498,443	FY2004 $4,622,610

Authority: Title 23, Chapter 12.1, Code of Virginia.