193#2s (LC) LC Elim Fin Aid as Introd. SB30 - Committee Approved

State Budget

2002 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 193 #2s

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LC Elim Fin Aid as Introd

Item 193 #2s

Item 193 #2s	First Year - FY2003	Second Year - FY2004
Education: Higher Education
Longwood College	FY2003 ($146,195)	FY2004 ($181,282)	GF

Language
Page 156, line 30, strike "$1,940,421" and insert "$1,794,226".
Page 156, line 30, strike "$1,975,508" and insert "$1,794,226".

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 193

Item 193	First Year - FY2003	Second Year - FY2004
Higher Education Student Financial Assistance (10800)	$1,940,421	$1,975,508
Scholarships (10810)	FY2003 $146,195	FY2004 $181,282
Fund Sources:
General	FY2003 $1,940,421	FY2004 $1,975,508

Authority: Title 23, Chapter 15, Code of Virginia.