211#2s (RU) RU Elim Fin Aid as Introd. SB30 - Committee Approved

State Budget

2002 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 211 #2s

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RU Elim Fin Aid as Introd

Item 211 #2s

Item 211 #2s	First Year - FY2003	Second Year - FY2004
Education: Higher Education
Radford University	FY2003 ($335,055)	FY2004 ($415,468)	GF

Language
Page 165, line 13, strike "$3,875,582" and insert "$3,540,527".
Page 165, line 13, strike "$3,955,995" and insert "$3,540,527".

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 211

Item 211	First Year - FY2003	Second Year - FY2004
Higher Education Student Financial Assistance (10800)	$3,875,582	$3,955,995
Scholarships (10810)	FY2003 $3,305,182	FY2004 $3,385,595
Fellowships (10820)	FY2003 $570,400	FY2004 $570,400
Fund Sources:
General	FY2003 $3,875,582	FY2004 $3,955,995

Authority: Title 23, Chapter 11.1, Code of Virginia.