228#2s (VCU/AD) VCU Elim Fin Aid as Introd. SB30 - Committee Approved

State Budget

2002 Session

Budget Amendments - SB30 (Committee Approved)

Bill Order » Item 228 #2s

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VCU Elim Fin Aid as Introd

Item 228 #2s

Item 228 #2s	First Year - FY2003	Second Year - FY2004
Education: Higher Education
Virginia Commonwealth University	FY2003 ($923,437)	FY2004 ($1,145,062)	GF

Language
Page 178, line 20, strike "$10,595,277" and insert "$9,671,840".
Page 178, line 20, strike "$10,816,902" and insert "$9,671,840".

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 228

Item 228	First Year - FY2003	Second Year - FY2004
Higher Education Student Financial Assistance (10800)	$10,595,277	$10,816,902
Scholarships (10810)	FY2003 $9,107,397	FY2004 $9,329,022
Fellowships (10820)	FY2003 $1,487,880	FY2004 $1,487,880
Fund Sources:
General	FY2003 $10,595,277	FY2004 $10,816,902

Authority: Scholarships and Fellowships: Title 23, Chapter 6.1, Code of Virginia.