203#2c (NSU) NSU Elim Fin Aid as Introd. SB30 - Conference Report

State Budget

2002 Session

Budget Amendments - SB30 (Conference Report)

Bill Order » Item 203 #2c

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NSU Elim Fin Aid as Introd

Item 203 #2c

Item 203 #2c	First Year - FY2003	Second Year - FY2004
Education: Higher Education
Norfolk State University	FY2003 ($348,172)	FY2004 ($431,733)	GF

Language
Page 160, line 44, strike "$4,161,221" and insert "$3,813,049".
Page 160, line 44, strike "$4,244,782" and insert "$3,813,049".

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 203

Item 203	First Year - FY2003	Second Year - FY2004
Higher Education Student Financial Assistance (10800)	$4,161,221	$4,244,782
Scholarships (10810)	FY2003 $3,820,494	FY2004 $3,904,055
Fellowships (10820)	FY2003 $340,727	FY2004 $340,727
Fund Sources:
General	FY2003 $4,161,221	FY2004 $4,244,782

Authority: Title 23, Chapter 13.1, Code of Virginia.