250#2c (VSU) VSU Elim Fin Aid as Introd. SB30 - Conference Report

State Budget

2002 Session

Budget Amendments - SB30 (Conference Report)

Bill Order » Item 250 #2c

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VSU Elim Fin Aid as Introd

Item 250 #2c

Item 250 #2c	First Year - FY2003	Second Year - FY2004
Education: Higher Education
Virginia State University	FY2003 ($317,205)	FY2004 ($393,334)	GF

Language
Page 192, line 48, strike "$2,774,073" and insert "$2,456,868".
Page 192, line 48, strike "$2,850,202" and insert "$2,456,868".

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 250

Item 250	First Year - FY2003	Second Year - FY2004
Higher Education Student Financial Assistance (10800)	$2,774,073	$2,850,202
Scholarships (10810)	FY2003 $2,554,185	FY2004 $2,630,314
Fellowships (10820)	FY2003 $219,888	FY2004 $219,888
Fund Sources:
General	FY2003 $2,774,073	FY2004 $2,850,202

Authority: Title 23, Chapter 13, Code of Virginia.