2004 Session

Budget Amendments - SB30 (Committee Approved)

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RU - Student Financial Aid

Item 209 #1s

Item 209 #1s

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Radford University FY2005 $417,186 FY2006 $417,186 GF

Page 161, line 4, strike "$4,290,215" and insert "$4,707,401".
Page 161, line 4, strike "$4,290,215" and insert "$4,707,401".

(This amendment provides additional funding for student financial aid based on anticipated tuition increases in FY 2005. Although the state currently meets 35 percent of remaining need, on average, across all public colleges and universities, several institutions fall short of the state average. Incremental funding reflected in amendments to Senate Bill 30 in combination with the funds already included in the introduced budget are provided with the intent of meeting at least 35 percent of remaining need at all institutions while continuing to move all institutions to the state goal of meeting at least 50 percent of remaining need.)