2004 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Hawkins
Co-Patron(s): Colgan, Houck, Lambert, Norment, Saslaw, Wampler
Increase Tuition Assistance Grants

Item 163 #1s

Item 163 #1s

First Year - FY2005 Second Year - FY2006
Education: Higher Education
State Council of Higher Education for Virginia FY2005 $3,808,367 FY2006 $2,958,716 GF

Page 136, line 24, strike "$47,525,465" and insert "$51,333,832".
Page 136, line 24, strike "$46,384,948" and insert "$49,343,664".
Page 137, strike lines 28 through 33, and insert:
"1.  Payments to students out of this appropriation shall not exceed $2,600 for qualified undergraduate students and $1,999 for qualified graduate and medical students attending not-for-profit, independent institutions in accordance with §§ 23-38.12 through 23-38.19, Code of Virginia."

(This amendment provides funding to increase the tuition assistance grant awards from their current level of $2,210 for undergraduate students and $1,700 for graduate students to $2,600 and $1,999, respectively in each year of the biennium.)