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2004 Session

Budget Amendments - SB30 (Member Request)

Chief Patron: Wampler
Co-Patron(s): Colgan, Hanger, Hawkins, Houck, Howell, Lambert, Mims, Norment, Potts, Quayle, Stolle, Watkins
Student Financial Stabilization Fund

Item 505.10 #2s

Item 505.10 #2s

First Year - FY2005 Second Year - FY2006
Central Appropriations
Central Appropriations FY2005 $8,000,000 FY2006 $8,000,000 GF

Explanation
(This amendment creates the Student Financial Stabilization Fund, which is designed to offset additional need created by expected tuition increases at public institutions of higher education. Funds from this item will be allocated to the public institutions of higher education proportionate to each institution's increase in in-state tuition.)