2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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LU - Increase Student Financial Aid

Item 191 #1c

Item 191 #1c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Longwood University FY2005 $109,472 FY2006 $109,472 GF

Page 152, line 40, strike "$2,244,638" and insert "$2,354,110".
Page 152, line 40, strike "$2,244,638" and insert "$2,354,110".

(This amendment supplements funding provided in the introduced budget for student financial aid. The budget, as introduced, provided a total of $4.1 million from the general fund each year in additional student financial aid; however, funding at some institutions remains below the statewide average of meeting 35 percent of remaining student need. This supplemental funding is provided to bring student financial aid for the institution up to 35 percent of remaining need.)