2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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VCCS - Student Financial Aid

Item 231 #1c

Item 231 #1c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia Community College System FY2005 $576,921 FY2006 $576,921 GF

Page 178, line 27, strike "$71,178,055" and insert "$71,754,976".
Page 178, line 27, strike "$71,178,055" and insert "$71,754,976".

(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 move student financial aid for the institution closer to the statewide average.)