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2005 Session

Budget Amendments - HB1500 (Committee Approved)

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JMU Remove graduate fin aid

Item 187 #1h

Item 187 #1h

First Year - FY2005 Second Year - FY2006
Education: Higher Education
James Madison University FY2005 $0 FY2006 ($18,000) GF
FY2005 $0 FY2006 $136,680 NGF

Language
Page 184, line 34, strike "$6,087,891" and insert "$6,206,571".
Page 184, after line 43, insert:
"James Madison University shall ensure that general funds appropriated in this item for graduate financial aid are directed toward in-state Virginia students only.  Graduate financial aid for non-Virginia graduate students shall be derived from nongeneral fund sources other than tuition and fee revenues."


Explanation
(This amendment removes graduate financial aid in the introduced budget and directs general fund appropriated for such aid to be used for Virginia students only. Institutions may use nongeneral fund sources other than tuition and fees to provide financial aid for non-Virginia students.)