2005 Session

Budget Amendments - HB1500 (Committee Approved)

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ODU Remove grad aid

Item 205 #1h

Item 205 #1h

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Old Dominion University FY2005 $0 FY2006 ($107,356) GF
FY2005 $0 FY2006 $753,870 NGF

Page 194, line 48, strike "$10,252,900" and insert "$10,899,414".
Page 194, after line 55, insert:
"Old Dominion 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."

(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.)