2005 Session

Budget Amendments - HB1500 (Committee Approved)

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VCU Remove grad aid

Item 226 #1h

Item 226 #1h

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia Commonwealth University FY2005 $0 FY2006 ($402,704) GF
FY2005 $0 FY2006 $666,149 NGF

Page 210, line 42, strike "$12,709,852" and insert "$12,973,297".
Page 210, after line 50, insert:
"Virginia Commonwealth 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.)