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2005 Session

Budget Amendments - HB1500 (Conference Report)

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VT - Redirect Graduate Aid

Item 243 #1c

Item 243 #1c

First Year - FY2005 Second Year - FY2006
Education: Higher Education
Virginia Polytechnic Institute and State University FY2005 $0 FY2006 ($416,322) GF

Language
Page 222, line 5, strike "$13,814,595" and insert "$13,398,273".
Page 222, line 9, strike "$3,209,902" and insert "$2,782,727".


Explanation
(This amendment redirects $416,322 from the general fund in the second year, or about half of the new funding provided in the introduced budget, to supplement graduate student aid. A companion amendment in Item 4-5.01 of this Act stipulates that any awards provided for graduate education using general fund appropriations shall be allocated for in-state students only.)