2005 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Petersen
SCHEV Commonwealth Scholars Program

Item 163 #3h

Item 163 #3h

First Year - FY2005 Second Year - FY2006
Education: Higher Education
State Council of Higher Education for Virginia FY2005 $0 FY2006 $8,000,000 GF

Page 167, line 28, strike "$50,808,416" and insert "$58,808,416".

(This amendment provides general funds in the second year to support the Commonwealth Scholars Program. Pending legislation in House Bill 2483 creates the program whichproposes to award scholarships to Virginia public high school graduates finishing in the top five percent of their respective classes, passing the required Standards of Learning assessments, and enrolling as full-time undergraduate students in any accredited, degree-granting public institution of higher education in Virginia. Based on House Bill 2483, scholarships would support the full cost of tuition for one year only and may not be applied to fees, room, board, or other educational expenses.)