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2005 Session

Budget Amendments - SB700 (Committee Approved)

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Provide additional funding for Tuition Assistance Grants (TAG)

Item 163 #1s

Item 163 #1s

First Year - FY2005 Second Year - FY2006
Education: Higher Education
State Council of Higher Education for Virginia FY2005 $375,000 FY2006 $0 GF

Language
Page 167, line 28, strike "$50,704,065" and insert "$51,079,065".
Page 168, line 10, strike "$41,391,082" and insert "$41,766,082".


Explanation
(This amendment provides $375,000 from the general fund in the first year to maintain current year tuition assistance grant awards at $2,500 for undergraduate students and $1,900 for graduate students. These supplemental funds are needed to address increased costs associated with higher than anticipated program participation for the year.)