187#1s (JMU) JMU - Redirect graduate aid. SB700 - Committee Approved

State Budget

2005 Session

Budget Amendments - SB700 (Committee Approved)

Bill Order » Item 187 #1s

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JMU - Redirect graduate aid

Item 187 #1s

Item 187 #1s	First Year - FY2005	Second Year - FY2006
Education: Higher Education
James Madison University	FY2005 $0	FY2006 ($18,000)	GF

Language
Page 184, line 34, strike "$6,087,891" and insert "$6,069,891".
Page 184, line 38, strike "$408,222" and insert "$390,222".

Explanation
(This amendment removes $18,000 from the general fund in the second year that was earmarked for graduate student aid in Senate Bill 700, as introduced. A companion amendment, Item 4-5.01 #1s, stipulates that any awards provided for graduate education using general fund appropriations shall be allocated for in-state students only.)

Item 187

Item 187	First Year - FY2005	Second Year - FY2006
Higher Education Student Financial Assistance (10800)	$5,286,949	~~$5,286,949~~ $6,087,891
Scholarships (10810)	FY2005 $4,896,727	FY2006 ~~$4,896,727~~ $5,679,669
Fellowships (10820)	FY2005 $390,222	FY2006 ~~$390,222~~ $408,222
Fund Sources:
General	FY2005 $4,736,949	FY2006 ~~$4,736,949~~ $5,059,220
Higher Education Operating	FY2005 $550,000	FY2006 ~~$550,000~~ $1,028,671

Authority: Title 23, Chapter 12.1, Code of Virginia.