226#1s (VCU/AD) VCU - Increase graduate aid. SB700 - Committee Approved

State Budget

2005 Session

Budget Amendments - SB700 (Committee Approved)

Bill Order » Item 226 #1s

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VCU - Increase graduate aid

Item 226 #1s

Item 226 #1s	First Year - FY2005	Second Year - FY2006
Education: Higher Education
Virginia Commonwealth University	FY2005 $0	FY2006 $21,231	GF

Language
Page 210, line 42, strike "$12,709,852" and insert "$12,731,083".
Page 210, line 46, strike "$1,890,584" and insert "$1,911,815".

Explanation
(This amendment provides for an increase of $21,231 from the general fund in the second year for graduate student financial aid. 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 226

Item 226	First Year - FY2005	Second Year - FY2006
Higher Education Student Financial Assistance (10800)	$11,599,345	~~$11,599,345~~ $12,709,852
Scholarships (10810)	FY2005 $10,111,465	FY2006 ~~$10,111,465~~ $10,819,268
Fellowships (10820)	FY2005 $1,487,880	FY2006 ~~$1,487,880~~ $1,890,584
Fund Sources:
General	FY2005 $11,599,345	FY2006 ~~$11,599,345~~ $12,709,852

Authority: Scholarships and Fellowships: Title 23, Chapter 6.1, Code of Virginia.