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2006 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Lambert
Co-Patron(s): Hawkins, Locke, Lucas, Marsh, Miller
VSU - Increased financial aid

Item 226 #1s

Item 226 #1s

First Year - FY2007 Second Year - FY2008
Education: Higher Education
Virginia State University FY2007 $4,016,727 FY2008 $4,185,570 GF

Language
Page 191, line 13, strike "$4,087,134" and insert "$8,103,861".
Page 191, line 13, strike "$4,087,134" and insert "$8,272,704".


Explanation
(This amendment provides an additional $4.0 million the first year and $4.2 million the second year from the general fund for student financial aid. The requested amount is estimated to bring undergraduate student financial aid at the University to the state's goal of meeting 50 percent of unmet remaining student need.)