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2006 Special Session I

Budget Amendments - HB5002 (Conference Report)

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SCHEV Student Financial Aid Recommendations (language only)

Item 145 #6c

Item 145 #6c

Education: Higher Education
State Council Of Higher Education For Virginia

Language
Page 150, after line 51, insert:
"J.  By November 15, 2006, the State Council of Higher Education for Virginia shall present to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees, its recommendations for allocating general fund support for state need-based student financial aid to public colleges and universities.  To the extent those recommendations differ from the General Assembly’s long-held goal to meet 50 percent of remaining student need, the State Council shall identify how the proposed methodology addresses student need, and if appropriate, recommend an alternative measure to monitor the level of need being met with existing appropriations."


Explanation
(This amendment requires the State Council of Higher Education to present its on-going work on state student financial aid policies and any recommended changes to the money committee chairmen by November 15, 2006.)