2007 Session

Budget Amendments - SB750 (Committee Approved)

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VCCS Transfer Grant

Item 143 #6s

Item 143 #6s

First Year - FY2007 Second Year - FY2008
Education: Higher Education
State Council of Higher Education for Virginia FY2007 $0 FY2008 $1,754,485 GF

Page 174, line 7, strike "$66,062,281" and insert "$67,816,766".
Page 177, after line 3, insert:
"I. The State Council of Higher Education for Virginia shall promulgate regulations for the implementation of the Virginia Community College Transfer Grant Program and disburse funds consistent and appropriate to the administration of the program.  For FY 2008, the Council is authorized to expend $1,754,485 the second year from the general fund to provide eligible students with Community College Transfer Grants pursuant to SB 749."

(This amendment provides funding for a projected 1,754 eligible students who would qualify for the grants and enroll in public or private four-year institutions.)