168#1h (LU) Redirect Fin Aid. HB1600 - Committee Approved

State Budget

2009 Session

Budget Amendments - HB1600 (Committee Approved)

Bill Order » Item 168 #1h

Redirect Fin Aid

Item 168 #1h

Item 168 #1h	First Year - FY2009	Second Year - FY2010
Education: Higher Education
Longwood University	FY2009 $0	FY2010 ($395,244)	GF

Language
Page 201, line 24, strike "$3,725,438" and insert "$3,330,194".

Explanation
(This amendment removes the proposed increase in financial aid. A separate group of amendments provide general operating support for public colleges and universities in order to keep higher education affordable for all in-state students.)

Item 168

Item 168	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	$14,229,203	~~$14,229,203~~ $17,285,327
Scholarships (10810)	FY2009 $12,608,485	FY2010 ~~$12,608,485~~ $15,664,609
Fellowships (10820)	FY2009 $1,620,718	FY2010 $1,620,718
Fund Sources:
General	FY2009 $13,029,203	FY2010 ~~$13,029,203~~ $16,085,327
Higher Education Operating	FY2009 $1,200,000	FY2010 $1,200,000

Authority: Title 23, Chapter 9.1, Code of Virginia.