157#1c (CWM) CWM - Increase Student Financial Assistance. HB1600 - Conference Report

State Budget

2009 Session

Budget Amendments - HB1600 (Conference Report)

Bill Order » Item 157 #1c

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CWM - Increase Student Financial Assistance

Item 157 #1c

Item 157 #1c	First Year - FY2009	Second Year - FY2010
Education: Higher Education
The College of William and Mary in Virginia	FY2009 $0	FY2010 $109,335	GF

Language
Page 190, line 28, strike "$8,845,451" and insert "$8,954,786".

Explanation
(This amendment provides $109,335 from the general fund in the second year as part of a systemwide increase to student financial aid of 8.5 percent.)

Item 157

Item 157	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	~~$8,097,981~~ $8,845,451	~~$8,097,981~~ $8,845,451
Scholarships (10810)	FY2009 ~~$7,113,662~~ $7,596,286	FY2010 ~~$7,113,662~~ $7,596,286
Fellowships (10820)	FY2009 ~~$984,319~~ $1,249,165	FY2010 ~~$984,319~~ $1,249,165
Fund Sources:
General	FY2009 $3,417,694	FY2010 $3,417,694
Higher Education Operating	FY2009 ~~$4,680,287~~ $5,427,757	FY2010 ~~$4,680,287~~ $5,427,757

Authority: Title 23, Chapter 5, Code of Virginia.

Higher education operating funds appropriated in this program may be allocated for need-based aid to Virginia undergraduate students to enhance the quality and diversity of the student body.