172#1c (JMU) JMU - Increase Student Financial Assistance. HB1600 - Conference Report

State Budget

2009 Session

Budget Amendments - HB1600 (Conference Report)

Bill Order » Item 172 #1c

View Budget Item
View Budget Item amendments

JMU - Increase Student Financial Assistance

Item 172 #1c

Item 172 #1c	First Year - FY2009	Second Year - FY2010
Education: Higher Education
James Madison University	FY2009 $0	FY2010 ($374,306)	GF

Language
Page 199, line 29, strike "$9,940,614" and insert "$9,566,308".

Explanation
(This amendment adjusts the amounts recommended in the introduced budget to result in a systemwide increase to student financial aid of 8.5 percent in fiscal year 2010.)

Item 172

Item 172	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	~~$8,470,546~~ $8,726,615	~~$8,470,546~~ $9,940,614
Scholarships (10810)	FY2009 ~~$8,080,324~~ $8,336,393	FY2010 ~~$8,080,324~~ $9,550,392
Fellowships (10820)	FY2009 $390,222	FY2010 $390,222
Fund Sources:
General	FY2009 $6,463,204	FY2010 ~~$6,463,204~~ $7,099,154
Higher Education Operating	FY2009 ~~$2,007,342~~ $2,263,411	FY2010 ~~$2,007,342~~ $2,841,460

Authority: Title 23, Chapter 12.1, Code of Virginia.