168#1s (GMU) GMU - Increase Student Financial Assistance. SB850 - Committee Approved

State Budget

2009 Session

Budget Amendments - SB850 (Committee Approved)

Bill Order » Item 168 #1s

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GMU - Increase Student Financial Assistance

Item 168 #1s

Item 168 #1s	First Year - FY2009	Second Year - FY2010
Education: Higher Education
George Mason University	FY2009 $0	FY2010 $371,629	GF

Language
Page 197, line 5, strike "$17,285,327" and insert "$17,656,956".

Explanation
(This amendment increases student financial assistance in FY 2010 to provide all institutions with a minimum six percent increase over FY 2009 or funding of 65 percent under the partnership model.)

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.