172#1s (JMU) JMU - Increase Student Financial Assistance. SB850 - Committee Approved

State Budget

2009 Session

Budget Amendments - SB850 (Committee Approved)

Bill Order » Item 172 #1s

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JMU - Increase Student Financial Assistance

Item 172 #1s

Item 172 #1s	First Year - FY2009	Second Year - FY2010
Education: Higher Education
James Madison University	FY2009 $0	FY2010 $172,368	GF

Language
Page 199, line 29, strike "$9,940,614" and insert "$10,112,982".

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 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.