176#1s (LU) LU - Increase Student Financial Assistance. SB850 - Committee Approved

State Budget

2009 Session

Budget Amendments - SB850 (Committee Approved)

Bill Order » Item 176 #1s

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LU - Increase Student Financial Assistance

Item 176 #1s

Item 176 #1s	First Year - FY2009	Second Year - FY2010
Education: Higher Education
Longwood University	FY2009 $0	FY2010 $101,275	GF

Language
Page 201, line 24, strike "$3,725,438" and insert "$3,826,713".

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 176

Item 176	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	$3,330,194	~~$3,330,194~~ $3,725,438
Scholarships (10810)	FY2009 $3,330,194	FY2010 ~~$3,330,194~~ $3,725,438
Fund Sources:
General	FY2009 $3,330,194	FY2010 ~~$3,330,194~~ $3,725,438

Authority: Title 23, Chapter 15, Code of Virginia.