180#1s (NSU) NSU - Increase Student Financial Assistance. SB850 - Committee Approved

State Budget

2009 Session

Budget Amendments - SB850 (Committee Approved)

Bill Order » Item 180 #1s

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NSU - Increase Student Financial Assistance

Item 180 #1s

Item 180 #1s	First Year - FY2009	Second Year - FY2010
Education: Higher Education
Norfolk State University	FY2009 $0	FY2010 $517,131	GF

Language
Page 204, line 11, strike "$11,766,055" and insert "$12,283,186".

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 180

Item 180	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	$11,018,746	~~$11,018,746~~ $11,766,055
Scholarships (10810)	FY2009 $11,018,746	FY2010 ~~$11,018,746~~ $11,766,055
Fund Sources:
General	FY2009 $6,118,746	FY2010 ~~$6,118,746~~ $6,866,055
Higher Education Operating	FY2009 $4,900,000	FY2010 $4,900,000

Authority: Title 23, Chapter 13.1, Code of Virginia.