188#1s (RU) RU - Increase Student Financial Assistance. SB850 - Committee Approved

State Budget

2009 Session

Budget Amendments - SB850 (Committee Approved)

Bill Order » Item 188 #1s

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RU - Increase Student Financial Assistance

Item 188 #1s

Item 188 #1s	First Year - FY2009	Second Year - FY2010
Education: Higher Education
Radford University	FY2009 $0	FY2010 $171,368	GF

Language
Page 210, line 29, strike "$8,324,411" and insert "$8,495,779".

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 188

Item 188	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	$7,865,833	~~$7,865,833~~ $8,324,411
Scholarships (10810)	FY2009 $7,295,433	FY2010 ~~$7,295,433~~ $7,754,011
Fellowships (10820)	FY2009 $570,400	FY2010 $570,400
Fund Sources:
General	FY2009 $6,765,833	FY2010 ~~$6,765,833~~ $7,224,411
Higher Education Operating	FY2009 $1,100,000	FY2010 $1,100,000

Authority: Title 23, Chapter 11.1, Code of Virginia.