231#2s (VSU) VSU- Increase Student Financial Assistance. SB850 - Committee Approved

State Budget

2009 Session

Budget Amendments - SB850 (Committee Approved)

Bill Order » Item 231 #2s

View Budget Item
View Budget Item amendments

VSU- Increase Student Financial Assistance

Item 231 #2s

Item 231 #2s	First Year - FY2009	Second Year - FY2010
Education: Higher Education
Virginia State University	FY2009 $0	FY2010 $120,166	GF

Language
Page 243, line 12, strike "$7,740,310" and insert "$7,860,476".

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 231

Item 231	First Year - FY2009	Second Year - FY2010
Higher Education Student Financial Assistance (10800)	$5,842,440	~~$5,842,440~~ $7,740,310
Scholarships (10810)	FY2009 $5,582,552	FY2010 ~~$5,582,552~~ $7,480,422
Fellowships (10820)	FY2009 $259,888	FY2010 $259,888
Fund Sources:
General	FY2009 $4,596,030	FY2010 ~~$4,596,030~~ $6,493,900
Higher Education Operating	FY2009 $1,246,410	FY2010 $1,246,410

Authority: Title 23, Chapter 13, Code of Virginia.