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2010 Session

Budget Amendments - SB30 (Conference Report)

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Financial Aid Study (language only)

Item 139 #1c

Item 139 #1c

Education: Higher Education
State Council of Higher Education for Virginia

Language
Page 106, after line 3, insert:
"M.1.  The State Council of Higher Education for Virginia shall review funding requirements for student financial assistance and examine:
1) The costs of education used to determine student need by category;
2) The use of cost allowances and their impact on financial aid;
3) Gift aid received by students and expected family contribution and their application in the financial process; and
4) The impact on financial aid requirements of alternative financial aid methodologies.
2. The State Council of Higher Education for Virginia shall communicate the results of this study to the Chairmen of the House Appropriations and Senate Finance Committees and the Director, Department of Planning and Budget, by October 1, 2010."


Explanation
(This amendment is self-explanatory.)