2011 Session

Budget Amendments - SB800 (Committee Approved)

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SCHEV - Increase Funding for the Two-Year Transfer Grant Program

Item 137 #1s

Item 137 #1s

First Year - FY2011 Second Year - FY2012
Education: Higher Education
State Council of Higher Education for Virginia FY2011 $0 FY2012 $1,700,000 GF

Page 137, line 14, strike "$64,523,955" and insert "$66,223,955".
Page 139, line 31, strike "$750,000 each year" and insert "$750,000 the first year and $2,450,000 the second year".

(This amendment provides additional funding of $1.7 million GF in FY 2012 for the two-year transfer grant program. The Virginia Community College System anticipates enrollment growth in the program for FY 2012, creating need of $750,000. The additional funding of $950,000 would be used to enhance the amount of the award by $500 and increase the number of students eligible for the grant by raising the maximum Expected Family Contribution to $12,000. This is a companion budget amendment to SB 1363.)