185#1h (RU) Radford Adjust Financial Aid. HB1301 - Committee Approved

State Budget

2012 Session

Budget Amendments - HB1301 (Committee Approved)

Bill Order » Item 185 #1h

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Radford Adjust Financial Aid

Item 185 #1h

Item 185 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Radford University	FY2013 ($172,560)	FY2014 ($172,560)	GF

Language
Page 146, line 41, strike "$9,438,814" and insert "$9,266,254".
Page 146, line 41, strike "$9,438,814" and insert "$9,266,254".
Page 146, strike lines 47 through 49.

Explanation
(This amendment redirects a proposed increase in financial aid to support increased operating funds contained in the House Appropriations Committee higher education package in order to moderate in-state undergraduate increases for all Virginia students.)

Item 185

Item 185	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$9,438,814	$9,438,814
Scholarships (10810)	FY2013 $8,868,414	FY2014 $8,868,414
Fellowships (10820)	FY2013 $570,400	FY2014 $570,400
Fund Sources:
General	FY2013 $7,531,343	FY2014 $7,531,343
Higher Education Operating	FY2013 $1,907,471	FY2014 $1,907,471

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

Out of this appropriation, $172,560 the first year and $172,560 the second year from the general fund is provided for additional undergraduate financial assistance consistent with the objectives of the Higher Education Opportunity Act of 2011.