189#1h (UMW) UMW Adjust Financial Aid. HB1301 - Committee Approved

State Budget

2012 Session

Budget Amendments - HB1301 (Committee Approved)

Bill Order » Item 189 #1h

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UMW Adjust Financial Aid

Item 189 #1h

Item 189 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
University of Mary Washington	FY2013 ($81,340)	FY2014 ($81,340)	GF

Language
Page 148, line 26, strike "$2,447,573" and insert "$2,366,233".
Page 148, line 26, strike "$2,447,573" and insert "$2,366,233".
Page 148, strike lines 31 through 33.

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 189

Item 189	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$2,447,573	$2,447,573
Scholarships (10810)	FY2013 $2,447,573	FY2014 $2,447,573
Fund Sources:
General	FY2013 $1,697,573	FY2014 $1,697,573
Higher Education Operating	FY2013 $750,000	FY2014 $750,000

Authority: Title 23, Chapter 9.2, Code of Virginia.

Out of this appropriation, $81,340 the first year and $81,340 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.