181#1h (ODU) ODU Adjust Financial Aid. HB30 - Committee Approved

State Budget

2012 Session

Budget Amendments - HB30 (Committee Approved)

Bill Order » Item 181 #1h

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ODU Adjust Financial Aid

Item 181 #1h

Item 181 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Old Dominion University	FY2013 ($598,414)	FY2014 ($598,414)	GF

Language
Page 144, line 41, strike "$17,623,542" and insert "$17,025,128".
Page 144, line 41, strike "$17,623,542" and insert "$17,025,128".
Page 144, strike lines 46 through 48.

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 181

Item 181	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$17,623,542	$17,623,542
Scholarships (10810)	FY2013 $15,602,014	FY2014 $15,602,014
Fellowships (10820)	FY2013 $2,021,528	FY2014 $2,021,528
Fund Sources:
General	FY2013 $17,623,542	FY2014 $17,623,542

Authority: Title 23, Chapter 5.2, Code of Virginia.

Out of this appropriation, $598,414 the first year and $598,414 the second year from the general fund is provided for undergraduate financial assistance consistent with the objectives of the Higher Education Opportunity Act of 2011.