169#1h (JMU) JMU Redirect Fin Aid. HB1500 - Committee Approved

State Budget

2013 Session

Budget Amendments - HB1500 (Committee Approved)

Bill Order » Item 169 #1h

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JMU Redirect Fin Aid

Item 169 #1h

Item 169 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
James Madison University	FY2013 $0	FY2014 ($45,662)	GF

Language
Page 162, line 53, strike "$11,421,932" and insert "$11,376,270".
Page 163, after line 8, insert:
"Out of this appropriation, an additional $45,662 the second year from the general fund is designated to support work study financial aid programs."

Explanation
(This amendment clarifies that the additional funding provided in this item is intended to support work study financial aid programs. A companion amendment in Item 168 redirects a portion of the proposed financial aid increase for operating costs.)

Item 169

Item 169	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	~~$10,948,949~~ $11,178,961	~~$11,100,597~~ $11,421,932
Scholarships (10810)	FY2013 ~~$10,558,727~~ $10,788,739	FY2014 ~~$10,558,727~~ $10,880,062
Fellowships (10820)	FY2013 $390,222	FY2014 $541,870
Fund Sources:
General	FY2013 $7,407,489	FY2014 ~~$7,559,137~~ $7,650,460
Higher Education Operating	FY2013 ~~$3,541,460~~ $3,771,472	FY2014 ~~$3,541,460~~ $3,771,472

Authority: Title 23, Chapter 12.1, Code of Virginia.