181#1h (ODU) ODU Redirect Fin Aid. HB1500 - Committee Approved

State Budget

2013 Session

Budget Amendments - HB1500 (Committee Approved)

Bill Order » Item 181 #1h

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ODU Redirect Fin Aid

Item 181 #1h

Item 181 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Old Dominion University	FY2013 $0	FY2014 ($102,741)	GF

Language
Page 169, line 51, strike "$18,232,445" and insert "$18,129,704".
Page 170, after line 3, insert:
"Out of this appropriation, an additional $102,741 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 180 redirects a portion of the proposed financial aid increase for operating costs.)

Item 181

Item 181	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$17,810,757	~~$18,026,963~~ $18,232,445
Scholarships (10810)	FY2013 $15,789,229	FY2014 ~~$15,789,229~~ $15,994,711
Fellowships (10820)	FY2013 $2,021,528	FY2014 $2,237,734
Fund Sources:
General	FY2013 $17,810,757	FY2014 ~~$18,026,963~~ $18,232,445

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