230#1h (VSU) VSU Redirect Fin Aid. HB1500 - Committee Approved

State Budget

2013 Session

Budget Amendments - HB1500 (Committee Approved)

Bill Order » Item 230 #1h

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VSU Redirect Fin Aid

Item 230 #1h

Item 230 #1h	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Virginia State University	FY2013 $0	FY2014 ($36,970)	GF

Language
Page 202, line 15, strike "$9,569,661" and insert "$9,532,691".
Page 202, after line 22, insert:
"Out of this appropriation, an additional $36,970 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 229 redirects a portion of the proposed financial aid increase for operating costs.)

Item 230

Item 230	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$9,459,265	~~$9,495,721~~ $9,569,661
Scholarships (10810)	FY2013 $9,199,377	FY2014 ~~$9,199,377~~ $9,273,317
Fellowships (10820)	FY2013 $259,888	FY2014 $296,344
Fund Sources:
General	FY2013 $5,901,442	FY2014 ~~$5,937,898~~ $6,011,838
Higher Education Operating	FY2013 $3,557,823	FY2014 $3,557,823

Authority: Title 23, Chapter 13, Code of Virginia.