150#1c (CNU) CNU - Fund Additional Undergraduate Need-Based Aid. HB1500

State Budget

Item 150 #1c	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Christopher Newport University	FY2013 $0	FY2014 $191,569	GF

Language
Page 152, line 27, strike "$5,274,538" and insert "$5,466,107".

Explanation
(This amendment provides additional funding for undergraduate need-based financial aid in fiscal year 2014.)

Item 150	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	~~$4,804,490~~ $5,214,490	~~$4,808,194~~ $5,274,538
Scholarships (10810)	FY2013 ~~$4,804,490~~ $5,214,490	FY2014 ~~$4,804,490~~ $5,270,834
Fellowships (10820)	FY2013 $0	FY2014 $3,704
Fund Sources:
General	FY2013 $4,329,490	FY2014 ~~$4,333,194~~ $4,389,538
Higher Education Operating	FY2013 ~~$475,000~~ $885,000	FY2014 ~~$475,000~~ $885,000

Authority: Title 23, Chapter 5.3, Code of Virginia.