154#1c (CWM) CWM - Fund Additional Undergraduate Need-Based Aid. HB1500 - Conference Report

State Budget

2013 Session

Budget Amendments - HB1500 (Conference Report)

Bill Order » Item 154 #1c

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CWM - Fund Additional Undergraduate Need-Based Aid

Item 154 #1c

Item 154 #1c	First Year - FY2013	Second Year - FY2014
Education: Higher Education
The College of William and Mary in Virginia	FY2013 $0	FY2014 $135,422	GF

Language
Page 154, line 35, strike "$20,598,072" and insert "$20,733,494".

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

Item 154

Item 154	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	~~$16,984,841~~ $20,494,554	~~$17,048,529~~ $20,598,072
Scholarships (10810)	FY2013 ~~$13,584,564~~ $14,944,277	FY2014 ~~$13,584,564~~ $14,984,107
Fellowships (10820)	FY2013 ~~$3,400,277~~ $5,550,277	FY2014 ~~$3,463,965~~ $5,613,965
Fund Sources:
General	FY2013 $3,744,871	FY2014 ~~$3,808,559~~ $3,848,389
Higher Education Operating	FY2013 ~~$13,239,970~~ $16,749,683	FY2014 ~~$13,239,970~~ $16,749,683

Authority: Title 23, Chapter 5, Code of Virginia.

Higher education operating funds appropriated in this program may be allocated for need-based aid to Virginia undergraduate students to enhance the quality and diversity of the student body.