169#1c (JMU) JMU - Fund Additional Undergraduate Need-Based Aid. HB1500

State Budget

Item 169 #1c	First Year - FY2013	Second Year - FY2014
Education: Higher Education
James Madison University	FY2013 $0	FY2014 $310,498	GF

Language
Page 162, line 53, strike "$11,421,932" and insert "$11,732,430".

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

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.