219#1c (VMI) VMI - Fund Additional Undergraduate Need-Based Aid. HB1500

State Budget

Item 219 #1c	First Year - FY2013	Second Year - FY2014
Education: Higher Education
Virginia Military Institute	FY2013 $0	FY2014 $36,448	GF

Language
Page 194, line 33, strike "$2,534,480" and insert "$2,570,928".

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

Item 219	First Year - FY2013	Second Year - FY2014
Higher Education Student Financial Assistance (10800)	$2,523,760	~~$2,523,760~~ $2,534,480
Scholarships (10810)	FY2013 $2,523,760	FY2014 ~~$2,523,760~~ $2,534,480
Fund Sources:
General	FY2013 $823,760	FY2014 ~~$823,760~~ $834,480
Higher Education Operating	FY2013 $1,700,000	FY2014 $1,700,000

Authority: Title 23, Chapter 10, § 23-105, Code of Virginia.

Out of the amounts for Scholarships and Loans, the Institute shall provide for State Cadetships and for discretionary student aid.