2014 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Lingamfelter
GMU Transfer Loan Funds (language only)

Item 163 #1h

Item 163 #1h

Education: Higher Education
George Mason University

Page 154. after line 7, insert:
"C. Notwithstanding the provisions of § 4-5.01.5.b) of this Act, George Mason University is hereby authorized to transfer the balance of its discontinued loan funds to an endowment fund established by the University to be used for scholarships for full and part-time students."

(This amendment allows George Mason University to transfer student loan funds from a discontinued program to an endowment for scholarships.)