175#1c (NSU) NSU - Increase Need-Based Aid. HB1400

State Budget

Item 175 #1c	First Year - FY2015	Second Year - FY2016
Education: Higher Education
Norfolk State University	FY2015 $0	FY2016 $300,000	GF

Language
Page 165, line 34, strike "$13,219,664" and insert "$13,519,664".

Explanation
(This amendment provides $300,000 from the general fund in the second year for additional undergraduate need-based aid.)

Item 175	First Year - FY2015	Second Year - FY2016
Higher Education Student Financial Assistance (10800)	$13,119,664	~~$13,119,664~~ $13,219,664
Scholarships (10810)	FY2015 $13,054,319	FY2016 ~~$13,054,319~~ $13,154,319
Fellowships (10820)	FY2015 $65,345	FY2016 $65,345
Fund Sources:
General	FY2015 $8,219,664	FY2016 ~~$8,219,664~~ $8,319,664
Higher Education Operating	FY2015 $4,900,000	FY2016 $4,900,000

Authority: Title 23, Chapter 13.1, Code of Virginia.