187#1c (UMW) UMW - Increase Need-Based Aid. HB1400

State Budget

Item 187 #1c	First Year - FY2015	Second Year - FY2016
Education: Higher Education
University of Mary Washington	FY2015 $0	FY2016 $650,000	GF

Language
Page 171, line 23, strike "$3,155,265" and insert "$3,805,265".

Explanation
(This amendment provides $650,000 from the general fund in the second year for additional undergraduate need-based aid.)

Item 187	First Year - FY2015	Second Year - FY2016
Higher Education Student Financial Assistance (10800)	$2,577,885	~~$2,577,885~~ $3,155,265
Scholarships (10810)	FY2015 $2,571,686	FY2016 ~~$2,571,686~~ $3,149,066
Fellowships (10820)	FY2015 $6,199	FY2016 $6,199
Fund Sources:
General	FY2015 $1,827,885	FY2016 ~~$1,827,885~~ $2,405,265
Higher Education Operating	FY2015 $750,000	FY2016 $750,000

Authority: Title 23, Chapter 9.2, Code of Virginia.