170#2c (JMU) JMU - Increase Graduate Financial Aid. HB30

State Budget

Item 170 #2c	First Year - FY2017	Second Year - FY2018
Education: Higher Education
James Madison University	FY2017 $258,001	FY2018 $374,101	GF

Language
Page 162, line 7, strike "$14,739,355" and insert "$14,997,356".
Page 162, line 7, strike "$14,739,355" and insert "$15,113,456".

Explanation

(This amendment provides funding for graduate financial aid based on the State Council of Higher Education for Virginia's recommendations.)

Item 170	First Year - FY2017	Second Year - FY2018
Higher Education Student Financial Assistance (10800)	$14,997,356	$14,812,130
Scholarships (10810)	FY2017 $14,197,485	FY2018 $13,896,159
Fellowships (10820)	FY2017 $799,871	FY2018 $915,971
Fund Sources:
General	FY2017 $8,620,285	FY2018 $8,435,059
Higher Education Operating	FY2017 $6,377,071	FY2018 $6,377,071

Authority: Title 23, Chapter 12.1, Code of Virginia.