231#1s (VSU) VSU - Increase Graduate Financial Aid. HB30

State Budget

2016 Session

Budget Amendments - HB30 (Committee Approved)

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VSU - Increase Graduate Financial Aid

Item 231 #1s

Item 231 #1s	First Year - FY2017	Second Year - FY2018
Education: Higher Education
Virginia State University	FY2017 $94,451	FY2018 $141,677	GF

Language
Page 192, line 7, strike "$15,109,877" and insert "$15,204,328".
Page 192, line 7, strike "$15,109,877" and insert "$15,251,554".

Explanation

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

Item 231

Item 231	First Year - FY2017	Second Year - FY2018
Higher Education Student Financial Assistance (10800)	$15,109,877	$15,109,877
Scholarships (10810)	FY2017 $14,813,533	FY2018 $14,813,533
Fellowships (10820)	FY2017 $296,344	FY2018 $296,344
Fund Sources:
General	FY2017 $8,512,850	FY2018 $8,512,850
Higher Education Operating	FY2017 $6,597,027	FY2018 $6,597,027

Authority: Title 23, Chapter 13, Code of Virginia.

Out of this appropriation, $1,199,616 the first year and $1,199,616 the second year from the general fund is designated to support in-state undergraduate need-based financial aid. The university is authorized to utilize a portion of this appropriation to support Educational and General Programs if necessary.

State Budget

2016 Session

Budget Amendments - HB30 (Committee Approved)

VSU - Increase Graduate Financial Aid

Item 231 #1s

Item 231 #1s

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Item 231