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2016 Session

Budget Amendments - HB30 (Floor Approved)

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GMU - HAC Access and Affordability

Item 165 #1h

Item 165 #1h

First Year - FY2017 Second Year - FY2018
Education
George Mason University FY2017 $7,584,143 FY2018 $11,291,946 GF

Language
Page 159, line 16, strike "$478,703,471" and insert "$486,287,614".
Page 159, line 16, strike "$478,709,149" and insert "$490,001,095".

Page 160, after line 13, insert:

" H. 1. Out of this appropriation, $7,584,143 the first year and $11,291,946 the second year from the general fund is designated to support the goals of access, affordability, quality and increased degrees.  Funds provided in this item support the institution's priorities to hire new faculty, to support operations and maintenance of new facilities, to support the Innovation Commercialization Assistance Program at GMU's Small Business Development Center and to engage in biomedical research collaborations.  Given the increased general fund, it is the intent of the General Assembly that in-state undergraduate tuition should not increase by more than 3.0%  in each year.  However, a formal request and justification for increases that exceed this percent may be submitted by the institution to the Governor for his approval.  The Director, Department of Planning and Budget, shall report to the Chairmen of the House Appropriations and Senate Finance Committees by August 1, 2016 on the receipt and status of such requests.

2.  Out of the amounts provided in paragraph H.1., $1,000,000 each year is designated to continue efforts to provide online course offerings in collaboration with Old Dominion University.  Each institution shall take into consideration the findings and recommendations  of Item 1. §1., Chapter 664, 2015 Acts of Assembly.  It is the intent of the General Assembly that per credit rate charged to Virginia residents by George Mason University and Old Dominion University for these online course and program offerings be less than the on-campus in-state undergraduate rate and should be standardized for both institutions.  Each institution shall coordinate with other Virginia public institutions of higher education to offer the opportunity of achieving a low-cost degree through the use of online courses."



Explanation

(This amendment provides additional general funds to support the goals of access, affordability, quality and increased degrees. It also reflects legislative intent with regard to in-state undergraduate tuition increases.)