170#1s (JMU) JMU - Increase Graduate Financial Aid. SB30

State Budget

Item 170 #1s	First Year - FY2017	Second Year - FY2018
Education: Higher Education
James Madison University	FY2017 $344,001	FY2018 $516,002	GF

Language
Page 162, line 7, strike "$14,739,355" and insert "$15,083,356".
Page 162, line 7, strike "$14,739,355" and insert "$15,255,357".

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)	$14,739,355	$14,739,355
Scholarships (10810)	FY2017 $14,197,485	FY2018 $14,197,485
Fellowships (10820)	FY2017 $541,870	FY2018 $541,870
Fund Sources:
General	FY2017 $8,362,284	FY2018 $8,362,284
Higher Education Operating	FY2017 $6,377,071	FY2018 $6,377,071

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