2017 Session

Budget Amendments - HB1500 (Conference Report)

Online Virginia Network Authority

Item 255.10 #1c

Item 255.10 #1c

First Year - FY2017 Second Year - FY2018
Education: Higher Education
Online Virginia Network Authority FY2017 $1,000,000 FY2018 $2,000,000 GF


Page 231, after line 4, insert:


Page 231, after line 4, insert:
"255.10 Online Virginia Network Authority$1,000,000$2,000,000
Fund Sources:  General $1,000,000 $2,000,000 "

"A. Out of this appropriation, $1,000,000 the first year and $2,000,000 the second year from the general fund is designated for the Online Virginia Network Authority (OVN).  George Mason University and Old Dominion University shall develop a plan for the OVN that (1) serves adult learners, nontraditional students, and other students seeking access to an online degree program; (2) is more cost-effective than a traditional degree; (3) describes how the OVN  will reduce the unit cost of providing online education; (4) uses tuition revenue from online students to support the cost of the initiative; (5) includes a discussion of potential options to partner with those currently providing online courses; and (6) utilizes only existing financial aid programs.  The OVN shall provide a status report on the plan to the Governor and the Chairmen of the House Appropriations and the Senate Finance Committees by November 1, 2017.  OVN will provide annual progress reports by November 1 in subsequent years."


(This amendment provides funding and policy guidance for the Online Virginia Network Authority established under House Bill 2262.)