201#1s (UVA/CW) UVA-Wise -Redirect 50% of New Financial Aid Funding. SB30

State Budget

Item 201 #1s	First Year - FY2019	Second Year - FY2020
Education
University of Virginia's College at Wise	FY2019 ($109,126)	FY2020 ($186,652)	GF

Language
Page 181, line 28, strike "$2,833,828" and insert "$2,724,702".
Page 181, line 28, strike "$2,988,880" and insert "$2,802,228".

Explanation

(This amendment redirects 50% of the new undergraduate financial aid funding.)

Item 201	First Year - FY2019	Second Year - FY2020
Higher Education Student Financial Assistance (10800)	$2,833,828	$2,988,880
Scholarships (10810)	FY2019 $2,833,828	FY2020 $2,988,880
Fund Sources:
General	FY2019 $2,783,828	FY2020 $2,938,880
Higher Education Operating	FY2019 $50,000	FY2020 $50,000

Authority: Title 23.1. Chapter 22, Article 2, Code of Virginia.