183#1s (RU) RU - Redirect 50% of New Financial Aid Funding. HB5002

State Budget

Item 183 #1s	First Year - FY2019	Second Year - FY2020
Education
Radford University	FY2019 ($403,667)	FY2020 ($687,929)	GF

Language
Page 173, line 41, strike "$12,835,257" and insert "$12,431,590".
Page 173, line 41, strike "$13,403,779" and insert "$12,715,850".

Explanation

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

Item 183	First Year - FY2019	Second Year - FY2020
Higher Education Student Financial Assistance (10800)	$12,835,257	$13,403,779
Scholarships (10810)	FY2019 $11,916,510	FY2020 $12,485,032
Fellowships (10820)	FY2019 $918,747	FY2020 $918,747
Fund Sources:
General	FY2019 $10,927,786	FY2020 $11,496,308
Higher Education Operating	FY2019 $1,907,471	FY2020 $1,907,471

Authority: Title 23.1, Chapter 21, Code of Virginia.