In-State Undergraduate Affordability
Item 253.50 #1h
Item 253.50 #1h | First Year - FY2019 | Second Year - FY2020 | |
| Education: Higher Education |
| In-State Undergraduate Affordability | FY2019 $0 | FY2020 $45,688,000 | GF |
Language
Page 260, after line 29, insert:
| "253.50 In-State Undergraduate Affordability | $0 | $45,688,000 | |
| Fund Sources:
General
|
$0
|
$45,688,000
" | |
Page 260, after line 29, insert:
"A.1. Out of this appropriation, $45,688,000 the second year from the general fund is designated for In-State Undergraduate Affordability with allocations to public colleges and universities as follows:
Institution | Annual Amount |
Christopher Newport University | $1,128,000 |
College of William and Mary | 1,418,000 |
George Mason University | 5,709,000 |
James Madison University | 4,611,000 |
Longwood University | 862,000 |
University of Mary Washington | 829,000 |
Norfolk State University | 646,000 |
Old Dominion University | 3,092,000 |
Radford University | 1,120,000 |
University of Virginia | 5,520,000 |
University of Virginia's College at Wise | 235,000 |
Virginia Commonwealth University | 5,116,000 |
Virginia Military Institute | 641,000 |
Virginia Polytechnic Institute & State University | 6,028,000 |
Virginia State University | 481,000 |
Richard Bland College | 159,000 |
Virginia Community College System | 8,093,000 |
Total | $45,688,000 |
2. Allocations listed in paragraph A.1. of this item shall be granted to public colleges and universities in fiscal year 2020 so long as they maintain tuition and mandatory Educational and General (E & G) fee charges for in-state undergraduate students to fiscal year 2019 levels.
3. The State Council of Higher Education for Virginia (SCHEV) shall certify whether each public college and university has met the tuition freeze requirements of this fund. SCHEV shall report its findings to the Governor, the Chairmen of the House Appropriations and Senate Finance Committees, and the Director of the Department of Planning and Budget by July 1, 2019.
4. Upon certification by SCHEV that the requirements in paragraph A.2. have been met, the Director, Department of Planning and Budget, shall transfer the amounts listed above to each of the certified institutions.
5. If an institution elects to increases tuition and mandatory E & G fees for in-state undergraduate students in fiscal year 2020 above the fiscal year 2019 levels, the institution shall not be eligible for an allocation from the fund.
6. The Rector, Board of Visitors of institutions choosing to forego allocations from this Item and electing to increase tuition and mandatory E & G fees for in-state undergraduate students in fiscal year 2020 shall communicate the Board Resolution certifying that decision to the Chairmen of the House Appropriations and Senate Finance Committees by August 1, 2019
7. All unallocated funds shall be transferred to Item 266, the Revenue Cash Reserve by September 1, 2019."
Explanation
(This amendment provides for in-state undergraduate tuition relief in fiscal year 2020 by providing $45.7 million from the general fund to allow public institutions to maintain increases tuition and mandatory E & G fees at fiscal year 2019 levels.)