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2022 Session

Budget Amendments - HB30 (Committee Approved)

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SCHEV - TAG Award

Item 142 #3h

Item 142 #3h

First Year - FY2023 Second Year - FY2024
Higher Education
State Council of Higher Education for Virginia FY2023 $302,000 FY2024 $102,000 GF

Language
Page 180, line 36, strike "$136,015,951" and insert "$136,317,951".
Page 180, line 36, strike "$146,328,512" and insert "$146,430,512".

Page 181, line 27, strike "$2,450" and insert "$4,500".

Page 181, line 28, strike "$2,700" and insert "$5,000".

Page 182, line 19, after "11.", insert "a."

Page 182, line 20, strike, "$2,000" and insert:

"$2,250 the first year and $2,500 the second year".

Page 182, after line 26, insert:

"b. It is the intent of the General Assembly that awards under this paragraph related to new incoming students shall be calculated and granted at 50 percent of the undergraduate residential level."



Explanation

(This amendment provides for increases of the tuition assistance grant for online students and benchmarks that award to remain at 50 percent of the undergraduate residential award level. In addition, the graduate award is set at the same level as the undergraduate award.)