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2022 Session

Budget Amendments - HB30 (Committee Approved)

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CNU - Repurpose Proposed Financial Aid

Item 149 #1h

Item 149 #1h

First Year - FY2023 Second Year - FY2024
Higher Education
Christopher Newport University FY2023 ($7,600) FY2024 ($850,400) GF

Language
Page 190, line 17, strike "$10,517,330" and insert "$10,509,730".
Page 190, line 17, strike "$11,464,030" and insert "$10,613,630".


Explanation

(This amendment repurposes a portion of the proposed new funding in the budget as introduced. Funds are repurposed in order to allow institutions to limit in-state undergraduate tuition increases in fiscal year 2023 and still allow for an increase in financial aid funding over the base budget.)