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2022 Session

Budget Amendments - HB30 (Committee Approved)

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UMW - Repurpose Proposed Financial Aid

Item 189 #1h

Item 189 #1h

First Year - FY2023 Second Year - FY2024
Higher Education
University of Mary Washington FY2023 ($10,600) FY2024 ($1,399,250) GF

Language
Page 215, line 34, strike "$17,938,862" and insert "$17,928,262".
Page 215, line 34, strike "$19,465,862" and insert "$18,066,612".


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.)