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2022 Session

Budget Amendments - HB30 (Floor Approved)

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UVA Wise - Repurpose Proposed Financial Aid

Item 203 #1h

Item 203 #1h

First Year - FY2023 Second Year - FY2024
Higher Education
University of Virginia's College at Wise FY2023 ($200,000) FY2024 ($1,401,200) GF

Language
Page 222, line 39, strike "$4,097,235" and insert "$3,897,235".
Page 222, line 39, strike "$5,418,535" and insert "$4,017,335".


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.)