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2022 Session

Budget Amendments - HB30 (Floor Approved)

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VT - Affordable Access

Item 223 #2h

Item 223 #2h

First Year - FY2023 Second Year - FY2024
Higher Education
Virginia Polytechnic Institute and State University FY2023 $5,500,000 FY2024 $5,500,000 GF

Language
Page 240, line 44, strike "$884,305,983" and insert "$889,805,983".
Page 240, line 44, strike "$885,488,983" and insert "$890,988,983".

Page 242, after line 30, insert:

"K. Out of this appropriation, $5,500,000 each year from the general fund is designated to support affordable access for in-state undergraduate students.  The funding  provides the institution with the ability to limit in-state undergraduate tuition increase to no more than three percent in fiscal year 2023."



Explanation

(This amendment provides funding to maintain affordable access for in-state undergraduate students.)