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2022 Special Session I

Budget Amendments - HB30 (Conference Report)

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SCHEV - Adjust Proposed Financial Aid for Revised Estimates

Item 142 #3c

Item 142 #3c

First Year - FY2023 Second Year - FY2024
Education: Higher Education
State Council of Higher Education for Virginia FY2023 ($13,000,000) FY2024 ($13,800,000) GF

Language
Page 180, line 36, strike "$136,015,951" and insert "$123,015,951".
Page 180, line 36, strike "$146,328,512" and insert "$132,528,512".

Page 184, strike lines 53 through 56.

Page 184, after line 52, insert:

"K. Out of this appropriation, $5,000,000 each year from the general fund is designated for need-based financial assistance for students eligible under § 23.1-505.1, Code of Virginia.  On July 1 of each fiscal year, the State Council of Higher Education for Virginia shall transfer to the Higher Education Student Financial Assistance program (108) at each public higher education institution the following amounts for this purpose:

                                                                                                                                                                                                                        

Institution

Fiscal Year 2023

Fiscal Year 2024

Christopher Newport University (242)

$84,000

$84,000    

George Mason University (247)

1,055,000

1,055,000    

James Madison University (216)

349,000

349,000    

Longwood University (214)

75,000

75,000    

Norfolk State University (213)

23,000

23,000    

Old Dominion University (221)

212,000

212,000    

Radford University (217)

116,000

116,000    

University of Mary Washington (215)

78,000

78,000    

University of Virginia (207)

49,000

49,000    

University of Virginia at Wise (246)

23,000

23,000    

Virginia Commonwealth University (236)

558,000

558,000    

Virginia Tech (208)

560,000

560,000    

Virginia State University (212)

51,000

51,000    

William and Mary (204)

356,000

356,000    

Richard Bland College (241)

31,000

31,000    

Virginia Community College System (260)

1,380,000

1,380,000    

Total

$5,000,000

$5,000,000".

Page 185, strike lines 1 through 15.



Explanation

(This amendment provides funding for need-based financial assistance for students eligible under § 23.1-505.1, Code of Virginia, which expands eligibility for state financial assistance to undocumented students.)