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2023 Session

Budget Amendments - SB800 (Committee Approved)

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SCHEV - Recruitment and Retention of Pell-Eligible Students

Item 142 #1s

Item 142 #1s

First Year - FY2023 Second Year - FY2024
Education: Higher Education
State Council of Higher Education for Virginia FY2023 $0 FY2024 $25,000,000 GF

Language
Page 207, line 43, strike "$160,378,512" and insert "$185,378,512".

Page 212, line 20, strike "$25,000,000" and insert "$50,000,000"

Page 212, lines 30-37, strike and insert:

"3. Any Virginia public institution of higher education may apply for pilot funding in the second year through a competitive grant process. Applications must demonstrate efforts to restructure outreach, recruitment, admission, and retention procedures. Funds are intended to support initiatives that attract, enroll, and retain low-income students. Institutions that request funds for need-based financial aid must specify that aid may be used to support internship opportunities.  

4. Any institutional grant under this initiative shall be subject to performance outcomes established in paragraph 5. Funds shall be ongoing to ensure successful enrollment and completion for students. Pilots demonstrating successful outcomes may be prioritized in future base funding requests."  



Explanation

(This amendment increases funding for the Pell initiative, provides additional language regarding the use of financial aid for internship opportunities and states that funding will be ongoing to ensure successful outcomes for students.)