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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Reid
Virginia Teaching Scholarship Loan Program

Item 124 #26h

Item 124 #26h

First Year - FY2025 Second Year - FY2026
Education
Direct Aid to Public Education FY2025 $792,000 FY2026 $792,000 GF

Language
Page 131, line 45, strike "$89,063,467" and insert "$89,855,467".
Page 131, line 45, strike "$88,308,467" and insert "$89,100,467".

Page 131, line 54, strike "$2,281,000" and "$2,281,000" and insert:

"$3,073,000" and "$3,073,000."

Page 133, line 49, strike "$708,000" and "$708,000" and insert:

"$1,500,000" and "$1,500,000".

Page 134, after line 25, insert:

"d. The department shall notify recipients of teaching scholarship loans and the nominating institutions by July 15th  each year, and provide awards by  August 1st of each year."



Explanation

(This amendment provides an additional $792,000 for teaching scholarship loans.)