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2024 Session

Budget Amendments - SB30 (Floor Approved)

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SCHEV - Restore Funding for Student Loan Ombudsman

Item 132 #4s

Item 132 #4s

First Year - FY2025 Second Year - FY2026
Education: Higher Education
State Council of Higher Education for Virginia FY2025 $126,811 FY2026 $174,000 GF

Language
Page 191, line 6, strike "$46,104,707" and insert "$46,231,518".
Page 191, line 6, strike "$28,382,518" and insert "$28,556,518".

Page 194, after line 12, insert:

"S. Out of this appropriation, $174,000 and one position the first year and $174,000 and one position the second year from the general fund is designated for the  student loan ombudsman, as authorized in § 23.1 Article 4, to provide timely assistance to student borrowers of any student education loan in the Commonwealth."



Explanation

(This amendment restores funding that was reduced by $126,811 GF the first year and $174,000 GF the second year in the introduced budget for the Office of the Qualified Education Loan Ombudsman.)