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2024 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Locke
SCHEV - Stipends for Students in WCG-FastForward

Item 130 #9s

Item 130 #9s

First Year - FY2025 Second Year - FY2026
Education: Higher Education
State Council of Higher Education for Virginia FY2025 $19,500,000 FY2026 $19,500,000 GF

Language
Page 186, line 30, strike "$182,168,512" and insert "$201,668,512".
Page 186, line 30, strike "$145,968,512" and insert "$165,468,512".

Page 190, after line 43, insert:

"K. 1. Out of this appropriation $19,500,000 the first year and $19,500,000 the second year from the general fund is provided to support stipends for students enrolled in the New Economy Workforce Credential Grant program that meet eligibility criteria.

2. SCHEV shall develop the eligibility criteria and award amounts and should consider factors, such as the financial need of the student and the duration of the program. SCHEV shall allocate funds to institutions on behalf of students that meet the eligibility criteria."



Explanation

(This amendment allows students enrolled in noncredit workforce credential programs using the New Economy Workforce Credential Grant Program to receive a stipend while they are in training.)