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2026 Session

Budget Amendments - HB30 (Committee Approved)

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SCHEV - Financial Aid Programs

Item 131 #1h

Item 131 #1h

First Year - FY2027 Second Year - FY2028
Education: Higher Education
State Council of Higher Education for Virginia FY2027 $22,200,000 FY2028 $8,600,000 GF

Language
Page 196, line 46, strike "$373,888,512" and insert "$396,088,512".
Page 196, line 46, strike "$376,358,512" and insert "$384,958,512".

Page 197, after line 28, insert:

"d. Out of this amounts included in this item, $150,000 each year from the general fund is designated to expand and create new certificate and academic pathways to address workforce gaps for skilled technical workers in aero space related fields through the Virginia Space Grant Consortium."

Page 197, line 13, strike the first "$112,325,881" and insert "$117,125,881".

Page 197, line 13, strike the second "$112,325,881" and insert "$117,125,881".

Page 198, line 41, after "11.", strike "All" and insert:

"Out of this appropriation, $6,750,000 each year from the general fund is designated for all".

Page 198, after line 44, insert:

"12. Out of this appropriation $1,800,000 each year from the general fund is designated for an additional award of up to $2,000 for all students eligible and receiving an award under this program and enrolled into a TAG-eligible private not-for-profit Virginia institution, whose Hispanic-identifying students represent a three-year average of at least 25 percent of total undergraduate enrollment, and accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)."

Page 200, after line 10, insert:

"5. a, From any higher education student financial assistance balances reappropriated in the first year, the State Council of Higher Education for Virginia (SCHEV) is authorized to use up to $2,500,000 each year for a pilot program in the Two-Year College Transfer Grant Program beginning with first time eligible students under § 23.1-623 through § 23.1-627, Code of Virginia as of fall 2026.

b.  SCHEV shall transfer these funds as a pilot program to Christopher Newport University, Longwood University, Radford University, and the University of Mary Washington sufficient for each institution to provide total transfer grants equal to the difference between tuition and E&G fees at the respective institution, before application of any other financial aid, and the average tuition and E&G fees charged by Virginia's community colleges for the equivalent award year.

c. Students must have enrolled in a two-year college with a recognized transfer agreement in place with the four-year institution. Each institution shall award grants from these funds for one year and students shall not receive subsequent awards until they have satisfied the requirements to move to the next class level. Each recipient may receive a maximum of one year of support per class level for a maximum total of two years of support or three years of support for students enrolled into a five-year program."

Page 200, line 11, strike "$23,750,000" and insert "$40,000,000".

Page 200, line 11, strike "$37,350,000" and insert "$40,000,000".

Page 200, after line 23, insert:

"6. Institutions shall submit reimbursement requests within 60 days of program completion by the student; credential reimbursement shall be submitted within 90 days of program completion unless otherwise excepted by the Council. All annual data must be submitted by November 1 of the following fiscal year to ensure the annual report can be written and validated ahead of the start of the General Assembly session in January.

7. By August 1 of each year, the participating institutions shall each submit to SCHEV a projection plan for the awarding of program funds, including a list of new program offerings, which programs from the prior year will not be offered, and institution plans for instances where funds are projected to be exhausted prior to end of the fiscal year."

Page 200, strike lines 33 through 52 and insert:

"3. The Council shall distribute the funding from this item as follows:

Institution

Annual Allocation

Christopher Newport University

1,050,000

College of William and Mary

1,000,000

George Mason University

5,400,000

James Madison University

4,000,000

Longwood University

1,100,000

Norfolk State University

1,200,000

Old Dominion University

4,525,000

Radford University

1,400,000

University of Mary Washington

750,000

University of Virginia

2,000,000

University of Virginia's College at Wise

500,000

Virginia Commonwealth University

4,300,000

Virginia Military Institute

500,000

Virginia Tech

5,800,000

Virginia State University

1,100,000

Richard Bland College

500,000

Virginia Community College System

2,000,000

Any unexpended balance in this item at the close of business on June 30 each year shall not revert to the general fund, but shall be carried forward and reappropriated. Out of the amount in paragraph I.1. of this item, the Council may use up to one percent of the funds for the administration and evaluation of the activities described in this item.

4. Any allocation under this item shall be subject to performance outcomes established in paragraph I.5. Funds shall be ongoing to ensure successful enrollment and completion for students.

5. The Council shall establish eligibility criteria, establish performance outcomes and monitor performance in consultation with staff from the House Appropriations and the Senate Finance and Appropriations Committees, the Office of the Secretary of Education, and the Department of Planning and Budget."

Page 201, strike lines 1 through 9 and insert:

"6. The Council shall report on activities related to this initiative by November 1 of each year to the Chairs of the House Appropriations and Senate Finance and Appropriations Committees and the Secretary of Education on the outcomes and effectiveness of the allocated funds. Such report shall include, at minimum, data on recruitment, retention, and graduation of Pell-eligible students at institutions receiving funding and performance against the outcomes established in paragraph I.5."

Page 201, strike lines 11 through 13 and insert:

"second year from the the general fund is designated to offset the impact of programs under § 23.1-608, Code of Virginia."

Page 201, line 19, strike "November 1" and insert "December 15".

Page 201, line 19, after "programs", insert "as of November 15".

Page 201, after line 24, insert:

"K. Out of this appropriation, $1,000,000 each year from the general fund is designated to support grants to in-state undergraduate students attending Virginia University of Lynchburg to provide collegiate education and not to provide religious training or theological education.

L. Notwithstanding any other provision of law, on or before July 15, 2026, the Comptroller shall revert $22,850,000 to the general fund representing unspent balances from this program.

M. 1. The State Council of Higher Education for Virginia (SCHEV), in collaboration with the Department of Veterans Services (DVS) and public colleges and universities, shall collect and report by December 15 of each year data related to the Virginia Military Survivors and Dependents Education Program (VMSDEP) as follows:

a.  Approved and active beneficiaries by eligibility category:

1) Veterans with 90 percent disability

2) Veterans with 100 percent disability

3) Gold star beneficiaries

b. Beneficiary classification, reported as aggregate institutional totals:

1) Spouses and dependents

2) Combat and noncombat qualifying service

3) Eligibility pathway, including qualification through DD-214 or through 5 year VA residency

4) Residency status at eligibility determination

c. Enrollment and academic utilization:

1) Total number of people approved for VMSDEP Eligibility

2) Total number of enrolled VMSDEP beneficiaries

3) Aggregate counts of full and part time students

4) Aggregate counts of enrolled beneficiaries by remaining semesters of eligibility

5) Major upon graduation-what degree was conferred

d. For each public college and university:

1) Total VMSDEP funding allocation

2) Distribution of said allocation.

2. As part of the data collection, SCHEV will ensure an audit of the data is conducted by the Auditor of Public Accounts and include in the annual report the result of the audit for the previous two years.

3. SCHEV and DVS will prepare a glossary of terms for the financial aid offices at each public college and university.

4. DVS and all public colleges and universities shall cooperate with SCHEV in the execution of its responsibilities under this item."



Explanation

(This amendment provides increased funding for VTAG, grants to in-state undergraduate students, workforce credential grants, and the Virginia Space Grant. In addition, the amendment makes technical clarifying changes to existing programs administered by SCHEV and allows for a pilot transfer grant program utilizing reappropriated balances and transfers certain unused balances. Finally, the amendment requires a cooperative data collection by the State Council of Higher Education for Virginia, the Department of Veterans Services and public colleges and universities.)