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2026 Session

Budget Amendments - SB30 (Committee Approved)

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SCHEV - Workforce Credential Grant Program

Item 131 #2s

Item 131 #2s

First Year - FY2027 Second Year - FY2028
Education: Higher Education
State Council of Higher Education for Virginia FY2027 $9,450,000 FY2028 $2,650,000 GF

Language
Page 196, line 46, strike "$373,888,512" and insert "$383,338,512".
Page 196, line 46, strike "$376,358,512" and insert "$379,008,512".

Page 200, line 11, strike "$23,750,000" and insert "$33,200,000".

Page 200, line11, strike "$37,350,000" and insert $40,000,000".

Page 200, line 12, strike "13,600,000" and insert "$6,800,000".

Page 200, after line 23, insert:

"6. To the greatest extent possible, institutions shall submit reimbursement requests within 60 days of program completion by the student and credential remibrusements shall be submitted within 90 days of program completion unless otherwise excepted by the Council. All annual data shall be submitted by November 1 to ensure that the annual report may be compiled and validated by the deadline.

7. By August 1 of each year, the participating institutions shall each submit to the Council an implementation plan for the awarding of program funds, including a list of new program offerings, which programs from the prior year will no longer be offered, and institutional plans for instances where funds are anticipated to be exhausted prior to the end of the fiscal year."



Explanation

(This amendment provides $9.5 million GF the first year and $2.7 million GF the second year for the New Economy Workforce Credential Grant (Fast Forward). Additional funding is needed to maintain the community colleges' current programs and begin addressing the backlog of high demand programs.)