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2026 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Peake
Increase the Virginia Teaching Scholarship Loan Program

Item 124 #20s

Item 124 #20s

First Year - FY2027 Second Year - FY2028
Education: Elementary and Secondary
Direct Aid to Public Education FY2027 $1,500,000 FY2028 $1,500,000 GF

Language
Page 139, line 40, strike "$52,993,467" and insert "$54,493,467".
Page 139, line 40, strike "$52,235,967" and insert "$53,735,967".

Page 142, line 34, strike each instance of "$708,000" and insert "$2,208,000".



Explanation

(This amendment provides $1.5 million GF each year in additional funding for the Virginia Teaching Scholarship Loan Program, bringing the total appropriation to $2.2 million GF each year, to increase incentives for aspiring educators and draw additional people into the profession. The program currently receives a $708,000 allotment annually, which assists about 75 future educators a year with tuition.)