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2026 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Locke
SCHEV - Tuition Assistance Grants

Item 131 #8s

Item 131 #8s

First Year - FY2027 Second Year - FY2028
Education: Higher Education
State Council of Higher Education for Virginia FY2027 $8,700,000 FY2028 $11,500,000 GF

Language
Page 196, line 46, strike "$373,888,512" and insert "$382,588,512".
Page 196, line 46, strike "$376,358,512" and insert "$387,858,512".

Page 197, line 13, strike the first instance of "$112,325,881" and insert "$121,025,881".

Page 197, line 13, strike the second instance of "$112,325,881" and insert "$123,825,881".

Page 197, line 37, strike "$5,250" and insert "$5,300".

Page 197, line 38, strike "$5,250" and insert "$5,300".



Explanation

(The amendment provides and additional $8.7 million GF the first year and $11.5 million GF the second year for the Tuition Assistance Grant (TAG) Program. The amount includes $17.3 million to support the amount needed to provide awards at the levels included in the current budget due to higher than expected enrollment growth and $3.0 million to increase the award amount from $5,250 to $5,300 for undergraduate students.)