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2026 Special Session I

Budget Amendments - HB30 (Conference Report)

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SCHEV - Increase funding for the Tuition Assistance Grant Program

Item 131 #5c

Item 131 #5c

First Year - FY2027 Second Year - FY2028
Education: Higher Education
State Council of Higher Education for Virginia FY2027 $9,500,000 FY2028 $9,500,000 GF

Language
Page 196, line 46, strike "$373,888,512" and insert "$383,388,512".
Page 196, line 46, strike "$376,358,512" and insert "$385,858,512".

Page 197, line 13, strike the first "$112,325,881" and insert "$121,825,881".

Page 197, line 13, strike the second "$112,325,881" and insert "$121,825,881".

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

"Out of this appropriation, $6,750,000 the first year and $6,750,000 the second year from the general fund is designated such that all".

Page 198, after line 44, insert:

"12. Out of this appropriation $1,800,000 the first year and $1,800,000 the second 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)."



Explanation

(This amendment provides additional funding for the Tuition Assistance Grant (TAG) Program and establishes specific amounts for additional awards to eligible students.)