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2004 Session

Budget Bill - SB29 (Introduced)

State Council of Higher Education for Virginia

Item 165

Item 165

First Year - FY2003Second Year - FY2004
Financial Assistance for Educational and General Services (11000)$8,082,220$7,375,065
$7,360,665
Eminent Scholars (11001)FY2003 $6,833,872FY2004 $6,277,568
Regional Grants and Contracts (11003)FY2003 $915,914FY2004 $797,497
$783,097
Sponsored Programs (11004)FY2003 $250,000FY2004 $250,000
Outstanding Faculty Recognition (11009)FY2003 $82,434FY2004 $50,000
Fund Sources:  
GeneralFY2003 $7,782,220FY2004 $7,075,065
$7,060,665
SpecialFY2003 $300,000FY2004 $300,000

Authority: Regional Grants and Contracts: Discretionary Inclusion; Eminent Scholars: Discretionary Inclusion; Outstanding Faculty Recognition Program: Discretionary Inclusion; Graduate and Undergraduate Assistance; § 23-38.19:1.


A. No amount, or part of an amount, listed for any subprogram in this appropriation shall be expended for any other subprogram in this appropriation.


Appropriations in this Item are subject to the conditions specified in paragraphs B, C, and D hereof.


B. Eminent Scholars


1. Out of this appropriation, $6,252,014 the first year and $6,277,568 the second year from the general fund is designated for attracting and retaining eminent scholars in institutions of higher education.


2. These sums shall be apportioned, in accordance with plans approved by the Secretary of Education, to institutions of higher education, to match the interest earned by endowments created for this purpose after June 30, 1966.


3. However, this stipulation shall not prohibit the appropriation and expenditure of interest earned on these endowments that exceed the match for the state appropriation.


C. Regional Grants and Contracts


1. Out of this appropriation the following sums for regional education and scholarships are made available, to be expended in accordance with agreements between the Commonwealth of Virginia and the Southern Regional Education Board and for additional places in other out-of-state institutions:


a. For library science scholarships, $39,738 the first year from the general fund.


b. For optometry scholarships, $167,812 $153,412 the first year and $200,000 the second year from the general fund.


c. For forensic science scholarships, $34,000 the first year from the general fund.


d. For the Commonwealth of Virginia's participation in the Southern Regional Educational Board initiative to increase the number of minority doctoral graduates, $216,750 the first year and $170,000 the second year from the general fund.


2. Out of the amounts for Regional Grants and Contracts the following sums are made available for third-year and fourth-year students from Accomack and Northampton Counties: $68,000 the first year and $68,000 the second year from the general fund for tuition grants for attendance at Salisbury State College and the University of Maryland-Eastern Shore, in the State of Maryland.


3. Out of the amounts for Regional Grants and Contracts the following sums are made available for forestry scholarships: $67,554 the first year from the general fund, out of which shall be paid the cost differential in tuition for any Virginia student to pursue the third and/or fourth years in specialized courses in pulp and paper technology, and forest products or utilization at an accredited out-of-state school of forestry to which the student is accepted, when such specialized courses leading to an accredited degree are not offered by a state institution of higher education in Virginia.


D. Outstanding Faculty Recognition Program


1. Out of this appropriation, $22,434 the first year from the general fund is designated for the Outstanding Faculty Recognition Awards program.


2. The State Council of Higher Education for Virginia shall annually provide a grant to faculty members selected to be honored under this program.


3. The faculty members shall be selected from public and private institutions of higher education in Virginia, but recipients of Outstanding Faculty Recognition Awards shall not be eligible for the Awards in subsequent years.