Item 463.20 | First Year - FY2007 | Second Year - FY2008 |
|---|
|
|
| Two Year College Transfer Grant (11500) | $0 | $1,800,000 |
| Fund Sources: | | |
| General | FY2007 $0 | FY2008 $1,800,000 |
A. Contingent upon passage of House Bill 1681 and Senate Bill 749, the Director, Department of Planning and Budget shall transfer $1,800,000 from this item to Item 143 for the purpose of providing start-up funding for the Two-Year College Transfer Grant.
B. Once such funds are transferred, the State Council of Higher Education for Virginia shall promulgate regulations for the implementation of the Two-Year College Transfer Grant Program and disburse funds consistent with the provisions of House Bill 1681 and Senate Bill 749.