Authority: Title 23, Chapter 13, Code of Virginia.
A. This Item includes general and nongeneral fund appropriations to support institutional initiatives that help meet statewide goals described in the Restructured Higher Education Financial and Administrative Operations Act of 2005 (Chapters 933 and 945, 2005 Acts of Assembly).
B.1. Out of this appropriation, $3,790,639 the first year and $3,790,639 the second year from the general fund is designated for continued enhancement of the existing Bachelor of Science academic programs in Computer Science, Manufacturing Engineering, Computer Engineering, Mass Communications and Criminal Justice, and the doctoral program in Education.
2. Out of this appropriation, $37,500 the first year and $37,500 the second year from the general fund is provided to serve in lieu of endowment income for the Eminent Scholars Program.
3. Any unexpended balances in paragraphs B.1. and B.2. in this Item at the close of business on June 30, 2014 and June 30, 2015, shall not revert to the surplus of the general fund but shall be carried forward on the books of the State Comptroller and reappropriated in the succeeding year.
C. This appropriation includes $200,000 the first year and $200,000 the second year from the general fund to increase the number of faculty with terminal degrees to at least 85 percent of the total teaching faculty.
D. Out of this appropriation, Virginia State University is authorized to use up to $600,000 the first year and $600,000 the second year from the general fund to address extremely critical deferred maintenance deficiencies in its facilities, including residence halls and dining facilities.
E. As Virginia's public colleges and universities approach full funding of the base adequacy guidelines and as the General Assembly strives to fully fund the general fund share of the base adequacy guidelines, these funds are provided with the intent that, in exercising their authority to set tuition and fees, the Board of Visitors shall take into consideration the impact of escalating college costs for Virginia students and families. In accordance with the cost-sharing goals set forth in § 4-2.01 b. of this act, the Board of Visitors is encouraged to limit increases on tuition and mandatory educational and general fees for in-state, undergraduate students to the extent possible.
F. Out of this appropriation, $1,300,000 the first year and $1,300,000 the second year from the general fund is designated to support the Manufacturing Engineering and Logistics Technology program.
G.1. Out of this appropriation, $558,992 the second year from the general fund is provided to address restoration of budget cuts, to incentivize growth of transfer students and cost associated with improving retention.
2. Virginia State University is authorized to utilize up to $400,000 of the amount provided in paragraph G.1. of this item in the form of student financial assistance. However, should the institution decide to use these funds as financial aid, it shall be for the fiscal year only and not a permanent transfer.
H. In addition to the amounts provided in this item, and authorized pursuant to Item 467, P.7., the institution may reallocate from educational and general program funds in the second year to provide an additional 2.50 percent average faculty salary increase for teaching and research faculty. The institution may provide these increases consistent with its faculty pay plan.
I. The institution may adjust any of the amounts embedded in language under this item not to exceed the percentage reduction received.