Virginia Community College System (260)
| Request Title | Remove federal student financial assistance appropriation related to new disbursement procedure |
| Biennium | 2016-2018 |
| Budget Round | Amended Bill |
| Category | Technical Adjustment |
| Region | Multiple Regions |
Description
|
Removes federal financial aid appropriation which is no longer needed to disburse financial aid refunds to students. Refunds are now processed through a contracted third party. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $0 | ($502,750,000) | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
| 108 | Higher Education Student Financial Assistance | $0 | ($502,750,000) | |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
| 03010 | Higher Education Federal | $0 | ($505,000,000) | |
| 03020 | Foundation/Othr Grants/Cntrcts | $0 | $1,500,000 | |
| 03170 | Student Financial Assistance | $0 | $750,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 08-14-2025 13:44:26
