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Decision Package
State Council of Higher Education for Virginia (245)
Request Title Increase funding for the New Economy Workforce Credential Grant Program
Biennium 2018-2020
Budget Round Initial Bill
Category Other spending or initiatives
Region Multiple Regions
Description

Increases funding to the New Economy Workforce Credential tuition assistance program to address the high demand of students wishing to participate in the program. During FY 2017, the program served 5,050 students, with over 90 percent completing the academic portion of the program.

Funding Summary
Object Type FY 2018 FY 2019  
General Fund Dollars $2,000,000 $2,000,000  
Nongeneral Fund Dollars $0 $0  
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 2018 FY 2019
  108 Higher Education Student Financial Assistance $2,000,000 $2,000,000
By Fund Fund Code Fund Title FY 2018 FY 2019
  01000 General Fund $2,000,000 $2,000,000
Authorized Position Details
By Program Program Code Program Title FY 2018 FY 2019


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-02-2025 04:45:44