State Council of Higher Education for Virginia (245)
| Request Title | Increase funding for Virginia Tuition Assistance Grant |
| Biennium | 2022-2024 |
| Budget Round | Initial Bill |
| Category | Other spending or initiatives |
| Region | Multiple Regions |
Description
|
Provides funding to increase the maximum annual undergraduate TAG award to $4,500 in the first year and $5,000 in the second year in order to support Virginia's degree completion goals. |
Funding Summary
| Object Type | FY 2022 | FY 2023 | |
| General Fund Dollars | $5,965,017 | $15,477,578 | |
| 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 2022 | FY 2023 |
| 108 | Higher Education Student Financial Assistance | $5,965,017 | $15,477,578 | |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
| 01000 | General Fund | $5,965,017 | $15,477,578 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 15:08:08
