State Council of Higher Education for Virginia (245)
| Request Title | SCHEV - Financial Assistance Program Adjustments (130 #1c) |
| Biennium | 2024-2026 |
| Budget Round | Amended Bill |
| Half Sheet Number | 130 #1c |
Description
|
This amendment makes technical adjustments to assistance programs coordinated by SCHEV. Funding included in this item supports maintaining the Virginia Tuition Assistance Grant at levels authorized in Chapter 2 and increased enrollment in the workforce credential grant program. It adjusts proposed funding and sources for tuition waivers from the introduced budget and reserves surplus funds in the second year for waiver programs in a companion amendment (Item 470#1c) while making no changes to waiver program eligibility. |
Funding Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
| 108 | Higher Education Student Financial Assistance | ($33,200,000) | ($55,000,000) | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | $11,800,000 | $5,000,000 | |
| 02245 | Schev Special Revenue Fund | ($45,000,000) | ($60,000,000) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-21-2025 08:27:06
