State Council of Higher Education for Virginia (245)
| Request Title | Increase funding for the New Economy Workforce Credential Grant Program |
| Biennium | 2026-2028 |
| Budget Round | Initial Bill |
| Category | Increase effectiveness and efficiency of operations |
| Region | Multiple Regions |
Description
|
Provides additional nongeneral fund appropriation in 2027 in support of a transfer to this program from Virginia Community College System balances and additional general fund appropriation for the New Economy Workforce Credential Grant Program in 2028. |
Funding Summary
| Object Type | FY 2026 | FY 2027 | |
| General Fund Dollars | $0 | $13,600,000 | |
| Nongeneral Fund Dollars | $13,600,000 | $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 2026 | FY 2027 |
| 108 | Higher Education Student Financial Assistance | $13,600,000 | $13,600,000 | |
| By Fund | Fund Code | Fund Title | FY 2026 | FY 2027 |
| 01000 | General Fund | $0 | $13,600,000 | |
| 09093 | Neweconomywrkfrccrdntlgrntfnd | $13,600,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2026 | FY 2027 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 08-21-2026 00:00:54
