Virginia Nonresident Higher Education Grants Program. Establishes the Virginia Nonresident Higher Education Grants Program for financially needy undergraduate students who are not Virginia residents and who are enrolled or accepted for enrollment in degree-granting programs at public four-year institutions of higher education in Virginia. The Program is administered by the State Council of Higher Education for Virginia (SCHEV) and is supported by a nonreverting Virginia Nonresident Higher Education Grants Fund, held by the State Treasurer. Awarded on an annual basis and ranging from $500 to $1,500, these grants defray tuition, fees, room and board, and other educational expenses. The first awards are to be made after July 1, 1995. Students receiving these grants must make satisfactory academic progress, continue to meet financial need criteria, and maintain continuous enrollment, subject to exceptions granted by SCHEV. Students are deemed financially needy if their economic circumstances impose a barrier to the pursuit of postsecondary education; grant amounts shall be determined by SCHEV using a needs analysis methodology.
According to SCHEV, approximately 32 percent of out-of-state students receive need-based financial aid.Full text:
01/25/94 House: Presented and ordered printed pdf
01/25/94 House: Presented and ordered printed
01/25/94 House: Referred to Committee on Appropriations
02/11/94 House: Continued to 1995 in Appropriations (22-Y 0-N)
12/19/94 House: No action taken by Appropriations by voice vote