financial strength

<p>obsessedparent,</p>

<p>This higher education budget information (just approved by the General Assembly) was in the Richmond Times-Dispatch this morning. Thought it may be of some interest to you.</p>

<p>“In higher education, which the Senate, in particular, was determined to shield from further cuts, the undergraduate financial-aid program for public colleges and universities was largely protected, but grants to Virginians attending the state’s private institutions would be cut $10 million.”</p>

<p>and…</p>

<p>"Higher education </p>

<p>•Preserves existing undergraduate financial-aid formula. </p>

<p>•Cuts $10 million over two years from a program that provides tuition aid to Virginians who attend the state’s private colleges and universities. </p>

<p>•Increases from $10 to $15 per credit hour the fee paid by out-of-state students to support construction at taxpayer-supported colleges and universities."</p>