"This fall, qualifying first- and second-year Virginians from families with income of less than $125,000 who do not receive grants or scholarships from other sources will be eligible to receive a $2,000 Cornerstone Grant, while similarly qualifying third-year students will be eligible to receive a $1,000 grant.
In future years, qualifying new and continuing in-state students with family incomes of less than $125,000 will be eligible for the new grant."