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Posts Tagged ‘Council’

One of the duties of the Council of Higher Education is to make budget recommendations to the Governor and General Assembly. Given the current economic situation, the Council chose to make its higher education budget recommendations in a different manner this year. 

 

At its October 21 meeting, the Council approved a resolution that focuses on short-term strategies to help students and institutions to respond to Virginia’s economic situation. Council recommendations included:

 

1. Setting financial aid as the highest priority for any additional funding. This includes aid for both undergraduate and graduate students, as well as Virginia residents attending the Commonwealth’s nonprofit, private institutions.

 

2. Giving the institutions the flexibility needed to increase tuition appropriately to help offset any necessary general fund budget reductions—provided that institutions be required to dedicate 5-30% of such tuition increases to need-based financial aid for in-state students.

 

For more information about the Council’s recommendations, visit our web site.

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