Virginia § 23.1-302 Public institutions of higher education; funding

Virginia Statutes

§ 23.1-302 — Public institutions of higher education; funding

Virginia § 23.1-302

Title 23.1INSTITUTIONS OF HIGHER EDUCATION; OTHER EDUCATIONAL AND CULTURAL INSTITUTIONS

Subtitle IGENERAL PROVISIONS

Ch. 3THE VIRGINIA HIGHER EDUCATION OPPORTUNITY ACT OF 2011

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Bluebook

Va. Code Ann. § 23.1-302 (2026).

Text

Each public institution of higher education shall receive funds from the state general fund or sources other than the state general fund, or both, for each fiscal year of each biennium for:

1.Basic operations and instruction, as provided in § 23.1-303;

2.Each Virginia undergraduate student actually enrolled at the institution, as provided in § 23.1-304;

3.Need-based financial aid, as provided in § 23.1-306; and

4.Support for targeted financial incentives that encourage and reward progress toward the policy objectives specified in this chapter, as provided in § 23.1-305.

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Each public institution of higher education shall receive funds from the state general fund or sources other than the state general fund, or both, for each fiscal year of each biennium for:

1. Basic operations and instruction, as provided in § 23.1-303;

2. Each Virginia undergraduate student actually enrolled at the institution, as provided in § 23.1-304;

3. Need-based financial aid, as provided in § 23.1-306; and

4. Support for targeted financial incentives that encourage and reward progress toward the policy objectives specified in this chapter, as provided in § 23.1-305.