Code of Virginia § 23.1-302. Public institutions of higher education; funding.
107 words·~1 min read·
/va/title-23-1/chapter-3/23-1-302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 .
2011, cc. 828 , 869 , § 23-38.87:12; 2016, c. 588 .