{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/23.1-627.3.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/23.1-627.3.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/23.1-627.3.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/23.1-627.3.html"}],"law_id":72492,"edition_id":1,"section_id":72492,"structure_id":15565,"section_number":"23.1-627.3","catch_line":"New Economy Workforce Credential Grant Fund and Program established; administration","history":"2016, cc. 326, 470; 2019, c. 578; 2024, c. 507; 2025, c. 144.","full_text":"A\n\nThere is hereby created in the state treasury a special nonreverting fund to be known as the New Economy Workforce Credential Grant Fund. The Fund shall be established on the books of the Comptroller. All moneys appropriated by the General Assembly, and from any other sources, public or private, shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes of disbursing moneys to eligible institutions for the award of grants pursuant to the Program. Expenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Executive Director of the Council.B\n\nThere is hereby established a New Economy Workforce Credential Grant Program for the purpose of disbursing moneys from the Fund to eligible institutions for the award of grants to benefit students pursuant to this article.C\n\nThe Council shall administer the Program and shall carry out the goals and purposes of the Program set forth in this article. In administering the Program, the Council (i) shall require eligible institutions to provide student-specific data and make final decisions on any dispute between eligible institutions and grant recipients; (ii) shall undertake periodic assessments of the overall success of the Program and recommend modifications, interventions, and other actions based on such assessment; and (iii) may adopt such regulations for the administration of the Program as it deems necessary and appropriate.D\n\nThe Council shall instruct the Comptroller to annually disburse moneys to eligible institutions on a first-come, first-served basis as eligible students enroll in noncredit workforce training programs, giving priority to noncredit workforce training programs in high-demand fields in which employer demand is currently unmet by the available workforce. No more than one-quarter of the moneys in the Fund shall be disbursed annually to any eligible institution. The Council shall set forth the procedure by which eligible institutions shall notify the Council when eligible students enroll in noncredit workforce training programs identified by the governing board of the eligible institution pursuant to subsection E.E\n\nThe Office of Education and Labor Market Alignment, in consultation with the Virginia Board of Workforce Development, shall establish the high-demand fields for which noncredit workforce training programs may be offered pursuant to the Program. The governing board of each eligible institution shall determine the noncredit workforce training programs offered pursuant to the Program.","order_by":null,"text":{"0":{"id":261066,"text":"There is hereby created in the state treasury a special nonreverting fund to be known as the New Economy Workforce Credential Grant Fund. The Fund shall be established on the books of the Comptroller. All moneys appropriated by the General Assembly, and from any other sources, public or private, shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes of disbursing moneys to eligible institutions for the award of grants pursuant to the Program. Expenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Executive Director of the Council.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":261067,"text":"There is hereby established a New Economy Workforce Credential Grant Program for the purpose of disbursing moneys from the Fund to eligible institutions for the award of grants to benefit students pursuant to this article.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":261068,"text":"The Council shall administer the Program and shall carry out the goals and purposes of the Program set forth in this article. In administering the Program, the Council (i) shall require eligible institutions to provide student-specific data and make final decisions on any dispute between eligible institutions and grant recipients; (ii) shall undertake periodic assessments of the overall success of the Program and recommend modifications, interventions, and other actions based on such assessment; and (iii) may adopt such regulations for the administration of the Program as it deems necessary and appropriate.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":261069,"text":"The Council shall instruct the Comptroller to annually disburse moneys to eligible institutions on a first-come, first-served basis as eligible students enroll in noncredit workforce training programs, giving priority to noncredit workforce training programs in high-demand fields in which employer demand is currently unmet by the available workforce. No more than one-quarter of the moneys in the Fund shall be disbursed annually to any eligible institution. The Council shall set forth the procedure by which eligible institutions shall notify the Council when eligible students enroll in noncredit workforce training programs identified by the governing board of the eligible institution pursuant to subsection E.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"4":{"id":261070,"text":"The Office of Education and Labor Market Alignment, in consultation with the Virginia Board of Workforce Development, shall establish the high-demand fields for which noncredit workforce training programs may be offered pursuant to the Program. The governing board of each eligible institution shall determine the noncredit workforce training programs offered pursuant to the Program.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D"}},"ancestry":[{"id":15565,"edition_id":1,"name":"New Economy Workforce Credential Grant Program","identifier":"4.1","label":"article","depth":4,"order_by":1,"parent_id":13397,"metadata":{},"date_created":"2026-06-26 03:56:22","date_modified":"2026-06-26 03:56:22","permalink":{"id":185139,"object_type":"structure","relational_id":15565,"identifier":"4.1","token":"23.1\/II\/6\/4.1","url":"\/23.1\/II\/6\/4.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13397,"edition_id":1,"name":"Financial Assistance","identifier":"6","label":"chapter","depth":3,"order_by":1,"parent_id":13112,"metadata":{},"date_created":"2026-06-26 03:44:48","date_modified":"2026-06-26 03:44:48","permalink":{"id":184997,"object_type":"structure","relational_id":13397,"identifier":"6","token":"23.1\/II\/6","url":"\/23.1\/II\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13112,"edition_id":1,"name":"Students and Campus","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":13111,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":184847,"object_type":"structure","relational_id":13112,"identifier":"II","token":"23.1\/II","url":"\/23.1\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13111,"edition_id":1,"name":"Institutions of Higher Education; Other Educational and Cultural Institutions","identifier":"23.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:18","date_modified":"2026-06-26 03:44:18","permalink":{"id":184581,"object_type":"structure","relational_id":13111,"identifier":"23.1","token":"23.1","url":"\/23.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":69495,"structure_id":15565,"section_number":"23.1-627.1","catch_line":"Definitions","url":"\/23.1-627.1\/","token":"23.1\/II\/6\/4.1\/23.1-627.1","metadata":false},{"id":80641,"structure_id":15565,"section_number":"23.1-627.2","catch_line":"New Economy Workforce Credential Grant Program; purpose","url":"\/23.1-627.2\/","token":"23.1\/II\/6\/4.1\/23.1-627.2","metadata":false},{"id":72492,"structure_id":15565,"section_number":"23.1-627.3","catch_line":"New Economy Workforce Credential Grant Fund and Program established; administration","url":"\/23.1-627.3\/","token":"23.1\/II\/6\/4.1\/23.1-627.3","metadata":false},{"id":66682,"structure_id":15565,"section_number":"23.1-627.4","catch_line":"Student grants","url":"\/23.1-627.4\/","token":"23.1\/II\/6\/4.1\/23.1-627.4","metadata":false},{"id":83755,"structure_id":15565,"section_number":"23.1-627.5","catch_line":"Board of Workforce Development to keep a list of high-demand fields and related noncredit workforce training programs and credentials","url":"\/23.1-627.5\/","token":"23.1\/II\/6\/4.1\/23.1-627.5","metadata":false},{"id":75785,"structure_id":15565,"section_number":"23.1-627.6","catch_line":"Eligible institutions; academic credit; noncredit workforce credentials","url":"\/23.1-627.6\/","token":"23.1\/II\/6\/4.1\/23.1-627.6","metadata":false},{"id":59374,"structure_id":15565,"section_number":"23.1-627.7","catch_line":"Eligible institutions and the Council; reporting","url":"\/23.1-627.7\/","token":"23.1\/II\/6\/4.1\/23.1-627.7","metadata":false}],"previous_section":{"id":80641,"structure_id":15565,"section_number":"23.1-627.2","catch_line":"New Economy Workforce Credential Grant Program; purpose","url":"\/23.1-627.2\/","token":"23.1\/II\/6\/4.1\/23.1-627.2","metadata":false},"next_section":{"id":66682,"structure_id":15565,"section_number":"23.1-627.4","catch_line":"Student grants","url":"\/23.1-627.4\/","token":"23.1\/II\/6\/4.1\/23.1-627.4","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-627.3\/","history_text":"

This law was first created in 2016. The record of its establishment is cataloged in chapters 326<\/a> and 470<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2019, chapter 578<\/a>; in 2024, chapter 507<\/a>; in 2025, chapter 144<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":185149,"object_type":"law","relational_id":72492,"identifier":"23.1-627.3","token":"23.1\/II\/6\/4.1\/23.1-627.3","url":"\/23.1-627.3\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/23.1-627.3\/","token":"23.1\/II\/6\/4.1\/23.1-627.3","dublin_core":{"Title":"New Economy Workforce Credential Grant Fund and Program established; administration","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-627.3","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> There is hereby created in the state treasury a special nonreverting fund<\/span> to be known as the New Economy Workforce Credential Grant<\/span> Fund<\/span>. The Fund<\/span> shall be established on the books of the Comptroller. All moneys appropriated by the General Assembly, and from any other sources, public or private, shall be paid into the state treasury and credited to the Fund<\/span>. Interest earned on moneys in the Fund<\/span> shall remain in the Fund<\/span> and be credited to it. Any moneys remaining in the Fund<\/span>, including interest thereon, at the end of each fiscal year shall not revert to the general fund<\/span> but shall remain in the Fund<\/span>. Moneys in the Fund<\/span> shall be used solely for the purposes of disbursing moneys to eligible institutions<\/span> for the award of grants<\/span> pursuant to the Program<\/span>. Expenditures and disbursements from the Fund<\/span> shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Executive Director of the Council<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> There is hereby established a New Economy Workforce Credential Grant<\/span> Program<\/span> for the purpose of disbursing moneys from the Fund<\/span> to eligible institutions<\/span> for the award of grants<\/span> to benefit students pursuant to this article. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The Council<\/span> shall administer the Program<\/span> and shall carry out the goals and purposes of the Program<\/span> set forth in this article. In administering the Program<\/span>, the Council<\/span> (i) shall require eligible institutions<\/span> to provide student-specific data and make final decisions on any dispute between eligible institutions<\/span> and grant<\/span> recipients; (ii) shall undertake periodic assessments of the overall success of the Program<\/span> and recommend modifications, interventions, and other actions based on such assessment; and (iii) may adopt such regulations for the administration of the Program<\/span> as it deems necessary and appropriate. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> The Council<\/span> shall instruct the Comptroller to annually disburse moneys to eligible institutions<\/span> on a first-come, first-served basis as eligible students<\/span> enroll in noncredit workforce training programs<\/span>, giving priority to noncredit workforce training programs<\/span> in high-demand fields<\/span> in which employer demand is currently unmet by the available workforce. No more than one-quarter of the moneys in the Fund<\/span> shall be disbursed annually to any eligible institution<\/span>. The Council<\/span> shall set forth the procedure by which eligible institutions<\/span> shall notify the Council<\/span> when eligible students<\/span> enroll in noncredit workforce training programs<\/span> identified by the governing board<\/span> of the eligible institution<\/span> pursuant to subsection E. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> The Office of Education and Labor Market Alignment, in consultation with the Virginia Board of Workforce Development, shall establish the high-demand fields<\/span> for which noncredit workforce training programs<\/span> may be offered pursuant to the Program<\/span>. The governing board<\/span> of each eligible institution<\/span> shall determine the noncredit workforce training programs<\/span> offered pursuant to the Program<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nNEW ECONOMY WORKFORCE CREDENTIAL GRANT FUND AND PROGRAM ESTABLISHED;\nADMINISTRATION (\u00a7 23.1-627.3)\n\nA. There is hereby created in the state treasury a special nonreverting fund to\nbe known as the New Economy Workforce Credential Grant Fund. The Fund shall be\nestablished on the books of the Comptroller. All moneys appropriated by the\nGeneral Assembly, and from any other sources, public or private, shall be paid\ninto the state treasury and credited to the Fund. Interest earned on moneys in\nthe Fund shall remain in the Fund and be credited to it. Any moneys remaining in\nthe Fund, including interest thereon, at the end of each fiscal year shall not\nrevert to the general fund but shall remain in the Fund. Moneys in the Fund\nshall be used solely for the purposes of disbursing moneys to eligible\ninstitutions for the award of grants pursuant to the Program. Expenditures and\ndisbursements from the Fund shall be made by the State Treasurer on warrants\nissued by the Comptroller upon written request signed by the Executive Director\nof the Council.\n\nB. There is hereby established a New Economy Workforce Credential Grant Program\nfor the purpose of disbursing moneys from the Fund to eligible institutions for\nthe award of grants to benefit students pursuant to this article.\n\nC. The Council shall administer the Program and shall carry out the goals and\npurposes of the Program set forth in this article. In administering the Program,\nthe Council (i) shall require eligible institutions to provide student-specific\ndata and make final decisions on any dispute between eligible institutions and\ngrant recipients; (ii) shall undertake periodic assessments of the overall\nsuccess of the Program and recommend modifications, interventions, and other\nactions based on such assessment; and (iii) may adopt such regulations for the\nadministration of the Program as it deems necessary and appropriate.\n\nD. The Council shall instruct the Comptroller to annually disburse moneys to\neligible institutions on a first-come, first-served basis as eligible students\nenroll in noncredit workforce training programs, giving priority to noncredit\nworkforce training programs in high-demand fields in which employer demand is\ncurrently unmet by the available workforce. No more than one-quarter of the\nmoneys in the Fund shall be disbursed annually to any eligible institution. The\nCouncil shall set forth the procedure by which eligible institutions shall\nnotify the Council when eligible students enroll in noncredit workforce training\nprograms identified by the governing board of the eligible institution pursuant\nto subsection E.\n\nE. The Office of Education and Labor Market Alignment, in consultation with the\nVirginia Board of Workforce Development, shall establish the high-demand fields\nfor which noncredit workforce training programs may be offered pursuant to the\nProgram. The governing board of each eligible institution shall determine the\nnoncredit workforce training programs offered pursuant to the Program.\n\nHISTORY: 2016, cc. 326, 470; 2019, c. 578; 2024, c. 507; 2025, c. 144.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}