{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/23.1-637.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/23.1-637.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/23.1-637.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/23.1-637.html"}],"law_id":66875,"edition_id":1,"section_id":66875,"structure_id":16272,"section_number":"23.1-637","catch_line":"Virginia Guaranteed Assistance Fund","history":"1992, c. 879, \u00a7 23-38.53:5; 1994, c. 789; 2016, c. 588; 2025, c. 144.","full_text":"There is created in the state treasury a special nonreverting fund to be known as the Virginia Guaranteed Assistance Fund (the Fund). The Fund shall be established on the books of the Comptroller. All moneys as may be appropriated by the General Assembly and any gifts, donations, grants, bequests, or other moneys as may be received for the purposes of the Fund 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 paid to any public institution of higher education on behalf of students who have been awarded grants pursuant to the provisions of \u00a7 23.1-638. Any moneys remaining in the Fund shall be credited to the account of the Council. 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.","order_by":null,"text":{"0":{"id":242498,"text":"There is created in the state treasury a special nonreverting fund to be known as the Virginia Guaranteed Assistance Fund (the Fund). The Fund shall be established on the books of the Comptroller. All moneys as may be appropriated by the General Assembly and any gifts, donations, grants, bequests, or other moneys as may be received for the purposes of the Fund 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 paid to any public institution of higher education on behalf of students who have been awarded grants pursuant to the provisions of \u00a7 23.1-638. Any moneys remaining in the Fund shall be credited to the account of the Council. 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":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16272,"edition_id":1,"name":"Virginia Guaranteed Assistance Program and Fund","identifier":"6","label":"article","depth":4,"order_by":1,"parent_id":13397,"metadata":{},"date_created":"2026-06-26 04:11:49","date_modified":"2026-06-26 04:11:49","permalink":{"id":185203,"object_type":"structure","relational_id":16272,"identifier":"6","token":"23.1\/II\/6\/6","url":"\/23.1\/II\/6\/6\/","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":66690,"structure_id":16272,"section_number":"23.1-636","catch_line":"Virginia Guaranteed Assistance Program; Council to adopt regulations","url":"\/23.1-636\/","token":"23.1\/II\/6\/6\/23.1-636","metadata":false},{"id":66875,"structure_id":16272,"section_number":"23.1-637","catch_line":"Virginia Guaranteed Assistance Fund","url":"\/23.1-637\/","token":"23.1\/II\/6\/6\/23.1-637","metadata":false},{"id":65914,"structure_id":16272,"section_number":"23.1-638","catch_line":"Eligibility; amount of grants; renewals","url":"\/23.1-638\/","token":"23.1\/II\/6\/6\/23.1-638","metadata":false}],"previous_section":{"id":66690,"structure_id":16272,"section_number":"23.1-636","catch_line":"Virginia Guaranteed Assistance Program; Council to adopt regulations","url":"\/23.1-636\/","token":"23.1\/II\/6\/6\/23.1-636","metadata":false},"next_section":{"id":65914,"structure_id":16272,"section_number":"23.1-638","catch_line":"Eligibility; amount of grants; renewals","url":"\/23.1-638\/","token":"23.1\/II\/6\/6\/23.1-638","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/23.1-637\/","history_text":"

This law was first created in 1992. The record of its establishment is cataloged in chapter 879 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. Unfortunately, the 1992 \u201cActs\u201d aren\u2019t available online. 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 1994, chapter 789<\/a>; in 2016, chapter 588<\/a>; in 2025, chapter 144<\/a>.<\/p>","references":false,"refers_to":[{"id":65914,"section_number":"23.1-638","catch_line":"Eligibility; amount of grants; renewals","order_by":null,"url":"\/23.1-638\/"}],"permalink":{"id":185209,"object_type":"law","relational_id":66875,"identifier":"23.1-637","token":"23.1\/II\/6\/6\/23.1-637","url":"\/23.1-637\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/23.1-637\/","token":"23.1\/II\/6\/6\/23.1-637","dublin_core":{"Title":"Virginia Guaranteed Assistance Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 23.1-637","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

There is created in the state treasury a special nonreverting fund to be known as the Virginia Guaranteed Assistance Fund (the Fund). The Fund shall be established on the books of the Comptroller. All moneys as may be appropriated by the General Assembly and any gifts, donations, grants, bequests, or other moneys as may be received for the purposes of the Fund 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 paid to any public institution of higher education<\/span> on behalf of students who have been awarded grants pursuant to the provisions of \u00a7 23.1-638<\/a>. Any moneys remaining in the Fund shall be credited to the account of the Council<\/span>. 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<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nVIRGINIA GUARANTEED ASSISTANCE FUND (\u00a7 23.1-637)\n\nThere is created in the state treasury a special nonreverting fund to be known\nas the Virginia Guaranteed Assistance Fund (the Fund). The Fund shall be\nestablished on the books of the Comptroller. All moneys as may be appropriated\nby the General Assembly and any gifts, donations, grants, bequests, or other\nmoneys as may be received for the purposes of the Fund shall be paid into the\nstate treasury and credited to the Fund. Interest earned on moneys in the Fund\nshall remain in the Fund and be credited to it. Any moneys remaining in the\nFund, 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 paid to any public institution of higher education on behalf of\nstudents who have been awarded grants pursuant to the provisions of \u00a7 23.1-638.\nAny moneys remaining in the Fund shall be credited to the account of the\nCouncil. Expenditures and disbursements from the Fund shall be made by the State\nTreasurer on warrants issued by the Comptroller upon written request signed by\nthe Executive Director of the Council.\n\nHISTORY: 1992, c. 879, \u00a7 23-38.53:5; 1994, c. 789; 2016, c. 588; 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}}