                                 CODE OF VIRGINIA

PUBLIC INSTITUTIONS OF HIGHER EDUCATION; FUNDING (§ 23.1-302)

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 &#xA7; 23.1-303;

2. Each Virginia undergraduate student actually enrolled at the institution, as
provided in &#xA7; 23.1-304;

3. Need-based financial aid, as provided in &#xA7; 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 &#xA7;
23.1-305.

HISTORY: 2011, cc. 828, 869, § 23-38.87:12; 2016, c. 588.