                                 CODE OF VIRGINIA

VETERAN STUDENT TRANSITION GRANT FUND AND PROGRAM (§ 23.1-610.1)

A. There is hereby created in the state treasury a special nonreverting fund to
be known as the Veteran Student Transition Grant Fund, referred to in this
section as &#8220;the Fund.&#8221; The Fund shall be established on the books of
the Comptroller. All funds appropriated for such purpose and any gifts,
donations, grants, bequests, and other funds received on its behalf 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 providing grants through the Veteran
Student Transition Grant Program established pursuant to subsection B.
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. The Council shall establish the Veteran Student Transition Grant Program (the
Program) for the purpose of providing grants through the Veteran Student
Transition Grant Fund established in subsection A on a competitive basis to a
public institution of higher education, private institution of higher education
eligible to participate in the Tuition Assistance Grant Program pursuant to
&#xA7; 23.1-628, or group of such institutions that proposes a new and
innovative program or research project relating to improving the transition of
veteran students from military to higher education or from higher education to
the civilian workforce.

C. The Council shall administer the Program and shall establish such guidelines
and procedures as it deems necessary for the administration of the Program,
including guidelines and procedures for grant applications, awards, and
renewals.

HISTORY: 2020, c. 636; 2025, c. 144.