Virginia students attending private colleges and universities will get a bit more tuition assistance from the state next year.
More than $55.9 million has been budgeted for the Tuition Assistance Grant Program, which will mean undergraduates attending nonprofit, accredited private schools in Virginia are eligible to receive $2,650 grants for the 2011-12 academic year.
That’s a $50 increase from this year’s award but falls short of the $2,700 recommended by the State Council of Higher Education for Virginia in October.
Still it was relatively good news for the presidents of private schools, who met with SCHEV during its two-day meeting this week at Randolph-Macon College in Ashland. The grants, which were $3,000 in fiscal 2010, could have fallen to $2,500 without an infusion of more state funds.
“Obviously TAG is the vehicle we use to stay in the game,” Robert B. Lambeth, president of Council of Independent Colleges in Virginia, said of the grants’ importance in recruiting students.
The TAG award depends on projected enrollment and the amount appropriated by the General Assembly, which increased funding by $2.5 million this session.
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