Performance Measure
Agency
Measure Name
Amount of annual allocation of state funds for student financial aid.
Measure Last Modified
Jun 15 2017 08:50
Measure Last Published
Jun 29 2017 03:58
Measure Status
Active
Data Source and Calculation
Student financial aid funds are allocated in the state budget as items within the SCHEV budget; SCHEV offers recommendations annually to the Governor and the General Assembly on projected student need and aid-program funding statewide. This measure reflects the sum of the student-aid programs designated in Chapter 836 as Scholarships (Program 10810), namely the Tuition Assistance Grant (TAG) Program, the Space Grant Scholarship Program, the Two-year Transfer Grant Program, the New Economy Workforce Credential Program, the Military Survivors Program and the Virginia Women's Institute for Leadership (VWIL) Program.
Enterprise Priorities and Strategies
Enterprise InitiativeEnterprise PriorityEnterprise Strategy
EducationHigher Education Access and AffordabilityContinue to strengthen Virginia’s system of community colleges and four-year institutions and promote greater access and affordability for all Virginians.
Associated Service Areas
SA CodeSA Name
10810Scholarships
Measure ID24510810.001.001
Measure ClassAgency Key
Measure TypeOutcome
Year TypeState FY
Preferred TrendStable
FrequencyAnnually
Statistical UnitDollars
Baseline and Targets
Target NameDateResultNote
Baseline
Short Target 201806/30/201877097665
Long Target 202006/30/202077097665
Measure Results
YearResultExplanatory Note
201366,385,632.00
201469,315,564.00
201569,522,665.00
201676,027,665.00For FY2016, the Governor and the General Assembly committed significant additional public resources to higher education, particularly to student financial aid.
2017
- Run Date: 10/22/2017 05:09:40