• Date Due: November 01, 2020
  • Author: State Council of Higher Education for Virginia
  • Enabling Authority: Appropriation Act - Item 152 O.3. (Regular Session, 2020)
  • Description:
    Report on current state financial aid awarding policies and recommendations to: (1) appropriately prioritize and address affordability for low- and middle-income students; (2) increase program efficiency and effectiveness in meeting state goals that align with The Virginia Plan; and (3) simplify communication and improve student understanding of eligibility criteria. The report shall also: (1) assess financial aid by income level and the utilization and reporting of tuition revenue used for financial aid and unfunded scholarships; and (2) consider the pros and cons of authorizing remittance of tuition and fees for merit scholarships for students of high academic achievement.