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Current as of January 01, 2025 | Updated by FindLaw Staff
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 § 23.1-303;
2. Each Virginia undergraduate student actually enrolled at the institution, as provided in § 23.1-304;
3. Need-based financial aid, as provided in § 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 § 23.1-305.
Cite this article: FindLaw.com - Virginia Code Title 23.1. Institutions of Higher Education; Other Educational and Cultural Institutions § 23.1-302. Public institutions of higher education; funding - last updated January 01, 2025 | https://codes.findlaw.com/va/title-23-1-institutions-of-higher-education-other-educational-and-cultural-institutions/va-code-sect-23-1-302/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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