Virginia Code 23.1-623: Two-Year College Transfer Grant Program; Council regulations.
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A. The Two-Year College Transfer Grant Program is created to provide financial assistance to eligible students, beginning with the first-time entering freshman class of the fall 2007 academic year, for the costs of attending an eligible institution. Funds may be paid to any eligible institution on behalf of students who have been awarded financial assistance pursuant to § 23.1-624.
Terms Used In Virginia Code 23.1-623
- Council: means the State Council of Higher Education for Virginia. See Virginia Code 23.1-100
- Eligible institution: means a baccalaureate public institution of higher education or baccalaureate nonprofit private institution of higher education whose primary purpose is to provide undergraduate collegiate education and not to provide religious training or theological education. See Virginia Code 23.1-622
- Grant: means the amount of financial assistance awarded under this article whether disbursed by warrant directly to an eligible institution or directly to a Virginia student. See Virginia Code 23.1-622
- Program: means the Two-Year College Transfer Grant Program. See Virginia Code 23.1-622
B. The Council shall adopt regulations for the implementation of the provisions of this article and the disbursement of funds consistent with the provisions of this article that are appropriate to the administration of the Program.