Longwood University (214)
Authority: Title 23, Chapter 15, Code of Virginia. A. This Item includes general and nongeneral fund appropriations to support institutional initiatives that help meet statewide goals described in the Restructured Higher Education Financial and Administrative Operations Act of 2005 (Chapters 933 and 945, 2005 Acts of Assembly). B. Out of this appropriation, $999,000 the first year from the general fund and $70,925 the first year from nongeneral funds is provided to assist with the final annual payment for the purchase and installation of the university’s administrative information system. C. As Virginia's public colleges and universities approach full funding of the base adequacy guidelines and as the General Assembly strives to fully fund the general fund share of the base adequacy guidelines, these funds are provided with the intent that, in exercising their authority to set tuition and fees, the Board of Visitors shall take into consideration the impact of escalating college costs for Virginia students and families. In accordance with the cost-sharing goals set forth in Section 4-2.01 b. of this Act, the Board of Visitors is encouraged to limit increases on tuition and mandatory educational and general fees for in-state, undergraduate students to the extent possible. D. Out of this appropriation, $185,673 and one position from the general fund and $55,000 from nongeneral funds the first year, and $289,991 and three positions from the general fund, and $195,400 and two positions the second year to continue the implementation of the Bachelor of Science in nursing program. E. Out of this appropriation, F.1. Out of this appropriation, $885,800 the second year from the general fund is designated to support science, technology, engineering and mathematics (STEM), and health-related programs. 2. In fiscal year 2012, Longwood University may use these funds to create simulation, teaching, and health assessment areas in Stevens Hall to support the Bachelor of Nursing program. These improvements shall be exempt from the capital outlay review and approval process and shall be considered an operating expense. 3. Longwood University shall utilize these funds to develop, deliver, and expand science, technology, engineering and mathematics (STEM), and health-related programs, to include space upgrades, in the ensuing years. G. Out of this appropriation, $472,499 the second year from the general fund is designated to support operations and maintenance of new buildings which support the goals of the Governor's Higher Education Commission of access, affordability, quality and increased degrees. |