Christopher Newport University (242)

Authority: Title 23, Chapter 5.3, 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. 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 § 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.

C. Out of this appropriation, $934,247 the first year and $934,247 the second year from the general fund is designated to support the institution’s approved six-year plan, consistent with the objectives of the Higher Education Opportunity Act of 2011.

D. Out of this appropriation, $122,539 the first year and $133,641 the second year from the general fund and $60,355 the first year and $65,824 the second year from nongeneral funds are designated to fund the Student Success Initiative.

E. Out of this appropriation, $118,581 the first year and $129,372 the second year from the general fund and $58,406 the first year and $63,720 the second year from nongeneral funds are designated to fund new STEM majors and degree programs.

F. Out of this appropriation, $1,618 from nongeneral funds in the first year can be utilized to reimburse the endowment account supporting the former Eminent Scholars Program.

G. Christopher Newport University shall reallocate two percent each year of its FY 2014 general fund appropriation for educational and general programs for strategies that serve to advance the objectives of the Higher Education Opportunity Act of 2011.  The amounts to be reallocated for this purpose are estimated at $489,594 the first year and $489,594 the second year.  These reallocations are in addition to previous reallocations implemented by the institution in the 2012-2014 biennium.  Specific programs and strategies for these reallocations shall be documented in the institution’s six-year plan.