Standing at the iconic Pylons at the Drillfield on Virginia Tech’s campus, Virginia Gov. Ralph Northam announced Thursday that he planned to propose an additional $111 million in need-based financial aid for Virginia students when the General Assembly convenes in a special session on Aug. 2.
Approximately $100 million from Northam’s proposal would be distributed to public institutions through the State Council of Higher Education for Virginia and the remaining $11 million to private institutions through the Virginia Tuition Assistance Grant. This money would be in addition to the $833 million that Virginia colleges and universities already have received in federal funds from the American Rescue Plan’s Higher Education Emergency Relief Fund III.