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_ 230 Item Details($) Appropriations($) ITEM 130. First Year Second Year First Year Second Year FY2025 FY2026 FY2025 FY2026 from SCHEV, private institutions which participate in this program may develop and distribute the Tuition Assistance Grant application form for electronic administration. 3. Institutions participating in this program must submit annually to the council copies of audited financial statements. 4. To be eligible for a fall or full-year award out of this appropriation, a student's application must have been received by a participating independent college or by the State Council of Higher Education by September 15. Returning students who received the award in the previous year will be prioritized. Applications for a fall or full-year award received after September 15 but no later than October 1 will be held for consideration if funds are available and returning student awards have been made. Applications for spring semester only awards must be received by December 1 and will be considered only if funds remain available. 5. No limitations shall be placed on the award of Tuition Assistance Grants other than those set forth herein or in the Code of Virginia. 6. All eligible institutions not previously approved by the State Council of Higher Education to participate in the Tuition Assistance Grant Program shall have received accreditation by a nationally recognized regional accrediting agency, prior to participation in the program or by the Commission on Osteopathic College Accreditation of the American Osteopathic Association in the case of freestanding institutions of higher education that offer the Doctor of Osteopathic Medicine as the sole degree program. 7. Payments to undergraduate students shall be greater than payments to graduate and medical students and shall be based on a differential established by the State Council of Higher Education for Virginia. 8. No awards shall be provided to graduate students except in health-related professional programs to include allied health, nursing, pharmacy, medicine, and osteopathic medicine. 9. Notwithstanding any other provisions of law, Eastern Virginia Medical School is not eligible to participate in the Tuition Assistance Grant Program. 10. Any general fund appropriation in the Tuition Assistance Grant Program which is unexpended at the close of business June 30 of any fiscal year shall be reappropriated for use in the program in the following year. 11. a. New incoming students enrolled exclusively in an online education or distance learning program are eligible to receive awards up to $2,560 the first year and $2,625 the second year from the Tuition Assistance Grant Program. However, existing students enrolled exclusively in online education or distance learning programs as of the 2019-20 academic year shall remain eligible to receive awards of up to the 2019-2020 award amounts for as long as the student maintains enrollment in each successive fiscal year, unless granted an exception for cause by SCHEV, until current degree completion or current degree program eligibility limits have otherwise expired, whichever comes first. b. It is the intent of the General Assembly that awards under this paragraph related to new incoming students shall be calculated and granted at 50 percent of the undergraduate residential level. 12. All students eligible and receiving an award under this program enrolled into a TAG- eligible private not-for-profit Virginia Historically Black College and University (HBCU) accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) shall receive an additional award of up to $7,500 the first year and up to $7,500 the second year. 13. Out of this appropriation, $1,800,000 the first year from the general fund is designated for an additional award up to $2,000 for all students eligible and receiving an award under this program and enrolled into a TAG-eligible private not-for-profit Virginia institution, designated by the U.S. Department of Education as a Hispanic-Serving Institution (HSI), and accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). D.1. Regional Grants and Contracts: Out of this appropriation, $170,000 the first year and