The 2010 Acts of the Assembly, Chapter 874, directs the State Council of Higher Education for Virginia (SCHEV) to conduct a study on state financial aid. In support of this directive, SCHEV conducted a series of meetings with representatives from each public four-year college or university, Richard Bland College, and representatives from the…

The Commonwealth of Virginia, like the rest of the nation, has endured the effects of an historical economic recession for the past three years. While Virginia is perhaps no longer in recession, the still fragile economy is a major cause for concern. Shrinking tax revenues and the need to balance the state's budget led the 2010 General Assembly to…

In order to speed the national economic recovery, create and save jobs, and provide services to people affected by the recession, the 111th United States Congress enacted and President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA)--an economic stimulus package worth $787 billion--on February 17, 2009. Virginia…

Despite many accomplishments and a widely-praised system, there remain significant challenges to address in higher education in Virginia: (1) Although the state performs well in six-year graduation rates for bachelor degree programs, graduation rates at specific four-year institutions range from the very high end of the spectrum to the very low;…