virginia-community-college-system-board-meeting-agenda-september-23-2021_802.md
Board to Approve $2.6M Transfer to VFCCE
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Description
The State Board for Community Colleges is asked to approve transferring $2,600,050 from the VA529 access and affordability program to the Virginia Foundation for Community College Education over an initial three-year period. The funds will support mentoring and coaching in the Rural Virginia Horseshoe and Great Expectations programs under a VA529 grant administered by VCCS.
Contract Details
Contract Amount
$2,600,050
Vendor
VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION
Agency
Virginias Community Collages, VA
Contract Type
FINANCIAL_SERVICES
Document Date
September 23, 2021
Contract Term
Initial three-year grant period; periodic installments over life of grant
Renewal Info
One-time VA529 grant-funded transfer to VFCCE, distributed in periodic installments over the life of the grant; no ongoing renewal terms described.
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