The Virginia State Council of Higher Education has voted to increase funding for the Tuition Assistance Grant program, which helps students keep up with the cost of private college tuition.
The program helps Virginia residents attend private, nonprofit colleges in the state. It currently allows approximately $2,600 per undergraduate student per year.
The State Council is recommending a $6.4 million increase for the 2013 fiscal year, and a $14.7 million increase the following year. That would put the maximum grant at $3,000.
Financial-aid officials say the boost is needed to keep pace with tuition increases and growth in enrollment.