Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2008

Governor's Budget Recommendation FY2008

Board of Higher Education




BOARD OF HIGHER EDUCATION
Board of Higher Education
FISCAL YEAR 2008 RESOURCE SUMMARY ($000)
DEPARTMENT FY 2008
Budgetary
Recommendations
FY 2008
Federal, Trust,
and ISF
FY 2008
Total
Spending
FY 2008
Budgetary
Non-Tax Revenue
Board of Higher Education 112,262 27,668 139,930 350
TOTAL 112,262 27,668 139,930 350

account description amount
BOARD OF HIGHER EDUCATION 139,929,786
Budgetary Direct Appropriations 112,262,118
7066-0000 Board of Higher Education 2,439,343
7066-0005 Compact for Education 124,000
7066-0009 New England Board of Higher Education 350,000
7066-0015 Workforce Development Grants to Community Colleges 2,029,433
7066-0016 Foster Care Financial Aid 1,300,000
7066-0100 National Guard Fee Waivers 4,424,492
7066-0123 School-to-College Initiative 200,000
7070-0031 McNair Financial Assistance Program 1,965,638
7070-0065 Massachusetts State Scholarship Program 89,871,748
7077-0023 Tufts School of Veterinary Medicine Program 4,475,000
7520-0424 Health and Welfare Reserve for Higher Education Personnel 5,082,464

account description amount
Federal Grant Spending 5,866,341
7066-1574 Improving Teacher Quality Grants 1,369,588
7066-6033 Gaining Early Awareness and Readiness for Undergraduate Programs II 3,500,000
7070-0017 Leveraging Educational Assistance 966,753
7070-0018 Paul Douglas Teacher Scholarship 30,000

account description amount
Trust and Other Spending 21,801,327
7066-0109 Math, Science, Technology and Engineering Grant Fund 1,655,432
7066-0612 Optional Retirement Overhead 820,322
7066-1011 Optional Retirement 10,546,691
7066-1081 Board of Higher Education Scholar-Internship Match Fund 1,750,000
7066-6004 Veterans Education Trust Fund 250,000
7066-6008 Regents' Licensing Fees Trust Account 43,941
7066-6010 Agnes M. Lindsay Trust 34,941
7066-6011 Educational Opportunity Trust Fund 100,000
7066-6666 Gear Up Scholarship Trust 500,000
7070-7000 State Scholarship No Interest Loan 100,000
7070-7002 No Interest Loan Repayment Administration 6,000,000