§ 23-38.53:16. Advantage Virginia Incentive Program created; purpose
A. From such funds as may be appropriated for such purpose, and from such gifts, donations, grants, bequests, and other funds as may be received on its behalf, there is hereby created the Advantage Virginia Incentive Program (AVIP) to provide scholarships to students attending eligible institutions who fill jobs that are in high demand in the Commonwealth. Moneys may be paid to eligible institutions on behalf of students who have been awarded AVIP scholarships and who are or will be attending such institutions.
B. By September 1 of each year the Council shall designate (i) jobs that are in high demand in the Commonwealth as qualified jobs for the purpose of AVIP; (ii) professions and skill areas directly related to qualified jobs; (iii) the geographical concentration of qualified jobs; and (iv) eligible degree programs that shall be two-year or four-year degree programs, offered by eligible institutions, and that directly lead to employment in qualified jobs. In making such designations, the Council shall (i) consult with the State Council of Higher Education, the Secretaries of Commerce and Trade, Education, and Technology, and any interested representatives from private sector businesses, labor organizations, trade associations, and individuals, public agencies, or private companies with expertise related to labor markets or geographic and demographic analysis and (ii) seek to ensure that the diverse needs of the Commonwealth are considered and that such designations reflect Virginia's broad, long-term economic, educational, and public policy interests in both the public and private sectors.
C. Subject to the Administrative Process Act (§ 2.2-4000 et seq.), the Council shall promulgate regulations and procedures which are necessary, convenient, or desirable in administering AVIP as provided in this chapter.
(2000, c. 765; 2001, c. 765; 2004, c. 872.)
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