SJR264 is a resolution introduced to designate the week of July 13, 2025, and the third week of July in each succeeding year, as 'Virginia Private College Week.' This initiative aims to recognize the significant contributions of Virginia's accredited nonprofit private colleges and universities to the state's higher education landscape, economy, and the overall educational experiences of students. The resolution seeks to enhance awareness of the various educational opportunities offered by these institutions and encourage prospective students to visit college campuses as part of their college search process.
The resolution highlights the economic impact of Virginia's private colleges, noting their contribution of approximately $4.6 billion in economic output and the support of nearly 30,000 jobs statewide. These institutions play a vital role in the Commonwealth's economy and are instrumental in the preparation of students for successful careers and further education. The resolution emphasizes the positive influence of private colleges on local economies and their ongoing collaboration with community colleges to facilitate credit transfers.
One notable aspect of SJR264 is the mention of the Tuition Assistance Grant, which assists eligible Virginia resident, full-time undergraduate students in making private college education more affordable. This financial support aims to ensure that a diverse range of students has access to high-quality educational opportunities. The resolution underscores the importance of these colleges not only in providing education but also in fostering economic development and job creation in the region.
While the bill is largely symbolic and focuses on raising awareness rather than enacting legally binding changes, it serves to spotlight the essential role that private colleges play in Virginia's educational and economic systems. The Council of Independent Colleges in Virginia (CICV) is encouraged by this resolution as it advocates for private higher education, which collectively graduates a significant percentage of degrees and has a substantial impact on health professions, particularly nursing. The resolution aims to promote collaboration between educational institutions and prospective students.