Student Emergency Aid Fund and Program; created and established.

Student Emergency Aid Fund and Program; established. Establishes the Student Emergency Aid Fund and Program for the purposeof distributing emergency funds to students enrolled as full-timeor part-time students at public and nonprofit private institutionsof higher education in the Commonwealth to assist such students withsatisfying non-tuition and non-book emergency financial transactionsand costs required in order for the student to complete his certificationor degree. The bill directs the State Council of Higher Education for Virginia to establish guidelines for the Program and distributethe funds to institutions for disbursement according to the guidelines.