NORFOLK, Va. (WVEC) -- Governor Terry McAuliffe met with educators, students and school leaders to address the Commonwealth's 2016-17 Higher Education budget.

The conversation happened at Norfolk State University on Wednesday, May 11.

The governor spotlighted several items within the budget that include increased access and affordability for students as well as financial aid investments.

Specifically, the state's General Assembly passed a one billion dollar budget for the education system that is set to take effect on July 1.

Out of that money, $300 million is earmarked for higher education.

Governor Terry McAuliffe says priority is to keep in- state tuition low while better preparing students for the work force.

"Many states across the country today are cutting education, we are investing, because if you want to grown an economy you gotta build a work force of the future, we are putting our money where our mouth is, we are going to invest in our children, and we are going to have the best work force development system in the world," said McAuliffe.

Virginia Secretary of Education, Anne Holton, also told 13News Now that millions will be allocated to the state's K-12 schools.