2012 Special Session I

Budget Bill - HB1301 (Chapter 3)

University of Virginia

Item 196

Item 196

First Year - FY2013Second Year - FY2014
Higher Education Student Financial Assistance (10800)$69,278,488$69,611,521
Scholarships (10810)FY2013 $29,236,271FY2014 $29,236,271
Fellowships (10820)FY2013 $40,005,033FY2014 $40,005,033
Fund Sources:  
GeneralFY2013 $9,878,488FY2014 $10,211,521
Higher Education OperatingFY2013 $59,400,000FY2014 $59,400,000

Authority: Title 23, Chapter 9, Code of Virginia.

A.  The appropriation for the fund source Higher Education Operating in this Item shall be considered a sum sufficient appropriation, which is an estimate of the revenue collected to meet student financial aid needs, under the terms of the management agreement between the university and the Commonwealth as set forth in Chapters 933 and 943 of the 2006 Acts of Assembly.

B. Out of this appropriation, $250,000 the first year and $250,000 the second year from the general fund, shall be provided to support public-private sector partnerships in order to maximize the number of newly licensed nurses and increase the supply of nursing faculty.