2016 Session

Budget Bill - SB30 (Introduced)

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University of Virginia

Item 197

Item 197

First Year - FY2017Second Year - FY2018
Higher Education Student Financial Assistance (10800)$101,906,533$101,906,533
Scholarships (10810)FY2017 $51,230,260FY2018 $51,230,260
Fellowships (10820)FY2017 $50,676,273FY2018 $50,676,273
Fund Sources: 
GeneralFY2017 $10,857,100FY2018 $10,857,100
Higher Education OperatingFY2017 $91,049,433FY2018 $91,049,433

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

A. 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.

B. 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.