2018 Special Session I

Budget Bill - HB5002 (Introduced)

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George Mason University

Item 163

Item 163

First Year - FY2019Second Year - FY2020
Higher Education Student Financial Assistance (10800)$39,425,041$41,096,594
Scholarships (10810)FY2019 $33,716,100FY2020 $35,387,653
Fellowships (10820)FY2019 $5,708,941FY2020 $5,708,941
Fund Sources:  
GeneralFY2019 $29,129,041FY2020 $30,800,594
Higher Education OperatingFY2019 $10,296,000FY2020 $10,296,000

Authority: Title 23.1, Chapter 15, Code of Virginia.

Notwithstanding the provisions of § 4-5.01.5.b) of this Act, George Mason University is hereby authorized to transfer the balance of its discontinued student loan funds to an endowment fund established by the University to be used for undergraduate and graduate students in the Higher Education Student Financial Assistance Program.