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_ 244 Item Details($) Appropriations($) ITEM 140. First Year Second Year First Year Second Year FY2025 FY2026 FY2025 FY2026 initiative. It is expected that funding will be pooled by the management board as required to support continuing efforts of the 4-VA priorities and projects. J. Out of this appropriation, $500,000 the first year and $500,000 the second year from the general fund is designated to support operating expenses for research efforts connected with the Bray School in partnership with the Colonial Williamsburg Foundation. K. Out of this appropriation, $500,000 the first year from the general fund is designated to endow the Gamage Democracy Fellowship at the Colonial Williamsburg Foundation. The Fellowship will provide an international hub for education and advocacy of democracy through the continual, one-year salaried residency at the Colonial Williamsburg Foundation of an outstanding William and Mary graduate. Each fellow while in residency at the Colonial Williamsburg Foundation will develop international education programs in conjunction with The College of William and Mary and the Presidential Precinct. 141. Higher Education Student Financial Assistance (10800) $61,423,650 $61,589,650 $61,417,020 Scholarships (10810) $44,738,792 $44,904,792 $44,699,662 Fellowships (10820) $16,684,858 $16,717,358 Fund Sources: General $6,542,876 $6,708,876 $6,536,246 Higher Education Operating $54,880,774 $54,880,774 Authority: Title 23.1, Chapter 28, Code of Virginia. A. Higher education operating funds appropriated in this program may be allocated for need- based aid to Virginia undergraduate students to enhance the quality and diversity of the student body. B. The appropriation for the fund source Higher Education Operating in this Item shall be considered 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. C. Up to 15 percent of the funding in this item may be used to support Virginia Guaranteed Assistance Program eligible students for (1) priority funding who are enrolled in Data Science and Technology, Science and Engineering, Healthcare and Education programs and (2) as a grant for students in innovative internship programs provided that the institutions has at least one private sector partner and the grant is matched equally by the partner with non-state funding and / or the institution from private funds. 142. Financial Assistance For Educational and General Services (11000) $32,339,735 $32,339,735 Sponsored Programs (11004) $32,339,735 $32,339,735 Fund Sources: General $75,000 $75,000 Higher Education Operating $32,264,735 $32,264,735 Authority: Title 23.1, Chapter 28, Code of Virginia. A. Out of this appropriation, $75,000 the first year and $75,000 the second year from the general fund and $400,000 the first year and $400,000 the second year from nongeneral funds are designated to build research capacity in biomedical research and biomaterials engineering. B. The Higher Education Operating fund source listed in this Item is considered to be a sum sufficient appropriation, which is an estimate of funding required by the university to cover sponsored program operations. 142.10 Historic and Commemorative Attraction Management (50200) $500,000 $0 Historic Landmarks and Facilities Management (50203) $500,000 $0