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Caption: Board of Trustees Minutes - 1974 Version B This is a reduced-resolution page image for fast online browsing.
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24 BOARD OF TRUSTEES [Juty 19 graduate and Graduate Student Associations, the proposal was prompted by large and growing shortages of student financial aid funds. Subsequently, the Board of Trustees approved the creation of a separate fund to be developed from the collection of the student assessment and providing for the refunding of the assessment to those students who desired it. The program was authorized for a four-year period, with the understanding that if the matching State funds were not provided by September, 1971, the program would terminate with the collection for the 1971 summer session. No matching State funds were received by September, 1971; accordingly, the program was terminated. In 1970-71, the net student contribution after refunds amounted to $122,626. The funds were used to supplement existing financial aid resources administered by the Student Financial Aids Office and the Graduate College Fellowship Office. These offices report that funds to assist students are less adequate now than in 1970. Senate Bill 691, providing for a matching grant from the State Scholarship Commisson to each State-supported college or university at which a studentinitiated scholarship fund has been established and supported by voluntary student contributions has been approved by the Illinois General Assembly and is awaiting action by the Governor. The Bill appropriates $150,000 for that purpose in FY 1972-73 and provides that if this sum is insufficient to match fully the amount contributed by students, the amount payable to each university will be proportionately reduced. The Bill further provides that the matching funds provided by the State and the voluntary contributions shall be used only for undergraduate scholarships in a program administered by each university and that scholarships under such programs shall be awarded to undergraduates on a need basis as prescribed by the State Scholarship Commission. No scholarship grant to any student from funds raised through voluntary contributions, and matched from the State appropriation, may exceed $1,000 per year. The Chancellor reports that the Undergraduate and Graduate Student Associations support reinstatement of the SEAL collection program. Plans for its implementation and refund procedures have been prepared. Each student registered on campus will be required to pay $2.00 each semester and summer session at the time of registration. Two weeks later a refund will be made to students who do not wish to participate. The funds collected will be used to supplement existing financial aid funds for needy students under current programs administered by the Financial Aids Office consistent with the legislation described. The Chancellor at Urbana has recommended approval of the proposed plan effective September, 1972—subject to approval of the Bill by the Governor — to continue so long as matching funds are provided and valid quadrennial student referenda are supportive of the plan. Approval is also requested to authorize the President to approve such changes in the plan of implementation as seem desirable and necessary. I concur. On motion of Mr. Pogue, this recommendation was approved. EXEMPTION FROM TUITION WAIVER POLICY, URBANA (26) For some years the University of Illinois at Urbana-Champaign has conducted exchange programs with the University of Los Andes in Bogota, Colombia; the Technical University of Munich, Germany; and the Unite Pedagogique d'Architecture, No. 3, Versailles, France. One of the primary components of these exchanges has been the provision of tuition waivers for a fixed number of students1 coming to the University of Illinois in direct exchange for similar services or facilities awarded to the University of Illinois students and staff at the other institutions involved. In order to continue these exchange programs, the Chancellor at the UrbanaChampaign campus has requested that an exemption for these programs for the year 1972-73 be made in the Board policy (approved by the Trustees on October 20, 1971) which requires that tuition waivers be given only on the basis of financial need. Procedures are presently being developed for establishing contractual arrangements for the future with the institutions concerned. However, since the 1 Two each for the University of Los Andes and the Technical University of Munich and six for the Unite Pedagogique d'Architecture.
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