Caption: Board of Trustees Minutes - 1984
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98 BOARD OF TRUSTEES [November 18 The University and its researchers may not seek research funding in the same technological field from other sources without prior approval from ARA while funding is being provided by ARA. The University may accept funding for research which involves use of patentable or licensable inventions or discoveries developed under ARA's sponsorship, provided ARA is given the right of first refusal to fund the same. Any proposed license of new products from such research must first be offered to ARA on terms no less favorable than offered to any other licensee. The University Patent Committee has reviewed the various policy issues presented by these proposed agreements and has recommended they be approved. T h e executive vice president, with the concurrence of the appropriate University officials, has recommended approval of these two research agreements and the appropriate amendments to the University's contracts with the researchers. I concur. On motion of Dr. Donoghue, this recommendation was approved. Recommendation of the University Patent Committee (11) T h e University Patent Committee recommends that the action described below be taken in regard to an invention made at the University of Illinois. Multi-Wavelength Metal Halide Lasers — James G. Eden, associate professor of electrical engineering, Andrew W. McCown, graduate research assistant in electrical engineering, and Marwood N. Ediger, graduate research assistant in electrical engineering, Urbana-Champaign, inventors; developed with support from the U.S. Air Force. University Patents, Inc. reported that it did not elect to subject this disclosure to the terms of the servicing agreement. The University Patent Committee recommends that the University retain the invention and institute the filing of a patent application on the invention. I concur. On motion of Dr. Donoghue, this recommendation was approved. By consensus, the board agreed that one roll call vote would be taken and considered die vote on each agenda item nos. 12 through 19 inclusive. The recommendations were individually discussed but acted upon at one time. (The record of board action appears at the end of each item.) Assignment of National Defense/Direct Student Loans (12) Under federal regulations, defaulted notes in the National Defense and Direct Student Loan (NDSL) programs may be assigned to the federal government for collection after the institution has followed certain prescribed "due diligence" collection procedures. The Board of Trustees approved assignment of defaulted notes in June and July 1979, and in June 1981. This year, if the assignment is made prior to November 30, an institution can better its default ratio and enhance its eligibility for additional federal capital contributions for 1983-84. T h e loan funds in question are held in trust by the University and loaned to its students in accord with criteria established by the federal government. They consist of federal capital contributions plus "institutional" capital contributions in an amount equal to one-ninth of the federal contributions. Collections and earnings are added to the loan funds and expenses of the program are credited. Under the law, the loan and interest are cancelled in case of death or permanent and total disability.
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