Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 984]

EXTRACTED TEXT FROM PAGE:

1940]

UNIVERSITY OF ILLINOIS

98l

F o r m of obligation—Bond issue by University of Illinois Foundation. Maturity—Serially over 20 years, issue to be dated August 1, 1940. T o mature serially semi-annually over 20 years from October I, 1941. Interest payable semi-annually. Security—Trust agreement between University of Illinois and University of Illinois Foundation providing for operation of building assessment of fee of not less than $5.00 per semester. Agreement will also provide that net profits of projects will be pledged. Delivery of funds—Entire amount September I, 1940. Mortgage—Property to be conveyed by University to Foundation, which will give a restricted Trust Indenture similar to that used in Medical and Dental Building loan. H e has reviewed these proposals with the University's Counsel and the Director of the Physical Plant Department, and it is their judgment that the proposal of Charles K. Morris & Company, Inc., is practicable, and that in view of its lower cost it should be accepted.

On request of the President, the Comptroller commented on this matter. On motion of Dr. Meyer, the proposal of the Morris Company was accepted, and a loan of $130,000 was authorized.

A D M I S S I O N S T O C O L L E G E S O F MEDICINE AND DENTISTRY (16) T h e University Senate has considered certain proposals from the Colleges of Medicine and Dentistry for changes in the requirements for admission to those divisions. T h e essential change is the setting up of a Committee on Admissions having authority to exercise discretion in admitting applicants. T h e following proposals have been recommended by the University Senate for approval by the Board of Trustees under the conditions specified. These proposals include certain procedures which are not a matter of educational policy but are included to give the full text of the new requirements. College of Medicine As the capacity of the college is limited, it must be understood that selection is necessary. Applicants who meet in full the course requirements and who have grade point averages of 3.5 or better will be considered by the Committee on Admissions. In selecting the first-year class the Committee will take into consideration such factors as the scholastic record, the college at which the applicant prepared, letters of recommendation, especially from teachers in the laboratory sciences, health record, aptitude tests, and such special examinations as may be determined by the Committee. A personal interview with the Committee is desirable. Invitations to register will be sent to approved candidates. Applications will be received at any time after December I, First-year students are enrolled only in the fall, there being no mid-year admissions and no regular summer session. T h e Committee on Admissions may waive full compliance with the course specifications if the applicant possesses unusually high qualifications. Other factors being equal, students who complete their second and third years of premedical work in the University of Illinois at Urbana will be given preferential consideration by the Committee on Admissions. T h e University Senate recommends that these proposals be approved subject to the following conditions: 1. T h e designated Committee on Admissions is authorized for an experimental period of four years from September I, 1940. 2. T h e designated Committee on Admissions shall be appointed by the President of the University on recommendation of the Executive Dean of the Chicago Colleges and shall include the University Registrar and the Chairman of the Premedical Committee of the College of Liberal Arts and Sciences. 3. Early in the second semester of 1943-1944 the designated Committee on Admissions shall report on its work and submit recommendations relative to future procedure.