Caption: Board of Trustees Minutes - 1976
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1974] Date 7/30 7/30 8/13 8/30 UNIVERSITY OF ILLINOIS 121 Amount 19 250 67 550 39 716 64 678 $20 70 40 65 000 000 000 000 Yield Security (Per Cent) U.S. Treasury bVs per cent notes due 2/15/76 9.81 $ U.S. T r e a s u r y 6 I / i p e r c e h t n o t e s d u e 8 / 1 5 / 7 6 10.18 U.S. Treasury bills due 9/20/74 6.76 U.S. Treasury bills due 9/26/74 6.62 00 00 67 65 This report was received for record. Request for Authorization to Implement the Family Educational Rights and Privacy Act of 1974 (16) T h e Family Educational Rights and Privacy Act of 1974, which becomes effective November 19, 1974, provides that federal funding will be withheld from any higher educational institution which denies a student the right to inspect and challenge the content of his cumulative record folder. Virtually all recorded data concerning a student, including outside letters of recommendation or evaluation, appear to be reached. In addition, the Act imposes substantial restrictions upon access by others to a student's record without his written consent. University and campus committees are in the process of developing recommendations for appropriate guidelines relating to record content, conditions of accessibility, hearing and review procedures, definitions of persons entitled to access and like matters to insure conformity with the Act. The President of the University requests authority to promulgate guidelines and regulations for discharging the University's obligations under the Act and identifying responsibility for its implementation. Such guidelines and regulations will be reported to the Board of Trustees. On motion of Mr. Swain, authority was given as requested. ' Communication from Harold "Red" Grange M r . S w a i n p r e s e n t e d for t h e a t t e n t i o n of t h e B o a r d a n d for t h e r e c o r d t h e following c o m m u n i c a t i o n f r o m M r . G r a n g e : Honorable Timothy W. Swain Chairman, Medallion Committee 411 Hamilton Blvd. Peoria, Illinois 61602 Dear T i m : Will you please extend to the Board of Trustees my sincere thanks and appreciation for the Distinguished Service Medallion presented to me at the 50th Anniversary Game. This high Award is doubly appreciated because of my tenure on the Board. I am deeply grateful. Sincerely, Harold " R e d " Grange Establishment of a Law School at the Chicago Circle Campus Mr. Swain introduced this subject, noting that the tenth anniversary of the occupation of the Circle campus, to be celebrated in 1975, would be fortuitous for the establishment of a law school at that campus. Discussion emphasized that, while the University's first priority in legal education is the expansion of facilities for the College of Law at Urbana, initial steps
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