The Cavalier daily. Thursday, February 13, 1969 | ||
Scholarship Students Permitted
To Own, Operate Motor Vehicles
Students on scholarship from
the University are now permitted to
operate motor vehicles here, although
it may affect their scholarships,
the Committee on Scholarships
Grants-in-aid, Loans, and
Employment announced yesterday.
"The new ruling will have the
effect of permitting students eligible
to drive cars to do so, where
they have been excluded form this
privilege in the past," said Dean of
Student Affairs D. Alan Williams.
The committee noted, however,
that "ownership and/or operation
of a motor-driven vehicle of any
type by the recipient of financial
assistance will bear directly on the
degree of financial aid demonstrated,"
and may reduce the size of his
scholarship.
"Actual ownership of a motor
vehicle by the applicant during that
period for which aid has been
requested will increase his overall
financial strength in view of the
fact that such vehicle will be
considered a capital asset in his
hands," the committee continued.
"What this means," said Dean
Williams, "is that the scholarship
committee will take into consideration
in awarding a scholarship
the cost of the auto and expenses
of operation in determining the
amount of his support. A student
cannot expect financial aid to
support the operation of a motor
vehicle," he said, although ownership
will be counted as a financial
asset.
In order to secure the permission
to register a motor vehicle,
the scholarship holder must supply
the office of financial aid with all
relevant information bearing on the
vehicle. According to Dean
Williams, this information means
the cost of the car and its value.
The Cavalier daily. Thursday, February 13, 1969 | ||