 | Board of Visitors minutes September 10, 1948 |  |
INTEREST ON STUDENT LOANS
The following resolution was adopted:
BE IT RESOLVED by The Rector and Visitors of the University of Virginia that the interest
rate on student loans be set at three per cent to conform with the Executive Order of the Governor,
dated August 23, 1948, fixing at three per cent the rate of interest on loans made from State
Student Loan Funds; but -
BE IT FURTHER RESOLVED that this resolution does not affect any interest rate set by a
donor at the time of the establishment of a student loan fund.
| Board of Visitors minutes September 10, 1948 | |