Board of Visitors minutes June 15, 2001 | ||
ATTACHMENT C
COMMITMENT TO CHANCELLOR STEVEN H. KAPLAN FOR THE COST OF EDUCATION OF SILIA, NOEMI, AND JANINA KAPLAN
The University of Virginia's College at Wise or one of its related foundations will pay for the college educations of Silia, Noemi and Janina Kaplan. Payments will be limited to four (4) years of undergraduate study for each individual, or until receipt of a baccalaureate degree, whichever is sooner. Payments for each child will be equal to the "estimated costs" (excluding travel expenses) for an in-state undergraduate student at the University of Virginia as published in the Undergraduate Record or similar official document of the University and used by the University of Virginia's Office of Student Financial Services in financial aid calculations. The amount provided will cover in-state tuition and required fees, books and supplies, room and board and an allowance for personal expenses. If any child elects to attend college outside the Commonwealth of Virginia, the amounts calculated (as specified above) for attendance at the University of Virginia will be paid to the college or university of choice. These amounts will be paid so long as Mr. Kaplan is employed full-time as Chancellor by the University of Virginia's College at Wise at the beginning of the semester for which payment is to be made.
Board of Visitors minutes June 15, 2001 | ||