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REPORT ON THE 1976 GENERAL ASSEMBLY
 
 
 
 
 
 
 
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REPORT ON THE 1976 GENERAL ASSEMBLY

The President expressed concern because the recently adjourned General Assembly had funded almost no capital outlay for the University. He also expressed concern about the failure of the General Assembly to provide matching funds for some of the gifts that the University has solicited for eminent scholars. Mr. Shea explained the "70/30" legislative provisions that prescribes the proportion of operating funds to be borne by tuition payments. This provision has made tuition increases necessary.