 | Board of Visitors minutes January 8, 1953 |  |
The Student Aid Foundation.
This organization is three years old and, at this period, $135,000 has been raised. Of
this total, 93% has been used for scholarships. To date 59 students have received aid and better
than 81% of those helped have received degrees from the University. Last year our total disbursements
were about $43,000.
Can you conceive of a group who would run the Student Aid Foundation who would
not be active in the Alumni Association?
Answer:
No, but giving the Foundation representation would give it some prestige which
would help us in raising money. Frankly, we also want a larger vote for the Alumni than that provided
in the report of the Athletic Committee of the Board of Visitors.
Mr. Black:
The University Senate Faculty Report did not recommend the elimination of
athletic scholarships, simply the control of them. The Gooch Report was not approved by the
Senate nor was it ever submitted to the Board of Visitors.
Mr. Coxe:
How much money was raised by contributions and how much from concessions?
Answer:
All Foundation money is raised by contributions. The Alumni Association raises
money operating concessions.
Mr. Talbott:
The Athletic Committee Report of the Board envisions the athletic council
as an advisory body with the Director of Athletics recommending action concerning athletic matters
to the Board through the President of the University. Do you believe, with such safeguards, that
there would be any danger to the program of the Foundation?
Answer:
Only that the Foundation would like to have support in lower echelons for its
program.
Mr. Black:
Don't you think we can conform with the ACE recommendations without damaging
our program?
Answer:
Yes, I believe we can
Mr. Black:
Do you consider economic need in making awards?
Answer:
No, we can't. The boys want the full amount of the scholarship and we have to
meet the competition of other schools.
The Rector, on behalf of the Board, thanked Mr. Rogers and his associates, whereupon
they left the meeting.
| Board of Visitors minutes January 8, 1953 | |