University of Virginia Library

STUDENT AID FOUNDATION

Mr. Talbott, Chairman of the Athletic Committee, read to the Board a letter he had
just received from the President of the Virginia Student Aid Foundation, stating the conditions
under which it was proposed that Foundation and Alumni awards be given to students, and including
a requirement that the recipient of such an award continue in subsequent years at the University
to engage in extra-curricular activities or forfeit his award. It was pointed out in the
discussion which followed that such a requirement might run counter to National Collegiate
Athletic Association policy.

President Darden commented on the dangers of having matters of concern to The Rector
and Visitors as a whole addressed directly to the Board rather than through the Office of the
President, the problem having arisen in the past, the Board has previously ruled that its
policy is to receive communications through the President.

The following resolution was adopted by the Board:

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the proposals set forth by the President of the Virginia Student Aid Foundation are
acceptable to this Board, provided that they meet with approval from the National Collegiate
Athletic Association; that the Chairman of the Athletic Committee of the Board furnish to the
President of the University, for inclusion in a letter to be addressed by the President to a
responsible official of the NCAA, a statement of the terms set forth in Item 5 of the policy
proposals submitted by the Student Aid Foundation.