University of Virginia Library

COLLECTION OF STUDENT LOANS

The President noted that some time ago the Board of Visitors instructed the appropriate
University authorities not to institute court action to collect delinquent student loans. The
President reported, however, that under the Federal loan program, which consists of 10 per cent
University funds and 90 per cent Federal funds, the Federal regulations provide a very strict
procedure for collection. He stated that the University would have to institute court action
if required by these regulations but he hoped that this would not be necessary.