ILLINOIS - The University of Illinois Board of Trustees

534 BOARD OF TRUSTEES [February 21
readmission among students who have valid reasons for temporary interruptions in
their education.
Revenue from the fee amounts to approximately $90,000 at Chicago Circle
and $30,000 at Urbana-Champaign. The financial impact of this action will be
taken into account in the FY 1981 Income Fund appropriation.
I concur.
Ford Foundation Undergraduate Awards in Engineering, Urbano
(17) During the years from 1959 to 1965, grants totaling $585,000 were received
from the Ford Foundation in support of a forgivable loan program for doctoral
students in the College of Engineering at Urbana-Champaign. The object was to
assist such students who were interested in becoming college teachers of engineering.
The terms of the grants provide: “After twelve years from the date of the
grant, the University has the option of discontinuing the loans and using any
balance remaining from repaid principal and interest for other purposes in engi-
neering education.’’
As af December 31, 1979, a cash balance of $80,226 remained in the Ford
Foundation Loan account. The original objective of these grants has been attained
and the College of Engineering now seeks to use the residual funds in other ways
to enhance programs in engineering education.
The college has proposed that the entire residua1 cash balance be invested,
with the income to be used initially to provide grant-in-aid merit awards to under-
graduate students in engineering. Although it is not intended that the principal of
this fund be used to pay current program costs, part or all of it could be so used
in the event income is not sufficient to meet the nreds of the program. Any addi-
tional amounts received under the original forgivable loan program would be added
to the principal.
The chancellor at the Urbana campus has recommended that the proposal be
approved and that the comptroller be authorized to establish appropriate accounts
and make appropriate investments to accomplish the ends described.
I concur.
Bachelor of Arts in liberal Arts and Sciences with a Major
in French Commercial Studies, Chicago Circle
(18) The Chicago Circle Senate has recommended the establishment of a major
in French Commercial Studies leading to the Bachelor of Arts in Liberal Arts and
Sciences. The objective of the program is to provide training for students who seek
to combine the mastery of a foreign language with basic knowledge in the workings
of the business world. The program is the first of its kind to be established at a
major comprehensive university located in an important commercial center.
The program consists of 53 hours in required French courses at the 200 and
300 levels and 36 hours in required collateral courses in the College of Business
Administration. Students in the program are urged to spend a year abroad in the
Illinois Year Abroad Program in Paris.
No additional state resources will be required as the curriculum will be com-
posed of existing courses and will be taught by faculty members now on the staff.
The chancellor at Chicago Circle and the vice president for academic affairs
have recommended approval. The University Senates Conference has indicated that
no further senate jurisdiction is involved.
I recommend approval, subject to further action by the Illinois Board of
Higher Education.
Renaming of the Physics Research laboratory, Urbana
(19) The head of the Department of Physics and the dean of the College of Engi-