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Student organizations on campus don't receive interest
from their funds deposited with the Student Activities Office,
Bill Grundman told the Council on Student Life Tuesday.
Instead, a committee composed of the University
comptroller, executive dean of student affairs, coordinator of
student activities and the chairman of the CSL Student
Organizations Committee administers the interest fund, said
Grundman. a member of the Student Organizations
Committee.
Student organizations on campus are required to deposit
their funds with Student Activities and to conduct all financial t
transactions through the office. Student Activities then
deposits the funds in local banks or loan companies where it
draws interest, Grundman said.
The only way an organization can get back its interest is to
authorize Student Activities to buy a time certificate, he
explained. However, .not all organizations are told this, he
added.
Before the committee was formed to administer the interest
fund, Grundman said, he doesn't know where the interest
money was going. However, in July, 1971, the fund was
$6,800.
In November, the Board of Regents requested that the
chairr tan of the Student Organizations Committee join the
committee which administers the fund.
CSL first was informed of that request Tuesday. The
request was put on next week's agenda for discussion.
Between July and October, $3,000 of the interest funds
was spent on projects including student travel, National
Student Association conference and a speaker for the Time
Out Conference, Grundman said.
Since then, $200 was spent for a tenant rights booklet,
$150 for the Arts Council and $50 for this weekend's voter
registration conference, he added.
Next week the committee will set up a budget for the
interest fund, Grundman said. There is an additional $200 in
interest generated yearly by $3,490 in the now-defunct
Associated Women Students (AWS) account, he'added.
In other discussion, CSL member Oebby Loers said the
Regents coed visitation committee will meet Saturday to
discuss the results of the poll of parents on the new visitation
policy, and she will report the findings to CSL Tuesday.
CSL member Mike Berns said Samuel I. Fuenning, medical
director of the University Health Center? has agreed to draw
up a new statement on the center's birth control policy and
will submit it to the executive committee of the medical staff
for approval.
The commitment was the "result of a meeting with ASUN
executives where Fuenning was asked to clarify the policy and
inform students of it.
'
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10:00 A.M -5:00 P.M.
purchases may be charged
SHELDON MEMORIAL ART
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CHAGALL, BASKIN, ROUAULT, DAUM1ER AND MANY OTHERS
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. .w.,
Richmond attacks housing proposal
Leaders of Lincoln's Poorhouse Coalition
have labeled a Feb. 10 letter from NU President
D." B. Varner "a lot of words and no action."
The letter, which was sent to fulfill a pledge
made to members of the Coalition at a Jan. 26
. meeting, calls for the establishment of a
"community relations committee."
The committee, which is to be appointed by
UNL Chancellor James Zumberge, is to
"maintain a continuing liaison" between the
University and the community.
The letter also lists "general commitments"
by the University to resolve any existing
competition for housing between students and
low-income families.
The commitments include the appointment
of' three representatives of the Poorhouse
Coalition to the Regents' committee on
Housing; a request for federal funds in order to
conduct "a thorough and definitive study of
the nature of the problems that exist in the
community," and taking "reasonable and
appropriate action within the limits of
resources available" to provide additional
married student housing if the study indicates
that is "the most feasible route to follow."
The letter also states that the University "is
not now nor will it be insensitive to its impact
on the community."
Bea Richmond, president of City-Wide
Tenants Association, said .Tuesday that the
letter "is just so many words. The University ;
officials just stay in their ivory towers. They
don't care about the, problems of the
community.
"If the University is really concerned about
the problems of low-income people," she said,
"they could really get involved."
. She said that the University could help find
housing for low-income families who have no
homes. "The University helps find homes for its
students, they could also help the community."
The University could also start laying
groundwork prior to the end of the study, she
added.
She claimed that the University is not acting
"in good faith. The Housing Committee is
stacked against low-income representatives. The
University could show good intentions by
putting one of their representatives on the
Colition's board."
doilu
y4o:
editor in chiel barry pilgor
mnnaqing editor hm gray
news ed. tor bait becker
ad manager bill carver
coordinator Jerri haussler
The Daily Nebraskan is written, edited and
managed by students at the University of
Nebraska-Lincoln and is editorially independent of
the University faculty, administration and student
body., :
The Daily Nebraskan is published by the CSL
subcommittee on publications Monday,
Wednesday, Thursday and Friday throughout the
school year, except holidays and vacations.
Second class postage paid at Lincoln, Nebraska
A4irocc Tho Hailu Nphrasknn34 Nebraska
UnionLincoln, Neb., 68508. Telephone
4024727588.
SAVE More t DIVIDEND
VALUABLE COUPON
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80 i
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PAGE 2
THE DAILY NEBRASKAN
WEDNESDAY, FEBRUARY 16, 1972
