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State of Chattisgarh - Section

Section 58 in The Indira Gandhi Agriculture University, Raipur Statutes, 1987

58. Vishwavidyalaya Scholarship and Student Loan Funds.

(1)The Vishwavidyalaya shall establish and maintain a scholarship fund, from which funds may be granted to an enrolled student-
(a)to assist him in meeting his expenses while attending the Vishwavidyalaya; and/or
(b)as an award to him for outstanding performance in the Vishwavidyalaya.
In accordance with joint recommendations of the Administrative Council and Academic Council, the Board shall make Regulations governing the operations of the Vishwavidyalaya Scholarship Fund.
(2)The Vishwavidyalaya shall establish a Student Loan Fund, from which funds may be provided as loans to an enrolled student when such assistance Is needed to help him to meet the costs of attending the Vishwavidyalaya. In accordance with recommendations of the Administrative Council, the Board shall make Regulations governing the operations of the Vishwavidyalaya Student Loan Fund.