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Salient: Victoria University Students' Paper. Vol. 29, No. 8. 1966.

Varsity Owes Us £200?

Varsity Owes Us £200?

The University owes the students' association hundreds of pounds in interest.

Mr. N. Woodhams, incoming publications officer on executive, told the association's annual general meeting this.

And he says he intends to see that Vuwsa gets the money.

He pointed out that over £3000 in 1965 student fees were paid over to Vuwsa one full year after they were collected.

Mr. Woodhams says that at normal bank overdraft rates, this represents over £200 in interest charges.

He points out that the Students association does not receive student fees until some months after they have been collected by the university.

In the last two years, the association has twice incurred substantial bank overdrafts as a result.

He believes that the same situation applies to other student funds also.