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University Grants Commission - Sri Lanka

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Commission Circular No: 734

24th June, 1998.

 

Vice-Chancellors of Universities,
Rectors of Campuses,
Directors of Institutes.

 

PAYMENT OF DISTRESS LOANS


Your attention is drawn to the Commission Circular No. 606.

The University Grants Commission at its 514th meeting held on 24th April, 1998. decided to amend with immediate effect, the loan renewal conditions as follows:-

Employees will be permitted to renew the loan either after repayment of 18 instalments OR after settling the loan fully in cash. after a lapse of 10 months from the date of obtaining the previous loan.



(Prof. S. Tilakaratna- Chairman )

Cc:

  • Chairman/UGC
  • Vice-Chairman/UGC
  • Members of the UGC
  • Secretary/UGC
  • Deans of Faculties
  • Registrars of Universites
  • Financial Controller/UGC
  • Bursars of Universities
  • Librarians/SAL/AL of the Higher Educational Institutions/Institutes ;
  • Snr. Asst.Registrars/Asst.Registrars of HEIs/Campuses
  • Snr. Asst.Bursars/Asst.Bursars of HEIs/Campuses
  • Chief Internal Auditor/UGC
  • Govt. Audit Superintendents of Universities
  • Snr. Asst.Int. Auditors/Asst.Int.Auditors of HEIs
  • Secretaries of Trade Unions
  • Auditor-General