Statute 2.8 – Students’ Loan Fund Made by the Monash University Council Version incorporating amendments as at 17 February 2012 1. 2. Students’ Loan Fund 1.1 In this statute and in any regulation made pursuant to it "Students’ Loan Fund” means the Monash University Students’ Loan Fund established pursuant to section 33(1) of the Monash University Act 1958. 1.2 The DEET Loan Fund and its assets and liabilities are hereby incorporated into the Students’ Loan Fund. Student Loans Committee 2.1 There is a Student Loans Committee which must be constituted in accordance with the regulations. 2.2 The Student Loans Committee ‐ 2.2.1 has overall responsibility for ‐ 2.2.1.1 the proper and effective administration of the Students’ Loan Fund and any other fund established by the regulations for the purpose of providing loans to students; 2.2.1.2 any loans committee or officer provided for in the regulations; and 2.2.1.3 the writing off of bad debts; 2.2.2 must determine university policy in respect of loans to students; 2.2.3 must keep the Council informed of any policy change or matter considered significant in respect of loan funds; 2.2.4 must provide an annual report to the Council – and has such other powers and duties as are conferred or imposed upon it by any statute, regulation or resolution of the Council. 3. Regulations 3.1 The Council may make regulations for or with respect to any matter or thing necessary, expedient or permitted to be prescribed for the purposes of this statute. 3.2 Without limiting subsection 3.1, the regulations may prescribe – Statute 2.8 – Students’ Loan Fund 3.2.1 the constitution of the Student Loans Committee and any other committee or authority necessary or desirable for the administration of student loans; 3.2.2 the terms and conditions of student loans. End Notes 1. Table of amendments from 1 November 2011 (as incorporated into this version): Amendment Sections Amended Statute 1.4 – University Regulations (No. Section 3 7 of 2011) Commencement Date (Promulgation) 17 February 2012 Page|2