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University Grants Commission is the body responsible for funding most of the State Universities in Sri Lanka, and operates within the frame work of the Universities Act No. 16 of 1978. A public organisation, established under the Parliament Act No 16 of 1978.
It was dissolved in 1972 to establish the University of Sri Lanka. In 1974 the Jaffna campus was added to the University of Sri Lanka. [5] [6] [7] The change of the government in July 1977 led to dismantling of the single university apparatus with the plan of establishing independent universities. With the promulgation of the Universities Act.
The faculty has the largest student intake of the university. Currently, the faculty caters to 16,337 students. The students get selected to the faculty based on their performance at the General Certificate Examination (Advanced Level) of the relevant year. The selection is done by the University Grants Commission of Sri Lanka.
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The university moved to the new site on 22 November 1961, under the direction of Sri Soratha Thero. The vice-chancellor invited the Department of Government Archives to establish its archives on the campus, near the university library, to encourage research. The Higher Education Act (No. 20 of 1966) [4] opened Sri Lanka's universities to women.
The University of Ceylon was the only university in Sri Lanka (earlier Ceylon) from 1942 until 1972. It had several constituent campuses at various locations around Sri Lanka. The University of Ceylon Act No. 1 of 1972, replaced it with the University of Sri Lanka which existed from 1973 to 1978.
The university is a state university, with most of its funding coming from the central government via the University Grants Commission (UGC). Therefore, as with all other state universities in Sri Lanka, the UGC recommends its vice-chancellor for appointment by the President of Sri Lanka and makes appointments of its administrative staff.
The university has responded to the needs of the country and established two new faculties — 'Management and Finance' and 'Fisheries and Marine Science' — the first of its kind in Sri Lanka. Thus, the university has as many faculties as the University of Peradeniya, the largest in Sri Lanka. [citation needed] The main campus is at Matara.