The committee will examine the financial aid policies of Cornell University. It shall also be responsible for the administration of the Student Helping Students grant. The committee shall consist of a chair and up to 12 undergraduate students, at least four-fifths of whom receive some form of institutionalized financial aid. The Vice Provost for Enrollment, the Executive Director of the Office of Financial Aid, the Senior Assistant Director of the Office of Financial Aid, a counselor from the Office of Financial Aid, and two faculty members shall serve as ex-officio, non-voting members. Chair to be elected by the Assembly.