Submitted by alvin on Fri, 2017-01-27 19:27 Bengaluru: It was a momentous day for tens of students who won gold medals at the 52nd convocation of Bangalore University, held on Friday. But their joy was short-lived. For, majority of gold medal winners were given only certificates sans gold medals. Reason? The University does not have sufficient money to award gold medals!The students complained that even though they had won gold medal, the University didn’t give them away gold medals. Instead, they were given cheques. A student who wished to be anonymous said that she bought fame to the university by winning gold medals in the national level sports championship. But now the university was not ready to give gold medal that she won in academics.Worse, the university authorities – instead of addressing the students’ woes – added to their confusion by stating that they were ready to give away gold medals to all if students paid the difference of amount of the medal. Of the total 203 gold medals won, the university gave away only 93 medals. It gave cheques to 110 students instead of the medal.When BU authorities informed the students that only first rank holders would be given gold medals and cash awards to rest of them, many began protesting.Prof Ningegowda, registrar (academics) informed that a steep hike in gold rate was one of the reasons for the university to go back on its decision. Besides, the interest earned by the deposits – made by the donors for awarding gold medals in the banks – is too less. Hence, the university can’t give gold medals. “Hence, we would give away the interest amount directly to the students in the form of cash,” he informed.Another officer informed that if students want gold medals they need to bear the extra amount over and above the bank interest. “Students can approach us with the additional amount to have their gold medal,” he said. This statement further complicated the situation.However, university vice-chancellor Dr B Thimme Gowda has promised to look into the issue.