Section 5714 - New York state college of human ecology1. The school of home economics heretofore administered and maintained in the New York state college of agriculture at Cornell university shall hereafter be known as the New York state college of human ecology at Cornell university and shall continue to be under the management and control of said university, subject to the supervision of the state university trustees.2. The object of said college of human ecology shall be the improvement of family well-being and human welfare by means of education, research, extension teaching, and related public service in the fields of human development and the use of human and environmental resources, including consumer economics, family relationships, human nutrition, household design, and allied subjects.3. All buildings, furniture, apparatus, and other property heretofore erected or furnished by the state for the said college of human ecology, and all buildings, furniture, apparatus, and other property hereafter erected or furnished by the state for said college of human ecology shall be and remain the property of the state. The Cornell university shall have the custody and control of said property, and shall, as the representative of the state university trustees, with whatever state moneys may be received for the purpose, administer the said college of human ecology as to the establishment of courses of study, the creation of departments and positions, the determination of the number and salaries of members of the faculty and other employees thereof, the employment and appointment thereof, the maintenance of discipline and as to all matters pertaining to its educational policies, activities and operations, including research work.4. The state university trustees shall maintain general supervision over the requests for appropriations, budgets, estimates and expenditures of such college. Cornell university shall receive no income, profit, or compensation for the exercise and performance of the powers and duties conferred and imposed by this section, but all moneys received from state appropriations for said college of human ecology or derived from other sources in the course of the administration thereof shall be credited by said university to a separate fund and shall be used exclusively for said New York state college of human ecology. Such moneys as may be appropriated to be paid to the Cornell university by the state in any year to be expended by said university in the administration of said college of human ecology shall be payable to the comptroller of Cornell university in three equal payments to be made on the first day of July, the first day of November, and the first day of March, and shall be expended upon vouchers approved by the chancellor of the state university, as the chief administrative officer of the state university, or by such authority or authorities in the state university as shall be designated by the chancellor by a rule or written direction filed with the comptroller, when and in the manner authorized by the state university trustees.5. The said university shall expend such moneys and use such property of the state in administering said college of human ecology as above provided, and shall report to the state university trustees during the month of September in each year.6. The tuition fees charged to students shall be regulated by Cornell university after prior consultation with the state university trustees and all other fees and charges in said college of human ecology shall be fixed by Cornell university, and the moneys received from these sources and from the sales of products shall be credited to a separate fund and shall be used for the expenses of said college of human ecology in such ways as the trustees of said university may determine.