1984 – Following approval from the Board of Trustees for State Colleges and Universities (now UL System), USL officially changed its name to the University of Louisiana, which was overturned less than a month later by an act of the state legislature, although two schools had previously changed their names using the same technique without outside interference.[8][9][10] 1997 – University's privately held assets reach $75 million.[11] 1999 – USL was renamed the University of Louisiana at Lafayette (UL Lafayette).[12][13]