The Board of Visitors is composed of seventeen voting members appointed by the Governor of the Commonwealth of Virginia, subject to confirmation by the General Assembly, for terms of four years. In addition, the Board of Visitors appoints, for a one-year term, a full-time student and faculty member at the University of Virginia as non-voting members of the Board of Visitors. The Rector and Visitors serve as the corporate board for the University of Virginia, and are responsible for the long-term planning of the University. The Board approves the policies and budget for the University, and is entrusted with the preservation of the University's many traditions, including the Honor System. The Board maintains offices in the Northwest Wing of the Rotunda and meets four times per year. The meetings are open to the public, but there will be no opportunity for public comment.