Ever since the Eastern University, Sri Lanka was established in 1986, there had been moves to take over the SVCMD by the Eastern University, Sri Lanka. Meanwhile, the Hon. Minister of Religious and Cultural Affairs, by his letter dated 15th July 1988 stated that he was agreeable to the affiliation of SVCMD with the Eastern University providing the proposal was approved by the University Grants Commission. Subsequently there had been Continuous strikes by the students of SVCMD and public agitation for the takeover of the College by the Eastern University, similar to the takeover of the Ramanathan College of Fine Arts by the University of Jaffna. As early as 1989, the North East Provincial Council offered to negotiate with the Ministry of Education and Higher Education affiliate the SVCMD with EUSL. The affiliation however, did not take place. But, dragged on due to eruption of ethnic violence and other reasons. In response to a comprehensive proposal submitted by the EUSL, the University Grants Commission by its letter dated 13th March 1997 allowed the Eastern University to enroll the Diploma holders from SVCMD at EUSL for the degree programme. In response to these moves and representation made by Members of Parliament and Various public organizations, Her Excellency President Chandrika Bandaranayake Kumaratunga agreed to the vesting of the SVCMD with the Eastern University and has directed the Hon. Minister of Education and Higher Education to initiate urgent action to implement this proposal. The SVCMD was ceremonially handed over to the Ministry of Higher Education and Information Technology Development by the Ministry of Religious and Cultural Affairs on 20th April 2001. On handing over, the Hon. Minister of Religious and Cultural Affairs made a request that the name of Swami Vipulananda and the special identity of the College continue to be used. Following this handing over, students were admitted to the undergraduate study programmes, and the degree was awarded by the EUSL .Those who had obtained a Diploma in Music and Dance from a recognized institutions were given two years exemption to follow the degree programme at SVCMD, subject to the approval of the Senate, Eastern University, Sri Lanka.
From 2001-2005 the institution was looked after by the Faculty of Arts and Culture, Eastern University, Sri Lanka. The following persons were appointed by the University council as Coordinators from the Faculty of Arts and Culture to upgrade the institution to the university level. The academic and administration foundation were laid during their period.
Dean, Faculty of Arts and Culture (2001-2002)
Head, Department of Fine Arts (2004-2005)
The Swami Vipulananda College of Music and Dance was recognized as an Institute for higher learning for the purpose providing, promoting and developing higher education in Aesthetic Studies and officially affiliated to the Eastern University, Sri Lanka with effect from 14th March 2005 through the Gazette of the Democratic Socialist Republic of Sri Lanka – Extra Ordinary Gazette dated June 3rd 2005. The Institute had been named as Swami Vipulananda Institute of Aesthetic Studies (SVIAS), Eastern University, Sri Lanka (EUSL). The following Departments of Study in respect of the Disciplines had also been approved:
- Department of Carnatic Music.
- Department of Dance, Drama and Theatre Arts.
- Department of Visual and Technological Arts.
University Grants Commission has sent first batch of students from the academic year 2005 / 2006. All the teaching and non-academic staff of SVCMD were officially absorbed to the SVIAS w.e.f March, 2005 Vz: Certain teaching staff were absorbed as Senior Lecturer and Lecturers (Prob.) while others were absorbed as Instructors on personal to the holder basis. Mrs. Balambigai Rajeswaran, M.A (Music), M.Phil. (India) was appointed by the UGC as the first Director of SVIAS, EUSL w.e.f 14th March 2005. Dr. K. Premakumar has been functioning as Director / SVIAS w.e.f 14th April 2012.