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University Daily KansanMonday, March 21 1964
KU's NDEA Funds Boosted, Available
KU has received an additional allocation of $334,775 under the student loan provisions of the National Defense Education Act (NDEA).
The ASC previously urged Kansas congressmen to work for the funds.
work for the funds. At an October meeting of the ASC, John E. Stuckey, Pittsburg senior and chairman of the council, submitted a resolution to send letters to Kansas representatives stressing the value of additional NDEA funds for KU student loans.
"I received answers from several of our representatives thanking us for our interest and indicating that they did intend to vote for this House bill," Stuckey said.
Robert Billings, director of Aids and Awards, said that the $334,775 was in addition to the ceiling set at $250,000, making KU's total NDEA allocation $584,775.
"Next year the ceiling for NDEA student loans will increase to $800.- 000 per institution, which should make a great increase in the number of loans available to KU students," Billings said.
Under NDEA, students may borrow up to $1,000 a year and a total of $5,000 for all higher education, with no interest rate while in school. Upon graduation a three per cent interest charge goes into effect with ten years to pay.
Congress has restricted funds to certain fields of study, such as education, engineering, modern foreign languages, mathematics, science and medicine. Elementary and secondary education majors also have the preference in repayment of the loan, in that 10 per cent of the amount borrowed is cancelled up to fifty per cent of the total loan for each year of teaching.
"We are hoping that congress will extend this cancellation to college
Official Bulletin
TODAY
Episcopal Evening Prayer, 9:30 p.m.
Daffodil Chapel
Le Certele Francais se réunirna merceder la Française. La Française M. Robert Neely fera une causeie, sur ils Hawaii Tous ceux qui ont français sont cordialement invites.
TOMORROW
COMMITTEE
All Student Committee, 7 p.m.
Surfweek, Rocca, Kansas Union.
Savannah Northshore House Inquirer Classes.
7:30 p.m.
Episcopal Holy Communion, 9:30 p.m.
Danforth Chapel.
SUA To Present French Speaker
A member of the French Atomic Energy Commission and an attache to the French embassy in Washington, D.C. will discuss the French position on atomic energy here tomorrow.
Pierre Falquet will speak at 2:30 p.m. in the Forum Room of the Kansas Union.
The talk is part of the Current Events Forum sponsored by Student Union Activities.
level teaching as well when they review and revise the act," Billings said.
Applications for loans are available in the office of Aids and Awards, 222 Strong Hall, on a first-come basis. Full-time students, in good standing in their work and in the University, and who show need for financial assistance are eligible.
Probabilities direct the conduct of the wise man-
Consequently, his financial planning includes a sound foundation of life insurance.
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