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Monday, November 20. 1989 / University Daily Kansan
Weather
Sunny
HI: 67"
LO: 40"
TODAY
Kansas Forecast
Pamly cloudy and warm over the entire state. Highs in the upper 60s in the north with low 70s in the southern portion of Kansas. Lows around 40'.
Dodge City 75/41
Salina 69/39
Wichita 72/41
KU Weather Service Forecast: 864-3200
Monday - Partly cloudy and warm. Northwest winds 10-20 mph. High 67°. Low of 40°.
Tuesday - Mostly sunny skies and mild. High 62°. Low 38°.
Wednesday - Turning cooler and partly cloudy by late afternoon High 57°. Low 32°.
5-day Forecast
Thursday - Cooler and dry with partly cloudy skies. High 46'. Low 28'.
Friday - Mostly sunny and cool. High 44". Low 27".
Thanksgiving Hotline 064-4329 or 064-4547
Undergraduate students can borrow up to $1200 a year and graduate students up to $2,400 a year, Shunk said.
Endowment Association keeps students in black
"We try to set that maximum so that we have enough funds for other students who need loans," he said.
"I just talked to them recently." Maupin, Roseland Park, junior said. "They're very friendly."
By Cory S. Anderson
Kansan staff writer
Maupin, like many students whose money has run out or is slow in coming, has turned to the Endowment Association for help. The association has loaned about $800,000 to students this semester, said Bill Shunk, director of association loan programs.
David Maupin has two choices. He'll either be broke or get an emergency loan from the Kansas University Endowment Association.
"This is money that has been donated to the University by alumni and friends," Shunk said. "They have requested that the money be loaned to students in financial difficulty to help continue their education."
Most of the loans are of a supplementary nature, Shunk said. Loans are usually approved for any important expense, including food and rent.
and $800 dollars, Shunk said, and most are made at the beginning of the semester.
"Most of our loans are made at enrollment time to pay tuition and buy books," he said. "We provide these loans until students can get other financial aid."
The loan program started in the 1930s, Shunk said. It is not publicized because students are encouraged to seek the cheapest types of financial aid and many other loan programs charge less interest than the Endowment program, which charges 6 percent annually.
The average loan is between $700
Robert Karkafi, Lawrence graduate student, has received six or seven awards.
"I get all my money from overseas," he said. "When it gets delayed they help me out."
Karkafi said he liked the program because it was simple to apply.
"It's easy to do," he said. "Also, they are fair about paying the money back and giving you extensions if you can't pay it back."
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