Newspapers / The Cooleemee Journal (Cooleemee, … / April 14, 1966, edition 1 / Page 8
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BLUES LAMS ARE AVAILABLE TO LOCAL STUDENTS aSk-iBA--- ■ jSag day has arrived when • apr Qualified person without aMoickel in bis pocket can go tt&ooliege, says Dr. Howard P4b Boater, director of the &Fih Carolina Board «f High- Whe gateway for this Oppor tunity was opened November g_ when President Johnson mud the Higher Education Jrt otf 1965. Last month ma chinery lor implementing ngrtsoffche Act In North Caro lina was act up when Gover jSOr Moore established the 'governor's Higher Education financial Assistance Pro MVIE DRIVE-IN THEATRE * MOCKSVIIXE, N. C. +- i ■ Frl. - Saturday and Sunday April 15,16, 11 "Straige ; Bedfellows" In color KOCK HUDSON and "Disorderly Orderly" In color JESBY LEWIS cartoon Shaw starts at dusk ADULTS 75c Children ander 12 free SAVE!L , SAVE! All Meats, Low low Prices | _ A^GOO^PRICES SIDE MEAT lb. 49c i I Atlantic Gas Try our MEATS fIHMMi & Oil i»" 127 CAMERA OUTFIT Prices Slashed On All Drip-Dri Cotton Materials ; Delta-$7.50 now $4.98 FISHIHG EQUIPMENT re*. 89c - now 59c yd. Zebco 202 Spinners, reg. $5.95 14 * CAHE 3 * sale price $2.99 jy 2 medal rods screw "' n re 8- 51.98 J1.35 Zebco 33 Spinners, reg. $19.95 reg. $2.95 - $2.59 SPOOL LINE, approx. 663 yds. sale price $9.25 4 ft. RODS, reg. $1.98 - $1.15 reg. $3.00 - $1.50 Lures, lines, and sinkers and hooks at low prices GNMMiT am i sans MOCKSVIUE, RT. 4, N.C. | I If ■ MIS. OUIVS WMNEI - OKMTN - OFF Ml - 1 MILE OR OEMMMI 10*0 j, „ nn tme IV of the Ant »»- H three aaahi ways: (1) tola «ai i>"^-4hM**h? By taking advantage of one or more of these benefits, an eligible person can meet ex penses at nearly any college. NOT HANDOUTS Their availability marks a major advance in the Ameri can dream erf equality of op portunity. The benefits are not "handouts," however. The Government plays the role of the benefactor who offers help on the prepositional basis: "want it—earn it." How then, does the person wanting college go about earn ing it? Dr. Boozer describes the procedure in North Carolina. Inquiries concerning stu dent assistance should he nade of the financial aid of ficer of the college which one attends or wishes to at tend. As the processing agent of applications for assistance at his institution, the financial aid officer is the pivot man for working out required de tails. It is unnecessary to contact other persons or agencies about the assistance program, says Dr. Boozer. All college financial aid officers should have complete information. Specific facts about the three kinds of assistance avail able: Scholarship Grants (1) Annual scholarships, called educational opportunity grants, range from S2OO to SI,OOO a year. They will be available this fall. The only criteria for eligibility are need and ability as judged by the institutions. First-year grants may ex tend from S2OO to SBOO, with an equal amount provided from an institution's scholar ship or loan fund, including Federal, State or private fi ifancial aid programs For the student who ranked in the upper half of his class during the preceding year, the maximum amount may be in creased by SBOO. paiace the flMlwa yonth froa m low li—i family who wanld be nnahie, with ant the aid, la attend college. In fact, institutions are re quiied to seek and identify such youth working closely with high school officials and making conditional commit ments for grants to than, es pecially those in grade 11 or lower. Efforts will be made to pub licize the availability of stu dent aid and to encourage high school or college drop outs with academic talent to re-enter school. Principals and guidance counselors will play important roles in making the benefits known to students. Narth Carolina's allocation of Federal faads appropriat ed far scholarship grants for the cart-eat fiscal year is SI,4IMM. The funds are allotted on the basis of college enrollment in the state. Allocations among the colleges in the State are made under equitable criteria established by the U. S. Com missioner of Education, Harold Howe, 11. LOANS (2) The student loan pro gram guarantees low-interest loans up to SI,OOO a year for undergraduates and $1,500 for graduate students of parents whose adjusted annual income is less than $15,000. It aims at helping youngsters from mid dle and upper-middle income families who increasingly are feeling the squeeze of rising educational costs. Loans will be available for the 1966-6" academic year. Overall loan limits are $5,000 (undergraduates) and $7,500 (graduate). The Government pays all interest up to six per cent while the student is in college and three per cent interest after graduation. The student pays the other three per cent plus one-half of one per cent as an insurance premium. Repayment is not required to begin until nine months after graduation, with an ad ditional three years' deter ment if the student is in the armsd forces, the Peace Corps or graduate school. Interest would accrue during the de ferred period, however, and would have to be paid. of loan most be repaid within II years of the beginning of the repayment period, or IS years of the exeratian of the note, exclusive of the pos sible three-year niidwhw Annual interest on loans is generally limited to six per cent on the unpaid principal. Students from families with adjusted incomes of more than $15,000 are not entitled to re ceive partial interest payments but may get loan insurance. North Carolina's allocation of Federal funds appropriated for insuring the loans for the fiscal year 1966 is $224,000. ASSISTANCE AUTHOWTY On February 24, Governor Moore activated the State Edu cation Assistance Authority and announced the "Gover nor's Higher Education Finan cial Assistance Program." In activating the Assistance Au thority, Governor Moore desig nated it as the State agency to insure loans made under the provisions of the student loan program as set forth in the Higher Education Act of 1965. The administration of the As sistance Authority is through the State Board of Higher Education, directed by Dr. Howard R Boozer. The Authority, established by the 1965 General Assembly through a bill introduced by Senator Russell Kirby of Wil son to receive funds from Fed eral, State or non-governmen tal sources, works closely with the State Board of Higher Education. Any eligible financial insti tution (bank, savings and loan association, insurance com pany, credit union, State agen cy, college or university, etc.) may loan money to students under the insured program; the College Foundation, Inc., has been specifically named as a lender because of its sta tus as an established non profit student lending corpora tion in North Carolina. The Callage Foundation, lo cated in Raleigh, is directed by Duffy L. Paul. It makes loans to student* on behalf A the banking industry in North Carolina and has offered its services to other eligible lend ers. Funds borrowed by the Foundation from the banks are then lent to college stu dents on the recommends tiocs off the student financial aid of ficers in the colleges. PART-TIME JOBS (S) [Work-while-you-learn" jobs (work-study program) pay students a basic rate of (1.25 an hour but can go up for highly specialized work. The average earning a year is SSOO. All teeiy students are eli gible, net just those from low-income (S3,MO a year «r less) famßtr.s as was former ly the ease. Students from the low-income families wiß still be given first prefer ence to Jabs, however. Ninety per cent of the pay to students is borne by the Government, the remaining 10 per cent by the employer. Jobs are available now at most institutions. Students may work up to 15 hours a week while attending college full time, and during the summer they may work full time on a 40-hour week basis. Work may be either for the college or for an approved off-campus non-profit agency. On-campus jobs may include work in libraries, laboratories, dining halls and maintenance. Off-campus jobs are assign ed in public or non-profit or ganizations and include work in health, welfare and recrea tion activities. The North Carolina Welfare Department's Community Ser vice Division under T. A. Gui ton has developed a plan to coordinate the off-campus phase of work-study program for the colleges. The Welfare Department's service, endorsed by the U. S. Office of Education and the North Carolina Board of High er Education and considered as the forerunner of a possible national model, helps needy youngsters attending or about to enter college to get jobs during summers in their home sMTtaniprf Mm'rf imttmt to wt* wttfc the Wei ' available. Local s#wcif 4m -1 Welfare Department, fta f Mgfc. I Student employment is not : to displace regularly employ ed workers or impair existing contracts or services. North Carolina's allocation of Federal funds for the fiscal year of 1966 is $3,421,000. Broadening of student eligi bility requirements for parti cipation in the work-study program provided by the Act is expected to increase the number of colleges taking part ■in the program. Thirty-eight North Carolina colleges took part in this program during the past school year. LOAN FORGIVENESS Part D of Title IV off the Higher Education Act off 1965 amends the National Defense Education Act off 1958 to pro vide a "forgiveness" increase to 15 per cent a year for each year in which a student bor 1 corned mi and cnnmw ® crepes suzettel 'most any dish youwish! 0 • Fast-Fraaza shelf wraps foods in cokL m • Slide-Aside basket for often-used food* —• Haw Powar Capsule-True Food Securtyl ll| |fod«l CF-17K, tESS Farmer's Hardware & Supply Co. Mocksville, N. C. 8 APRIL IS WEST ROWAN HERE 4* APRIL It MOORESVTLLE THERE 4 M APRIL 22 CHILDREN'S HOME THERE APRIL » EAST ROWAN HERE 4* APRIL 29 NORTH ROWAN THESE 4« MAY 6 MONROE HEBE 4* j MAY 10 WEST ROWAN THERE 4 JM MAY 13 MOORESVTLLE HERE 44* rower teaches in a "hardship" elementary or secondary school. This means that a teacher can clear his whole obligation to the NDEA loan program without repayment by teaching for seven years in a school designated by the U. S. Commissioner of Educa tion as having a high concen tration of students from pover ty-stricken families. All benefits of the students assistance provision of the Higher Education Act of 1965 add up to one point; money no longer is a stumbling block to a person who wants to go to college. Widows between 60 and 62 who would qualify for social security benefits at 62 may elect social security bene fits now. Ask your local so- cial security office for more information. Only people 65 or crver are eligible for Medi care "DEAR ABST MAS GOOD ADVICE In the affairs of the heart and home, husband and wife, sweethearts and lovers, Dear Abby is an expert Want some good advice, presented in • readable, enjoyable style? Read "DEAR ABBY" ... m regular feature every Sunday in THE NEWS AMUUCAIf On Sale At four Lnl Newsdealer
The Cooleemee Journal (Cooleemee, N.C.)
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April 14, 1966, edition 1
8
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