1 ,200 UNL students shortchanged by aid cutbacks By Nancy Stohs Work-study, student loans, scholarships and grants once gave low-income students a means of financing a college education. For about 1,200 UNL students this fall, dif f icult-to-get federally insured bank loans or part-time jobs seem to be the only avenues left. Either that or drop out of school. That's the estimated r iber of UNL students out c 6,000 who applied on time but were shortchanged this fall Ixjcause of federal student aid cutbacks of $754,954 last spring. This does not include 700 NEW ELASTICIZED WAIST on corduroy jeans by DESTINY is a cinch for today's limi J active life, making pants easy to get rjW I rXJ? Jm into and comfortable to move flll $&kkr If around in. (After all, every -II 1 VA big kid remembers when Vi II he was a little kid and jj 11 life was comfortable) vf II If Great to team up il If with our specially l Iff If designed Rugby shirts, and with Destiny's II If vests and jackets. j"""' J jj It (Of course, we I f II Hi-rise waistband J i v if I If and cuffs, too) A ( I 1 It IN A CLASS BY ITSELF If J I THEPl or 800 late applicants who weren't given funds, according to Jack Ritchie, financial aids director. The application deadline for incoming freshmen was Feb. 15 and March 1, 1973 for upperclassmen. No funds were given students with financial needs of $1,400 or less. Financial need is determined by family income. According to Ritchie, federal funds were denied because the 43 figure of financially needy students estimated by UNL in their fund application, was so much higher than the state college average. Ritchie said the cutbacks probably affected the enrollment drop expected at The other current option getting federally-insured loan through the student's hometown bank -promising. Many banks either deny loans to underclassmen or set ceilings on individual or total dollar amounts loaned to students. In early August, the State Investment Council disbanded Nebraska's student loan program, which had given about 1,100 loans using S1.2 million in state funds. The loans were authorized by the 1972 Legislature and permitted the Council to use state employes pension funds to buy federally insuied loans made by banks to students. STARTS TOMORROW! From the novel by KURT VOrofUEGUT, JR. 5k n 3 f) He survived the deadliest day on earth to enjoy the sexiest night in outer space! I I I " A GEORGE ROY HILL PAUL MONASH PRODUCTION SLAUGHTERHDUSE-p n A unwiai fttw . TECHNICOLOR ...... RJI I f ?' 'rf)''-w-f ' f' '; Fleuiottc. By Orange Blossom A solitaire held m a band ol WKgoid Reflecting a heritage of lo.o as old as time. As- young as the dawn ejS .... .Wu. ...... Serving Lincoln Since J WS 1129 "OmS1KH-;T& (IA1 t WAY MAI I Reautercd Jcwlnrt Arrn-ncan Gem Socit'ty 6 v J ihursday, august 30, 1973 daily nebraskan I),ni'' 7