The daily Nebraskan. ([Lincoln, Neb.) 1901-current, August 30, 1973, Page page 7, Image 7

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    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