Sumninrter Mebras can Number Five University of Nebraska-Lincoln July 13, 1978 r ummAmmgpm win w, Credit union, fund drive ready in fall Marienau Govemmenf J Growth! 1 1 ci SI fsVnPGovern I varowth! I aa . - m . HtDUCE ;9ner Taxes! Photo by Kent Swain This man and others across the state last week submitted nearly 78,000 signatures to Secretary of State Allen Beermann. If 46,696 are verified a constitutional amendment to limit the increase in local government spending to five percent will be placed on the ballot in November. Plans for a student credit union, a fund drive and a university carpool should be completed by the end of the summer, according to ASUN President Ken Marienau. Marierau said he is "90 percent sure" that the projects will be implemented in the fall. Students would be able to deposit money and earn a higher rate of interest than at a bank probably around five and one half percent. Loans would be made to students from deposits at less than 12 percent interest, Marienau said. He said student organizations would be encouraged to deposit their money, which would earn interest as well as benefit students. All deposits would be insured by the Federal Deposit Insurance Corporation. Marienau said the office would be ASUN organized and probably staffed by volunteers. Another project, the student fund drive, is to encourage students to support the university and to make improvements students want, Marienau ex plained. The money raised will be deposited and the interest accumulated will be used for "purely descretionary type projects" such as funding a student research project. ASUN hopes to get fraternity and sorority pledge classes to do projects for the fund drive. Attempts will also be made to get outside business pledges to match student donations. A committee to designate use of the money would be separate from ASUN, Marienau said, to make sure decisions have no political basis. He said that ihe board probably would solicit proposals from students for using the funds. The carpool proposal would be a "way to serve off rival! school students get ai By Amy Lenzen College students in Nebraska who attend private schools would be eligible for more financial aid than their counterparts in state colleges or universities under a revised formula for distributing financial aid money to needy students. The Nebraska Coordinating Commission for Post secondary Education Friday approved a new procedure for allocating State Student Incentive Grants (SSIG) $340,000 in federal and matching state funds. The new procedure must be approved by the attorney general and the governor before taking effect. The formula was revised because the Legislature passed a bill in April making students attending private schools eligible for the funds for the first time. The bill was passed although Attorney General Paul Douglas said he believes it violates the constitution which prohibits giving public money to private schools. Jack Ritchie, director of scholarships and financial aids, said that a student attending a private school who receives the same amount of money from his parents as a student attending a state supported school, such as UN-L, would get more financial aid because the cost of attending the private school is higher. On the inside.... Ribbet page 2 Let 'em in page 4 Piggie page 5 Cheap Detective page 6 The formula for determining need will be the same formula used to distribute BEOG (Basic Educational Opportunity Grant) funds. Under the new formula, one student could receive a maximum of $1500. If there are more applicants than funds each grant would be reduced proportionately. Ritchie said that last year SSIG funds to Nebraska $490,000 were distributed to all schools, public and private, in the state. This money was matched by each institution. This year the Legislature designated $170,000 from state general funds to match $170,000 of the federal funds. A remaining $250,000 of federal funds will be distributed to all schools as before, Ritchie said. UN-L students will need to make a special application to receive part of the matching state and federal funds, Ritchie said. The application deadline is in September and application forms should be available by the end of July, he said. UN-L's portion of the $250,000 will be distributed to other students who apply for financial aid. Whether the amount of money UN-L students receive is reduced as a result of the new formula will be determined by the number of applicants for the program, Ritchie said. Free drop and add deadline July 26 The last day of free drop and add for fall registration is July 26. There will be a $5 fee for processing dropadd forms after that date. Drop adds are processed in Ferguson Room 21. 1 to 4 p.m.. Monday through Friday. It will be closed July 17. however. Each student should bring a copy of his or her class assignment report, a completed dropadd form (forms can be picked up at Administration Building 208). the call number for each course to be added or dropped, call numbers for alternative sections or courses, and a pen or pencil. campus students who have been pretty well ignored," Marienau said, as well as reduce the amount of cars in the lots. He said an application and explanation of the program will be run in the Daily Nebraskan this fall. Applications would be compared and participants would be given a list of people who would come to and leave the campus at the same time as themselves. Marienau said ASUN has approximately 20 other projects that they are actively working on including re-organizing the annual migration game. This year the migration will be to Boulder. When ASUN designates the migration games, students automatically get one fifth of all away tickets, Marienau said. The tickets are distributed by the athletic department by lottery. Marienau said organizers will try to go back to the traditional migrations games of the past and do more than just get several hundred tickets for students. One proposal is to establish a pre-game headquarters. He said they want the game to have a "little more fun and a little more meaning" than it has in the past few years. Another major project of the group is the establishment of a student advocate group which will be a spokesman for students at school board, county board, and city council meetings, whenever educational issues are involved. There is "something wrong" Marienau said when budgets and issues related to student concerns are acted on with little or no student uigut. Some other ASUN projects incluJe an investigation of all student fee money, a study of the regents structure, a feasibility study of a voting student regent, and a study of ways to fund speakers. ASUN will meet July 22, Marienau said, to discuss and finalize plans for several of the projects. hilars THIS STREET TO CI "SB l I t! PC ' -.TV . . - v. , . f - j l' -, w,.V I J "A ' ' i ' , ' f I w l " . jk ri -, , I ." -. I 1 1 1 'if ir in. umiI Phoro by George Wright Vine Street will be closed this week because of a resurfacing project. See story, page 3.