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Wednesday, October 3, 1934
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University of Nebraska-Lincoln
Vol. 84 No. 29
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C!!l ConraitBkHy Nebresfcen
Greenbacks far hardbacks.
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By Gene Gentrcp
Dtlty Nsbrasksa Sen&r Reporter
Editor's note: This is the third arti
cle in a five-part series examining
Where
Does Your
Money Go?
hoir student money paid to the uni
versity is spent.
The cost for college textbooks in
creases more each year. While buying
books, some students have spent more
than 5200. Used books keep the costs
down. But eventually books are revised
and rewritten, and a new publication
is put out at a higher price.
"The higher price comes from in
creased production costs" Dave Gil
bert, director of University Press, said.
Gilbert said that, although pubish
ers print books for profit, the high
production costs have limited the
amount of gain.
"The cost of paper and printing and
binding are increasing somewhat fas
ter than the consumer price index,".
Gilbert said. "The costs are goink up
rapidly."
Inflation is the primary reason for
higher book costs, he said.
"Textbook prices are not rising as
fast as they were three to four years
ago though, because inflation has
slowed down," Gilbert said.
According to the Union Bookstore's
textbook price list, students in Chemi
cal Engineering 381 were asked to buy
a textbook for $51.95. Agronomy 820
students didn't have it any easier
they were asked to spend $58.95 on a
textbook. The highest price for a text
book is in Educational Psychology 976,
where students are asked to buy a
textbook for $72.95. ,
Gilbert said the publisher and author
receive no royalties when bookstores
resell textbooks. Twenty percent of a
new textbook sale usually goes to the
bookstore.
Gilbert cited an example of an ano
nymous $ 1 0 textbook. He said the pub
lisher usually receives $7.50 of the sale
price, which is used to pay for the
book's costs, usually around 12.00. Of
the remaining $5.50, the author usu
ally receives $1 in royalties. Part of the
remaining $4.50 is used for miscel
laneous costs, and the rest for profit.
; . Costtoracd Fuse 7
Agencieso
By Jclin Hcfi&sxt -
DsTy FJekns Jean Staff Vitsr .
Once again, it is the time of the
year when tuition and housing
payments are due and money
bcccr.es more than just a neces
sity in the life of the typical col
lege student.
What is a student to do when
ready cash b high in demand and
low in supply?
Other t han borrowing from rel
atives or taking a part-time job,
which may interfere with study
time, the student has little or no
choice.
But there may be a solution.
Agencies like the Scholarship
Bank in Los Angeles and Student
College Aid in Houston have of
fered an alternative.
The Scholarship Bank and SCA
are privately owned, computer
ized scholarship and loan-locater
services.
iter mo
These businesses collect data
to determine which unused scho
larships and loans the student is
eligible for.
For "a modest fee" the informa
tion and application forms are
returned to the student. The costs
range from $45 to $55.
Both the services guarantee to
furnish the student with a set
number of "good" loan or scho
larship sources.
If the agency fails to supply the
required source list, a complete
refund is guaranteed.
Steve Dsr.2, director for the
Scholarship Bank, said approxi
mately five students receive re
funds out of about 10,000 stu
dents who apply each year.
' Ed Rosenwasser, owner of SCA,
estimates that about 8 percent of
almost 5.0Q0 students who apply
annually are refunded.
Processing fees for the Scho
larship Bank are $45 for 20 sour
er
y s
wees; out no guar
ike path gets boost
By Brian Hooper
DsJ?y Nebrssk&n SisSWrfter
A plan for a Lincoln-to-Omaha
bike path received sup
port from the Lancaster County
Board of Commissioners Tues
day. The bike path would follow
the defunct Rock Island rail
way from 84th Street and
Haveiock Avenue to South
Omaha, said Ernest Rousek,
vice president of the Lancas
ter Ecological Advisory Com
mittee. The right of way Would be
used for more than a bike
path, Rousek said. The 100-fbot-vrfde
path would be turned
into a park, providing a wild
life habitat with native grasses
and wildfiowers, adding to the
statewide arboretum system,
he said.
The 45-mile path already has
an excellent base with the rock
bed left by the railroad, Rou
sek said. He said the path con
sists of about 750 acres and
would cost $275,000 to
$400,000.
No definite plans have been
made to raise the money to
buy the land, but, Rousek said,
foundations would be contact
ed for money. Various clubs
also could buy sections of the
right of way and a plaque would
be placed on the path recog
nizing those clubs.
ces and $55 for 50 sources.
The SCA's processing fees range
from $45 to $49 for five sources.
This cost excludes payment for
packets, which list the available
governmental and non-governmental
scholarships. These book
lets and pamphlets cost $3 to
$3.50.
The Scholarship Bank offers no
governmental sources. "Ail 25,000
available scholarships are private
aid," Dans said.
In addition, this program offers
internships which are "excellent
work sources for the future," Danz
said.
Both institutions have services
designed specifically for gradu
ate students.
The risk of tjhese programs is
that there is no guarantee the
student will actually receive a
scholarship; loan, or internship.
"We guarantee that he will re-
ceive the sources," Danz said. The
rest is up to him."
Danz said the success rate of
the Scholarship Bank is 30 to 45
percent in scholarship aid and a
much higher percentage for loans
r
and internships.
Rosenwasser said that about
one in every five students receive
a scholarship or loan because of
the SCA program.
Continued on Page 2
The SCA packets or bookteU
include: 200 governmen
tal aid for students of middle
income parents; $5; S30
governmental scholarships and
loans, $3.50; 200 non
governmental awards, 3; and
250 aid for graduate stu
dents, $3.
Students who want mere
information on SCA services
should request the packet and
send money to SCA, 23 11 Deal
Si, Houston, Texas, 77025.
Students interested in get
ting a personalized printout of
financial aid sources from the
Scholarship Bank should send
la':.stamped,:se!f-addressed en-:;:
:vekpe to v Scholarship.:- Bank,-:
101C0 Sir.ta Monica 2600,
Los Ar.gdes, CaUl 0007.
Panhellenic Association sponsors
ireshman career planning pro
UNL freshmen can look into
possible majors at "A Career to
Experience," Monday at 10
sorority and fraternity houses.
The UNL Panhellenic Associ
ation is sponsoring the program
"to help students plan college
careers for their future careers,"
said Kay Rolof Penhelienic secre
tary from Alpha Omicron Pi Sor
Sorority. About 20 professors, students
and advisers will speak on career
planning, advising and class
scheduling. Question-and-answer
ons will follow the formal
tails, Eoloff s;
The program is open to aH UNL
freshmen. Most fraternity and
sorority pledges are expected to
attend, Roloff said.
"But we hope to have a good
response from the residence
hails," she said.
The program is free, and no
registration is required.
Sessions are scheduled to be
from 6:30 to 7:30 at the following
locations:
Natural science and pre-med
Alpha Xi Delta Sorority, 1619
R St
Journalism Kappa Alpha
Theta Sorority, 1545 S St.
Engineering Gamma Phi
Beta Sorority, 415 N. 16th St.
Undeclared Alpha Omicron
Pi Sorority, 1541 S St
Agriculture Ag Men Frater
nity, 3248 Starr St
Social Sciences, humanities
and fine arts Deita Delta Delta
Sorority, 1601 R St
Elementary and secondary
education, IIPEE Pi Beta Phi
Sorority, 426 N. 16th St
Business and vocational ed
ucation, home economics Al
pha Delta Pi Sorority, 1115 N.
16th St.
Business administration
Kappa Delta Sorority, 405 Univer
sity Terrace.
-Nsirsixi Aad dentistry Delta
Gamma Sorority, 400 University
Terrace.