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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (June 16, 1976)
ti of those ;ed to tli n. ■led ovei l ges, re. ural pro- IOTC «. evidence tramurals freshnm said Social Security benefits often overlooked by young Vou may be carrying a life insur- Corps tf nee policy worth over $100,()()() and ot realize it. Social Security is so often equated itli retirement benefits for the Ider worker that the tremendous otection it provides younger orkers, especially those with milies, is often overlooked. Young families often are unaware hat the working parents’ social se- irity coverage can mean to the fam- theposi- yshoulcl the parent die or become that par- jsabled. Although average pay- d grades if'ts to the disabled worker and ents wto imily or to the deceased worker’s ^sarealso i^y are $475 a month, it is not involved nusualfor Social Security to certify y, includ- ayments of $800 to $900 a month to eter con- milies with three or more eligible If ds. individuals. The highest payments go to families of workers who be come disabled or die in their twen ties and who have had maximum earnings in the last two years. The Social Security Administra tion feels there are many workers who are not aware of these benefits. A booklet entitled “Social Security Information for Young Families’’ is available free. Disability benefits are paid to an insured worker and his dependents (spouse and children) and to the de pendents of a deceased worker; maximum family benefits are pay able as long as there are three be neficiaries. Benefits to children are paid until they are age 18, or to age 22 if un married and attending school full time. Benefits to widows and widowers are payable if there is a child under 18 (or totally disabled and needing personal services) in her or his care. The widow can re ceive widow’s benefits from age 60 on, or from age 50 if disabled. It does not take a mathematician to realize that social security cover age is worth $100,000 (and even ap proaching $200,000) during the crit ical period of a worker’s working years. If you have any questions about social security, please check with the local office in person or by phoning 822-1371. Sales tax process rewritten AUSTIN — Comptroller Boh Bul lock said Tuesday his off ice has re written sales tax procedures on ag- Icultural exemptions to make them as easy to read as a mail-order catalog. Inflation has squeezed the' farmer and rancher tighter than a bale of wet |ay,’ Bullock said. “Our new proce- jures are clear enough for them to be able to take advantage of the sales (axexemptions to which they are en titled. The new procedures will he effec tive about July 15, he said. The comptroller said the proce- iires clarify the fact that the follow ing items are exempt from the sales : expendable supplies such as band tools, baling wire, binders twine, hardware, tires and lubri cants for farm machinery; fences, pens, gates, cattle guards and ebutes; and structures that can be considered a piece of equipment, such as automated laying houses and farrowing houses. However, most farm buildings, such as barns, ga rages, warehouses and family dwel lings, are taxable, he said. Exemptions for farm machinery and equipment and storage facilities will beclearcut, Bullock said, as well as the general exemption for all medications and tonics given to farm animals. In addition, he said, the term “farm and ranch has been clearly defined for the first time. Bullock said the new procedures tie in with Internal Bevenue Service regulations. Proof that the IBS has allowed an item as an investment credit will be evidence that the item should he exempted from the sales tax, he said. However, he emphasized, any farmer or rancher seeking an exemp tion must have an exemption certifi cate on file with the retailer at the time of purchase. The comptroller said that persons needing more information about the new procedures may call the Com ptroller’s Office toll-free at 1-800- 292-9687. LEVI STRAUSS & C0. SAN FRANCISC0.CAL trixnmz QUALITY XX Old bill on food stamps inactive 611 Households receiving rental or mortgage supplements from the Department of Housing and Urban Development may be entitled to in creased food stamp benefits. The Department of Public Wel fare has announced that the housing supplements paid under the pro visions of the Housing Act of 1937 no longer be considered as in come for food stamp purposes. AvM to study iktance effect m pricing Dr. M. L. Greenhut, distin- juished professor of economics at Texas A&M University, has been awarded $6,400 from the National Science Foundation (NSF) to con tinue research into industrial pricing schedules of firms selling over costly distances. Greenhut’s study investigates the impact of distance on pricing. Greenhut believes, on the basis of earlier research, that laws can be de vised that will be less restrictive, yet will provide stability and public pro tection. The underlying objective of the sssaich \s to \earn which types of firms use what types of pricing policies in selling products over dif- ment distances, ” he explains. The change is retroactive to Oc tober 8, 1975. This means that all households which have been denied food stamp benefits or have been participating at a reduced rate be cause of prior policy may be entitled to retroactive benefits or refunds. Further details on the new regu lations may be obtained from any food stamp office. '■^>i3aaaai5E in U.S.A. 100% t BIG BELLS, FLARE LEGS, BOOT CUTS & SHRINK- TO-FIT ... All from Levi’s in 100% Cotton Blue Den im. TOM’S PANTS 800 VILLA MARIA 823-8213 Across from Manor East Mall NOW OPEN in NEW LOCATION See/ Oj,j, 1 TOM’S BARBECUE Formerly ARNOLD'S BARBECUE in College Station Catering Service Now Located at Orders to / \ 4613 S. TakeOut / \ Texas Ave. Mon-Sat. j ] 1 Vz Blocks 10am-8pm V LfrUJlKJ North of (713) 846-4275 University Drive Tom Beltrand, Prop. Slow Cooked Pi t Barbecue Student aid money granted to postsecondary education THE BATTALION WEDNESDAY, JUNE 16, 1976 LAKEV1EW CLUB M Page 9 * More than $943 million has been awarded to postsecondary education institutions across the Nation to sup port programs of student financial aid during the 1976-77 academic year, HEW’s Office of Education has announced. The awards will fund the federally supported Supplemental Educa tional Opportunity Grants (SEOG), National Direct Student Loan (NDSL), and College Work-Study (CW-S) programs in 50 States, the District of Columbia, Guam, Puerto Rico, and the Virgin Islands. Texas will receive $9,747,481 for the SEOG, $11,249,550 for the NDSL and $20,483,063 for the CW-S. Awards in excess of $238.5 millon for SEOG will provide grants to ap proximately 442,500 exceptionally needy undergraduate and vocational students enrolled at 3,517 institu tions. The grant range from $200 to $1,500 a year, with a ceiling of $4,000 for a four-year course of study. Anyone receiving an SEOG will receive at least an equal amount of additional financial assistance from some other source adminis tered by the college or school. A total of $317 million went to 2,867 institutions for NDSL. Stu dents under this program may bor row up to $2,500 for vocational study; up to $5,000 for all of under graduate study; and up to $10,000 for graduate study. An estimated 825,830 loans will be made through the NDSL program during the academic year. Nearly 894,000 students at 3,215 institutions this year will be able to earn a part of their education ex penses through the CW-S program. The Federal contribution of $388 million will pay 80 percent of the salaries. Students may work be tween 20 and 40 hours a week at jobs arranged by the college or school. The jobs may be on campus or with a public or private nonprofit agency such as a hospital or day care center. The three programs are au thorized by the amended Higher Education Act of 1965. 3 Miles N. on Tabor Road Saturday Night: David Wills and The Lone Star Express From 9-1 p.m. Ladies $1.00 / ?y* M ^ D A E M ^ ery D I^ rSt !i a n y Men $2.00 (ALL BRANDS BEER 40 cents) Every Tuesday Nite LADIES $1.00 MEN $2.00 All Brands Beer 40c 8-12 Dance every Tuesday and Thursday The Bacardi Driver. Zippier than a screwdriver. Easy as 1,2,3* Pour 1 Vi oz. Bacardi light rum over ice in a tall glass. Pour on ice cold orange juice. 3 Squeeze and drop in a lime • or lemon wedge. Now you’re ready to sip some zip. Because Bacardi and that hint of lime or lemon really turn on theOJ! BACARDI g, rum. The mixable one. © 1975 BACARDI IMPORTS. INC.. MIAMI. FL. RUM 80 PROOF. "BACARDI” AND THE BAT DEVICE ARE REGISTERED TRADEMARKS OF BACARDI & COMPANY LIMITED. JR. SHOP SIZES 3-13 A X .ULlrift.l r (/.^-hlliLUb UoD,It o fUTAKE A BREAK i FROM STUDYING AND MAKE A SAFARI INTO THE CLOTHES HORSE JUNGLE. NOW IN STOCK: Hand-Painted T-Shirts from Yo-Bo . . . Choose your Beast and mount it (on your chest) 3801 E. 29th 846-2940 Town & Country Center WELCOME FRESHMEN RESERVE OR PURCHASE YOUR FALL SEMESTER NEW OR USED BOOKS NOW & BEAT THE RUSH NO DEPOSIT REQUIRED TEXAS A&M BOOKSTORE IS OWNED BY THE UNIVERSITY AND ALL DISPOSABLE PROFITS ARE RETURNED TO STUDENT ORGANIZATIONS. TEXAS A&M 500KST0RE . inventory clearance, , sale! TO MAKE ROOM FOR NEW MODELS, WE HAVE REDUCED PRICES ON MANY COMPO NENTS. HURRY, BECAUSE QUANTITIES ARE LIMITED. FANTASTIC SYSTEM DEALS ARE AVAILABLE TOO! ■ —KEIMWOOO ■ 1 Kenwood KR-7400 Receiver Reg. Sale $519.95 $449.95 2 Kenwood KR-5400 $379.95 $299.95 Receivers 2 Kenwood KR-4400 $299.95 $259.95 Receivers 3 Kenwood KP-1022 $134.90 $ 99.95 Turntables with Audio-Technica At-10 Cartridge 'STUDIO 1 Pair Studio 212 Speakers 2 12” woofers, 2 3” midrange, 1 21/2” horn ~ Reg. $599.95 CLEARANCE PRICE $299.95 IN THE MEMORIAL STUDENT CENTER