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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (March 22, 1982)
local Battalion/Page 3 March 22, 1982 oans Officials: Cutbacks to have little effect on student aid by John P. Lopez Battalion Reporter btuckius unable to attend col- e without some type of finan- laid don’t have to worry ab- |t recent government grant backs, says the assistant dire- r of student financial aid. “There will be less grant mev, and in the long run, re will probably be less loan §)nev," Clair E. Fink said, “but el students will still be able to lend A&M if they want to.” Congressman Phil Gramm’s I ess secretary. Mark Holcomb, I Respite what some hople believe, the cut- licks do not affect the I isis on which money is anted. It's based sole- on a family's income and it will stay that way. ” I-MarA: Holcomb, press I cretary to Congress- Man Phil Gramm. Id Gramm feels the same way | the issue. “There is no danger for stu- Ints that truly need financial | istance," Holcomb said. “Students who have a defin- i lie need will get aid. The cut- l:ks will in no way prohibit a I dem from attending school |MB:ause of a lack of f unds.” H The overall ef f ects of the cut- [Mlc however, can already be seen in the number of students receiving aid at Texas A&M, Fink said. “The number of basic grants in 1980-81 was 3,637 with a pay out of $2,592,000,” he said. “This year, it is down to 3,100 with a payment of about $2 mil lion.” A more significant decrease was evident in the number of loans granted. Approximately 50 percent fewer people have received loans this year than in 1980-81. Last year, over 5,800 people were granted loans, while this year 2,978 people re ceived loans. Also, in 1980-81 $13.5 million was loaned to Texas A&M students while less than $5 million was granted this year. Despite these decreases, Fink said Texas A&M will not be affected as much as other schools because it is compara tively less expensive to attend. “Boston University costs $10,000 a year, Harvard and Yale cost $12,000 and we are only estimating $4,800 for 1982- 83,” he said. Fink also said exact estimates on how much Texas A&M will be affected are hard to deter mine since the basic grant for mula and the cutoff point for guaranteed student loans are still being debated in Congress. “We’re still on a wait and see basis," he said. Holcomb agreed with Fink saying that the exact dollar fi gure on the cutbacks is not defi nite. “Congress is currently in the process of examining possible changes,” he said. “We will have to see how the budget works out.” The National Association of State Universities and Land- Grant Colleges, however, stated in a news release that the Reagan administration’s proposals would result in a $716 million loss in student aid. The associa tion also stated that over 830,000 students would be affected. Both Fink and Holcomb also agree that minorities will not be affected more than other stu dents. “Despite what some people believe, the cutbacks cio not affect the basis on which money is granted,” Holcomb said. “It's based solely on a family’s in come, and it will stay that way.” Fink said minorities will not be affected since there are va rious scholarships that are also available to them. Another effect of the cut backs is an increase in short term loans and an increase in the number of students applying for scholarships. “Students need the short term loans to help tide them over since other loans are not avail able,” Fink said. Increase in short-term loans expected this year MONDAY by Steven B. Larkin Battalion Reporter The Texas A&M short-term student loan program is ex pected to lend more then $2 mil lion by the end of this year. The program was established to provide financial assistance to students who experience tem porary difficulties in paying educational- related expenses. Funding is provided by the Association of Former Students and several endowment funds. “The federal funds cutback, due to the Reaganomics approach, may be a reason the short-term loan program is being used more,” said A1 Bor- mann, Jr., assistant director of student financial aid. Last year, the program loaned more than $1.2 million to over 4,000 stu dents. The average loan was for $300. eadline today for Editor applications leu Today is the last day to sub- 11applications for the 1982-83 I itorship of the Aggieland and II 1982 summer and fall edi- |rships of The Battalion. Applications may be obtained the Department of Communi- tions office, 301 Reed McDo- ild, and must be submitted bv p.m. to Bob G. Rogers, chair- in of the Student Publications wrd, in 301 Reed McDonald. The Battalion summer editor I serve from May 3 through g. 30. Qualifications for editor of The Battalion are: — 2.0 overall and major grade point ratio at the time of taking office and during the term of office — at least one year of experi ence in a responsible editorial position on The Battalion or a comparable student newspaper or at least one year of editorial experience on a commercial newspaper or at least 12 hours of journalism including Journal ism 203 and 204 (Reporting and Editing 1 and II) or equivalent. The 12 hours must include com- ork lost to pain pletion of or enrollment in Jour nalism 402 (Mass Communica tion Law) or equivalent. Qualifications for the Aggie land editor are: — 2.0 overall and major GPR at the time of taking office and during office — at least one year in a re sponsible staff position on the Aggieland or equivalent year book experience elsewhere. The Student Publications Board will interview candidates and nominate editors Monday beginning at 4 p.m. in 301C Reed McDonald. United Press International INEW YORK — Headaches pc Americans to lose an esti- pted 124 million workdays per ar. according to a report in i and Country magazine's arch issue. | The survey said about 45 mil- Americans get headaches Id spend about $1.2 billion a tar on remedies. About $6.2 lillion worth of productivity is V “Ninety percent of chief ex ecutive officers and 80 percent of advertising agency presidents get headaches, compared to 70 percent of the general popula tion,” the survey says. About 90 percent of headaches are caused by ten sion. Organic headaches from skull injuries and migraine and cluster headaches are other types. LUTHERAN STUDENT CENTER 315 N. College Main Thu. 5:15 p.m Call 822-7303 ■ r Weight Watchers International Inc 1982 “ 02 Corrective Skin Therapy Skin Care Products Electrolysis Therapeutic Massage Body Wraps Bikini Line •N x k\ 707 Texas Ave. Suite 109. College Station Texas 693-5909 Since federal cutbacks started, more students are using the short-term loan program. Last fall, 1,670 students bor rowed $540,000. During the first 60 days of this spring semester, $531,000 has been lent to 1,545 students. With a half year still remaining the program has loaned exactly $1,720,076 to students. Despite the large number of loans made, the default rate is less than a 1 percent. There are other short-term loan programs availiable to stu dents. These loan programs aid students who need assistance in purchasing senior rings, senior cadet uniform items, travel money for interviews and emergency medical money. “This university has been blessed by the giving spirit of former students who are con cerned about the students cur rently attending A&M,” said Bormann. A unique loan program is one that allows a student to borrow up to $30 for one month. The “little loan program” is designed to help students through a rough month. 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