1969-1970 Academic Catalog

ADMISSION AND FINANCES 25 National Defense Student Loans are available through the college to stu– dents who are citizens of the United States and who can demonstrate financial need to meet educational expenses. Detailed information and application forms are available from the Director of Financial Aid. There are specialized loan funds available to students who meet the proper qualifications such as the McChesney Memorial Loan Fund for residents of Greene County, Ohio, the Bancroft Loan Fund for missionary candidates, the Polly Leunk Memorial Fund, and the JEC Memorial Fund. A very limited amount of money is available to students with special needs through the college Student Aid Fund. Other education loan programs may be available through local banks or specific organizations. High school guidance counselors can give you infor– mation concerning these. Farm children can arrange educational loans through their local Production Credit Association office. The Director of Financial Aid can supply information concerning the above loans as to banks servicing these loans and specialized qualifications. COMMERCIAL PAYMENT PLANS FOR EDUCATIONAL COSTS This plan enables students and parents to pay education expenses in monthly installments. Low cost deferred payment programs are available through nationwide organizations specializing in education financing. All plans include insurance on the life of the parent and the student, total and permanent disability insurance on the parent, plus trust admin– istration in event of the parents' death or disability. Agreements may be written to cover all costs payable to the school over a four-year period in amounts up to $14,000. Parents desiring further information concerning these deferred payment plans should write the Business Office, Education Funds, Inc., 10 Dorrance Street, Providence, Rhode Island 02901, or Funds for Education, Inc., 319 Lincoln Street, Manchester, New Hampshire 03103. STUDENT INSURANCE Unmarried, full-time students are required to carry hospitalization and accident insurance through the college. Married students may waive this insurance if they have other coverage. Coverage is also available for married students' families. This insurance is twelve-month coverage and provides benefits for any accident or hospitalization not covered by employees' state compensation. The insurance premium is considered as a portion of the student health service fee. Part-time students or married students not participating in the insurance program must pay a special health service fee if they wish to use the college health services.