1976-1977 Academic Catalog

Admission and Finances 29 Supplemental Educational Opportunity Grants The Federal government provides, through the U.S. Office of Education, funds for a limited number of students with exceptional financial need, who require these grants to attend college, and who show academic or creative promise. Grants range from $300 to $1,500 a year and must be supplemented by at least an equal amount of other assistance to the student. The amount of financial assistance a student may receive under a Supplemental Educational Opportunity Grant depends upon his need, taking into account his finan– cial resources, those of his parents; and the cost of attending Cedarville. Basic Educational Opportunity Grants Students who are U.S. Citizens or are in the United States for other than a temporary purpose and intend to become a permanent resident or are a permanent resident of the Trust Territories of the Pacific Islands may be eligible for a Federal grant under a new Entitlement Grants Program sponsored by the Federal government through the Office of Education. Students may see their high school guidance counselors or write the Financial Aid Director for additional information. Bank loans Loans are available' to Cedarville College students through the United Student Aid Funds, Inc., federal guaranteed programs and most state guaranteed loan programs. All of these loan programs are arranged through the local banks, savings and loan association's, credit unions, pension funds and insurance companies for specified interest rates and are repayable starting the tenth month after graduation. Listing of the college in the Directory of Higher Education published by the United States Depart– ment of Education makes available the payment of interest by the federal government on loans secured through banks under the various state, federal or private loan pro– grams. National Direct Student Loans are available through me college to students who are citizens of the United States and who can demonstrate financial need to meet edu– cational 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 quali– fications 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, the JDC Memorial Fund, the Miter Loan Fund, and others. 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 information con– cerning these. Farm children can arrange educational loans through their local Pro– duction Credit Association office. The Director of Financial Aid can supply information concerning the above loans as to banks servicing these loans and specialized qualifications. Student Employment Although not able to guarantee employment, Cedarville College assists needy students by recommending them for part-time employment, both on the campus and in surrounding communities. The college has students employed in various part-time jobs on campus. These opportunities include work such as campus maintenance, cafeteria, housekeeping, laboratory, library, and office assistants.