The Ohio Independent Baptist, October 1961

ll) l ),l , tt)J ( :lt' 1111 : rct' n,, <><Jtl, I3l<·~~c·c l f f <1 11c· l~ cl IJt1st < ., l 1 t 1 r<, l 1, ~ '1) r i 11 g f i <, 1 c 1. <) I l I c > ( 1"'} 11 ~ 1 , 11 er , , .,s 11 ,t' tl ll ) l r t tl1t'r :rt' <: 11,, l)l><l ,ls ~1 ._ ,]l:1l) t1 fr<> r11 ,, l1i(·l1 l(> clisc·t1 ss tl1 cll >c>\' f' <111 ~s t ic> 11 , ,,jtJ1 tl1c· V<> tir ig l l < i lt , 1 t \\ it,c 11a l .,~c 11,t ltttlt' .• 1t t l1c' (: \1{11( .... 111('f' l111~" ,, r• l1acl l1c>1) ~cl l c>1 tl1 rcn ·li c>11s c>f th e· yot111g p <'<>1 l~ n 11 c.1 rlc I. , c l l ri1lli11g tl. l l t" lt 11, ,1, 1t ,, <lttl cl l>(' aln1<>" l 111111<>'-i '\ tl>lc· i11 the' 'i l1ort s1Jac·c \ \ ' C ('a 11 ~tffc> rcl l e) ,tclcl tl1, tl1i11gs s,1itl i11 l, \t\ ,, tC:lll. \ \ t' ft'l' l it 1, \\t•ll \\tlrt]1 ,,l11lc.:• clS it lS ,111Cl tl1 , t\ t"ll(' Cl lll HgC' SO ll l(' }11g ]1 S(']l()O} SC11i c>15 le> Sl ,ltt rig l1L 11 <)\V to tlSP tl l'" t tct( , 111 l l a 1111i 11g tl1 t•1r c>,, 11 t'<>ll 'g' ('ar ('r .) l J"l 1) 1 1 l, \ I l l ~( ' \ ' l,l() " l,l1< :1, t'r:12.t' l1igl1 , l ltc>ol g1 a <.ltt ,llt' ,, i 11 <.',, 111 al l> t I l ~ 1( 11 .l)()() i 11 •1 l 1 l <.:~ ti111l. ,, l1ilc· tl1t' .1, t.' 1.1gt' t't)llC'g<.~ g1 c.l<l– tt~ltl' ,, 111 c'ar11 '-)~ () ~ . ()0() Qt11t r· ,l <lif- t r('ll l. ·r·l1t:' f 11 ,t <.l ll< ~tt c) tl ,, 11 11 ,, <' er<> t t ,r'<.' k. , l jol) 1s tl11~ · .. ~\ re ) Otl a l1igl1 , l ll<. t>l graclt1 .. 1t{'? 1\ re , <Jtt ,1 col– l~gL gr:1clt1 ..1tt';)" rI'l1t' l,1tter ge ts fir~t 111 t'f t"rt' tlt <.'. 111 t i111c · o f ,, ar. , , 110 1 r·lt' ' .,tecl to tl1c rai1l of liet1te11a11t . t ,11 t,1111. c·tt· '.) ( c1ll ge g rL1clt1ates. The 1 e ~t t1 .. t1all, st .1rt tlt tl1e l)otto11 a11cl ,, orl tl1t"1r ,, , )' 11p. \\·e ,11,, ,l). · , <.l ) . "'Look. ,1t D. L. ~Ioocl, ~ lie 11e, er l1ad " a11 ecl11cat io1 ... Il e111c111ber t,,·o tl1i11g ·: (1) \ \ ·e a rc 11 o t ~I oc>cl)·; { 2 ) H e \\·a ·elf-edt1cated. F e,,· college t11cle11t are self- t11)– l)Ortit1g. Tl1e, · 111t1 t look to ome oth- ~r ot1rce of i1 co1ne to get the111 tl1rot1gl1 tl1eir college )·ear . Le t lI take a look a t the ot1rce of stt1d e1 t 111co111e. Fort)·-011e percen t i from tl1e f.1111il~· ct1rre1 t i11co1ne ; 26 ci- are . tt1de1 t earnings; 20 ~~ from tl1eir '"1, i11g ; 7% mi cellaneou ; 1 % fron1 loa11 . s ro fro1n cl1ol,1r hips . ( F rom "Ho,, to Fi11a11ce A11 Education ." Bradford Cra ig, p. 36) . II HO\ \ " TO F IXANCE A1. E DUC.;\TIO. T 1. Emplo 1 n1e11t • I I 1 I I • __J ecl t1cation t he ame ,vay? When yot1 b o1To, v 1101 ey to fina1 ce your edu– cation, )l Oll are placing tremendous confidence i11 yourself. In 1956 young people b orro\ved $13,000,000 for educatio1 al purpo e , and i11 1960 $230,000,000. ources of loans: 1. College loan funds. Colleges loa1 students money, and p arents or gt1ardians co-sign the no te . Usually $4,000 to $.5,000 is the maximum for a full college course. 2. Tuition Plan Incorporated. A p articul ar p olytechnic institute in the E ast h as loan ed students since 1926, and less than 1 % h as d efaulted. ~ll ,3c~ . Jt1c> r tl1c>s wl1c> i11tc11cl to te~lcl1 11 1)11lJlic sc·l10015, the TOE rna\' c·ct11c·el tip tc) 50 "~ of tl1e loa11 ,vh ;1 t11c lJorro,vf' r begi11s t acl1i11g ft111 time, a11cl the rc1nainclcr mt1st lJe p a1cl l>ack \\, itl1i11 the 1 ext 5 years. 3. cl1olarships cholar hip cl11cl loa1 c1,varcls are lc1rger the fresh1na1 year than the other three . Reason ? The stude1 t hot1l cl b ecome increasi11gly cap abl e of self-support. a. Reqt1irements 1. cholas tic ability. These schol– arsh ip s are b ased on outs tanding aca– d emic records iI1 the p ast and the promise of the same in the future . f ost scholarships are granted for one or four years. 2. Finan cial n eed . This is certa inlv take1 into consideration wh en schoi– arship is granted . It might b e \VOrthy t o observe that the committees ,vho gr ant the approval usually find out if the p er son O\vns a car. If h e d oes, it is evident h e d oes not need h elp. b . Coverage They p a)-' tuition or p art of it. Room , board, books are not usuall)' included . The average scholarship ,vas $277 in 1957. c. T yp es of scholarships General Motors and other corpora– tions grant them , so also alumni as– ociations . The Kemper F oundation offers them for those interested in the in urance field. The War Orphans cholarship covers \Vorld \Var II and the Korean conflict. Athle tic schol– arships are very popular today for ,1. Part-time. Larger cities offer great opportu11ities for p art-time \\·ork. Al o, tl1e college or university emplo) tude11t 011 the campus. The r1umber of employmen t hours is d e– te rmined by th e school. More sh 1- dent ea1n p art of their college ex– p ense b~l on -campus jobs than the 1 t1mber recei\ing scholarships. One sh1de11t in ten recei\res scholar hip aid. 3. Banks. Most commercial banks , ,,ill \vork alon g \vith you in seeing that finances are available . 4 . F ederal Government. o inter- those athle tically inclined . All · b. F t1ll-time . This is a \ ·er)y popu– lar \\ 1 a~' a1 d car1 be c101 e clt1ring tl1e Sl1n1111er 1nontl1s on])', since many cl1ool. do 1 ot p er111 it )'Ot1 to \\'Ork full tm1e and ca1T, ~ a ft1ll cot1rse. At " Cl1r1~m1(.1 t i1ne po t officec; 11ire extra l1elp. ~1o ·t c·ollege~ l1c1, 1 e p l,1cerne1 t lJt1rea1.c., tl1at keep i11 tot1cl1 ,, ith f,1c– torie , etc. 2. Loan" 11ere i a gooc1 I)lan \\ 1 ortll)' of con– ideratio11. \\ 7 e l)u~, car a11cl a1)pli– a11ces ''011 ti1ne. "'' \\711, 1 11ot f i11a11ce a11 " est , vhile i1 ch ool and then 3% after gradt1ation . Paym ent starts on e year after gradu a tion and extends over a 10 year p erioJ. Apply for these loan s throt1gl1 a college and not d irectly. Tho e interested i11 t eaching can q L1alify easil)' . Th e National De– f e11se Educatio11 Act s offers a li1n ited 11t1ml)er of loc111s to h1cle1 t ,,·ho c111,1lif)'· cl1olastic sta1 ding ancl f i11a1 (·i,1l 11eecl are g i, e11 c:onsidera– tio1 . Rep J.:me1 t b eco1nes effec ti, 1 e or1e , 1 ea r ,1f tcr lJorr0\\ 1 er ceases to b e • ,1 ft1ll-ti1ne 5t t1cle11t a11cl 1nt1st b e com- t)letecl ,,,i tl1 i11 10 > ears, ,, 1 itl1 i11tere5 t you11g p eople interested in college should read, ' 'H o,v t o \Vin a Scholar– ship. ' ' Lovejoy-Jon es College Scholar- ·hip Guide h as some very h elpful in- formatio1 . These b ooks can b e f ou11d in most public libraries. 4 . Grants-in-aid This is for a p er iod of one academ– ic \ 'ear. T h ev co1 sicler \ 'Our academic " " . st ,111 cling, b u t basically this assistance is ,l\\'arded on th e basis of fina11cial 11eecl. U sual] 1· scl1olarsl1ips a n d gra1 t s-in-aicl a re made p ossible b)· n1e11 ,,,}10 l1ad a difficult time fi11anc- • i1 g tl1e ir edt1catio11 a11cl no,,· atten1pt