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September 14, 1962 - Image 10

Resource type:
Text
Publication:
The Michigan Daily, 1962-09-14

Disclaimer: Computer generated plain text may have errors. Read more about this.

JTEN

THE MICHIGAN DAILY

FRIDA'Y', SEPTEMBER 14, 1962

TEN HE ICHIAN AILYFRIAY, EPTMBER14,19-

*1

POSSIBLE DEFERMENT:
Change Rules on Loans
By Federal Credit Unions

By KENNETH WINTER
Revised regulations governing
loans made by federal credit un-
ions may enable these organiza-
tions to become an important
source of student loans, the Mich-

igan Credit Union League recent-
ly announced.
Michigan's 423 federally-char-
tered credit unions, under the new
regulation, are now able to defer
the first payment on student loans
for as long as four years. Former-
ly, federal regulations required
that monthly payments begin im-
mediately after the loan was
made.
Spread Costs
"Deferred payments permit stu-
dent members of credit unions to
shoulder their own obligations, or
allow parents who must help two
or more children in college at
about the same time, to spread
costs over a longer period," Louis
J. Sigadelli, managing director of
the Michigan Credit Union League,
commented.

'U' Students
May Apply
For Loans
LANSING -) - Michigan col-
lege students are starting to apply
for learn-now, pay-later loans, the
state Department of Public In-
struction reports.
There have been 26 applications
so far, State Superintendent off
Public Instruction Lynn S. Bart-
lett said recently, at an organiza-
tional meeting of the Michigan
Higher Education Authority.
The program will o p e r a t e
through a fund administered by
the authority and invested in gov-
ernment securities. The fund will
be used to secure loans through
local banks. The student will re-
ceive the money upon admission
to college.
The Legislature was asked for
but refused a request of $50,000
for loans and $15,000 for adminis-
tration to set up the fund. Private
sources raised $6,200 to set up the
fund, which it was estimated
would make available $62,000 in
student loans.

-

By BARBARA LAZARUS
The Woman's League is gearing
its program this year for more
student responsibiilty and a great-
er part in campus life, Margaret
Skiles, '63, p r e s i d e n t of the
League, said.
"The League will no longer
handle thefinancial accounts of
Assembly and Panhellenic Asso-
ciations as it did in the past."'
Students will also assume a great-
Offer Grants
TO Graduates
Applications for Fulbr ight
scholarships for graduate work
abroad during the 1963-64 aca-
demic year are now available.

er part in handling the daily busi-
ness, she noted.
"We are trying to get some not-
ed national and international fig-
ures to speak on current topics.
The new Cultural Activities Tick-
et will also allow students to see
a number of shows offered by the
Choral Union series, May Festival,
Ann Arbor drama season, Univer-
sity Players andhthe professional
theatre group," she said.
Personnel Director
Nancy Freitag, '65, the fresh-
man personnel director will hold
a mass meeting on Sept. 25 to ac-
quaint interested freshmen in the
activities and function of the
League, Miss Skiles said.
"After a three or four-week or-
ientation period the women will
become associate committee mem-

bers or a member of the central
Burocat committee."
The League is busy planning for
its annual Soph Show and will
hold a mass meeting on Sept. 27
for this year's play "Bye, Bye
Birdie."
'U' Hospital Volunteers
"The League is again offering
their annual volunteer program
for students to work at the Uni-
versity Hospital and the Ann Ar-
bor Community Center," Miss
Skiles said.
A schedule of teas and a "little
sister" program will allow Univer-
sity women to meet foreign stu-
dents, as well as helping acquaint
these students with the campus.
"The League snack bar has been
remodeled this year to add to the
new look.

The Blagdon Room will serve as
a place for students and religious
groups to use for personal medita-
tion and will be open from seven
to nine a.m.," she noted.
Sponsors Skit
The League sponsored a "League
Afternoon" yesterday with a skit
to demonstrate the various com-
mittees and the activities planned
for this year.
The League has been working
on several projects with the Mich-
igan Union including the fresh-
man orientation program.
The Union-League calendars
have almost sold out, Miss Skiles
added.
"The League library and listen-
ing rooms will open to women for
studying as soon as regular classes
begin."

SCHEDULES SPEAKERS:
League To Offer Varied Fall Program

OWEN J. CLEARY
. . . papers donated

Collection Getsr
Public Papers
Of GOP Head
The University Historical Col-
lections has been presented papers
of the public career of the late
Owen J. Cleary, formerly Michi-
gan Secretary of State in the early
1950's, chairman of the Michigan
Republican party and Republican
national committeeman and pres-
ident of Cleary College in Ypsi-
lanti.
On the second anniversary of
his death, his wife presented the
University with six large cartons
containing her husband's corre-
spondence files, campaign litera-
ture, newspaper accounts and
clippings covering the period 1940
through 1961.
The collection contains letters
from President Dwight D. Eisen-
hower and the late Ohio Sen.
Robert A. Taft. It covers all the
Michigan elections of that period
as well as the presidential cam-
paigns in which Cleary was very
active.

Tuesday, 12 noon, Luncheon-Discussion: "Ultimate Concerns"
open forum, occasionally speakers, on values, meaning, theology.
Friday, 12 noon, Luncheon-Discussion: "Immediate Concerns"
world and domestic problems, campus issues
(all lunches 25c)
Sundays, 9:30 A.M. Seminar: "The History of Christian Thought"
7:00 P.M. "Faith, Inquiry & Intellect;"
Speakers, Discussions, Study.
TODAY, 5:30 P.M. Buffet Dinner for new students
phone today: 662-5189 for reservation
AT PILGRIM HALL, CONGREGATIONAL CHURCH,
William and State

Now you
really "Come On" tapered
SANSABELT SLACKS
'nTMMf
(teen man's mood)
You look taller, trimmer, terrific-
er in the unique comfort of San-
sabelt* See for yourself how the
ingenious waistband idea import-
ed from France does away with
belts, buckles and bulges. The
remarkable stretch webbing
gives two different ways (one
way on the inside, another .on
the outside) to give you comfort
and fit that's the greatest! From
SANSABELT SLACKS 15.95
* Licensed by Y. Le Cottier & A. G. Trentesau
of France. Patent No. 2,7573,89
MMM Rea.Applied For
Tice's Men's Shop
1 107 So. University NO 3-4046
Across from Ann Arbor Bank
Store Hours 9:00 to 5:30
Mon's & Fri. Till 8:30

4

I
4
4
I
4

j-

What you want, when you want it

OR

IFE

'U-l

,

When Important People come to town
... highlight their visit with luncheon or dinner at the
Corner House - where food, service and surroundings
meet your every wish. Tuesday through Saturday. 11:30
to 2:00 and 5:30 to 7:30. Sunday: Dinner, 12:00 to
3:00. May we suggest that you
telephone for reservations?
Vie Corner JNoule
S. Thayer at Washington in Ann Arbor
A block west of Rockham Bldg.-NO 8-6056

(kttage Y tn ('lyff
NOW OPEN for LUNCHEON
Daily at 11 A.M.

L-__'I_

tJC)"SUC< CXXU<;=>0<=;>;0.;;;;;>omo
AL1201 S. University
AYUOur Specialties are:
V DALYBURGERS 1
O DALY MAID ICE CREAM
The DAILY DOUBLE (ask) about this)
Vi Hours: 7 A.M. to 1 A.M.-Fri. and Sat. until 2 A.M.
0 Enjoy the Finest0
Food
S Take-out Orders Anytime
Open Dcay
from 11 a.m. to 10 p.m.
Closed Monday
8 West Liberty Street Off Main Street
1 CPhone NO 2-0470

u aiuaf
, anlinenlat

NO 3.2401

341 S. Main

Serving

the same delicious food

at the same reasonable. prices.
This year, as in the past, we will have our
delicious pizza for pick- up or FREE
DELIVERY in portable electric heaters
from 5 P.M. until midnight.*

FULLY AIR-CONDITIONED
LUNCHES- DINNERS-COCKTAILS
Open daily11:30 A.M. Saturday 5:00
Sundays 3:00
Monday thru Friday:
Lunch: Salads, Cold and Hot Sandwiches
Businessmen's Buffet
$1.45
Dinner: From $2.50.
American and International
Cuisine
Tuesday: Gourmet Night with French Cuisine
Wednesday: SMORGASBORD
over 100 foods, featuring
PRIME RIBS OF BEEF
Thursday, Friday and Saturday
1An T RI.I A Li CV

c

Ihe SCHWABEN INN

Take

a Break!

Medium
Cheese ............. . . . . .. 1.30

Large
1.60
1.95

Try our tasty "SCHWABEN BURGERS"
and tempting "POOR BOY SANDWICH"

Cheese with Pepperoni

i ..., ..1.60

Includ.
' ZI a'

I

M I _ . I_ . . .. . _ : . . I _ v .

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