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 .