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January 17, 1980 - Image 3

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Publication:
The Michigan Daily, 1980-01-17

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The Michigan Daily-Thursday, January 17, 1980-Page'3
Educational aid:
Rising each year

sign up now
Union League Bowling!
Monday night for men
Thurs. night-mixed league
at Union Lanes
open:Mon.F
1pm Sat- Sun.

By MARY FARANSKI
Slightly more than a year after the
Middle Income Assistance Act opened
the Guaranteed Student Loan (GSL)
and Basic Educational Opportunity
Grant (BEOG) program to a large
number of students, the federal aid
programs appear to be running
smoothly.
Because most student aid application
processing is computerized, the higher
number of applicants has been handled
with only small increases in the number
of staff workers in the Department of
Education's Student Financial Aid sec-
tion, according to spokeswoman Jane
Glickman. Funds for the program are
not a problem, because, Glickman
said, "If there are more eligible studen-
ts than there is money for, Congress has
to come up with more money.
"THE INCREASE in students getting
grants and loans is tremendous the past
few years," Glickman added. The Mid-
dle Income Assistance Act, passed in
November 1978, removed the family in-
come'ceiling for students applying for
GSLs, and also raised family income
and assets levels allowed for un-
dergraduate students being considered
for aid.
Allocations for the BEOG program
for fiscal 1979 (October 1978-September
1979) were $297.3 million,-as compared
to $178.2 million for fiscal 1978. The

amount lent by banks for GSLs during
fiscal 1979 totaled about $2.984 billion,
while the previous year's figure was
$1.959 billion.
The Department of Education has
also 'increased the size of staff that
looks into student loan defaults.
THE NUMBER of students in the
GSL program in Michigan also showed
substantial increases this year. The ac-
tual number of borrowers went from
34,471 in fiscal 1978 to 53,077 in fiscal
1979, a 53.9 per cent jump. The actual
dollar figure rose 64.5 per cent. "The
demand for student loans appears to be
very strong," said"Patrick Cummings
sof the Michigan Department of
Education.
Cummings suggested that although
much of the demand probably can be
attributed to the Middle Income
Assistance Act, lending may have been
more attractive to banks. The federal
government covers the GSL 7 per cent
interest rate while the student is in
school, and also pays lending in-
stitutions an extra percentage based on
the quarterly average of 91-day
Treasury Notes minus 3.5 per cent.
During the last quarter of last year, this
meant that lending banks were being
paid a total of 16 per cent interest on
money they lent under the GSL
program.

THE LORD FOX
Now Serving Lunch Mon-Fri 11:30-2 pm
Dinner Hours 4-10 pm
Featuring Ann Arbor's largest selection of fresh seafoods,
steaks and wines. Special flambeed desserts. Old-fashioned
hospitality striving for a balance of American and Continental
dishes.
1112 miles east of US 23 on Plymouth Rd.
662-1647 or 668-9290

I

r^

POETRY READING
with
Martin Walsh
and
Kees Snoek
Reading from their works.
Thursday, Jan. 1 7
7:30 p.m.

NOON LUNCHEON

Homemade Soup &
Sandwich 75C
Bob Stechuk
Post President LSA Student
Gov't Council 8
Student Organizer
"STUDENT ACTIVISM
IN THE LATE 70 s &
NEW DIRECTIONS
IN THE 80 s"
Friday, Jan. 18
noon

Consumers to pay for
information calls: Bell

GUILD HOUSE, ,82 Monroe (corner of Oakland)

1.1*

SWAK,
Cleo, a Bronx zoo giraffe, gives her month-old daughter Donna a s
affection. Zoo-goers will have to wait until spring to see the new ad
though, since hermother says she is too young.
LSA-SG favors divestme
rejects student fee hike

LANSING (UPI) - The state Public
Service Commission agreed yesterday
to let Michigan Bell Telephone Co.
charge its customers for information,
but refused to approve a plan of the
scope the phone company had
proposed.
The PSC's plan - unanimously ap-
AP Photo proved by the panel - sets a 20-cents
per call charge for customers who
make more than 20 calls to directory
how of assistance in one month.
ldition, BELL - IN its third request to
charge for information - had wanted to
charge customers for all assistance
calls in excess of five in one month.
The utility regulating panel had twice
before refused the phone company
permission to charge for the infor-
mation calls.
The directory assistance charge will
in South not take effect until June 1981 and will
be implemented on a three-year trial

basis.
"WE FEEL the plan we proposed
was better," said Donald Lambe, a Bell
assistant vice president. "But basically
the commission decision is in the public
interest and we're pleased that the
principle of charging for heavy use of
directory assistance has been
established in Michigan."
In reaching its decision, the PSC
agreed with Bell's claim customers
who overtax directory assistance
should carry the cost.
Only six per cent of Bell's residential
customers will find themselves paying
for information calls because most
phone users make fewer than 20 request
for directory aid each month, the PSC
said.
But this six per cent of customers
currently accounts for more than 46 per
cent of all directory assistance calls,
the panel said.

-THURSDAY-'
.PITCHER.
NI-GHT
$1.00 OFF ON PITCHERS
UNTIL 11P.M.
Rhythm and Blues
COURTESY
JOHN MOONEY
' One Block South of South U.

By DAVID MEYER
The LSA Student Government (LSA-
SG), during its first weekly meeting of
Winter term last night, approved a con-
troversial resolution supporting
University divestment from firms
doing business in South Africa and
decided to reject a proposed increase in
the mandatory student government fee.
The divestment resolution, proposed
by Council Member Beth Lori, called on
the Michigan State Legislature "to pass
?*he package of bills requiring state in,-
stitutions to divest from all' cor-

porations that do business
Africa."

THE RESOLUTION had been tabled
from the last LSA-SG meeting on Dec. 5
because council members could not
agree on the relevancy of the issue in
relation to LSA-SG. Council Member
Paul Liu, however, asserted that the
LSA-SG constitution specifically
provides for the council's jurisdiction
over any matter of general concern to
the student body, even if it is a non-
academic issue. The council then ap-

:\ \

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-
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- -

F"ILMS
School of Public Health-Noontime Film Fest, Can We Fish Again?,
Pigeon River Forum, Aging of Lakes, 12:10p.m., SPH Aud.II.
Habitat Film Series-Exploding Cities, Growing DollaIrs, 12:30 p.m.,
Old Arch. Aud. (Lorch Hall).
Mediatrics-Oliver, 6:30, 9:15 p.m., Nat. Sci. Aud.
Ann Arbor Film Coop-Manhattan, 7, 8:40, 10:20 p.m., Angell Hall,
Aud. A.
Computing Center-Basic Use of the Keypunch, Use of the IBM 029
Keypunch, 7-10 p.m., Multi-purpose Room, UGLI.
SPEAKERS
English Department-J. Hillis Miller, "The Ethics of Reading," 4 p.m.,
Modern Languages Building, Lecture Room 2.
Center for Japanese Studies and the Department of Far Eastern
Languages and Literature-Edward Seidensticker, "Tokyo in the Meiji
Period," 4p.m., 200 Lane Hall.
Committee of Students, Faculty, and Community Concerned About
Iran-ACLU representative, Prof. Daniel Fusfeld, Prof. K. Allin Luther,
"Forum on Iran and the Harassment of Iranian Students," 7:30 p.m.,
Michigan Union Assembly Hall.
MEETINGS
PIRGIM-General recruitment meeting, Michigan Union.
Michigan Economic Society-Organizational meeting, 5 p.m., third
floor, Econ. Bldg.
Undergraduate History Association-Mandatory meeting, 7 p.m., Room
229 Angell Hall.
Michigan Christian Fellowship-Meeting, 7 p.m., Michigan Union
(check at entrance for exact location).
EXHIBITS
Slusser Gallery-"Art/Book/Art," Watercolors, acrylic paintings and
collages, Prof. William Lewis, 9 a.m.-4:30 p.m., Slusser Gallery.
Union Art Gallery-"Ceramics, Sculpiture, and Printmaking," Joan
Gallup and Paulene Benio, 10 a.m.-6 p.m., Union Art Gallery.
TMWC'J'I I A A: i'CI

Do a Tree a Favor: Recycle Your Daily

6

Ask T)
Ask a Peace Corps Vo
lab technician in Botsm

hiem1U

Thy
s a hospital
A volunteer

-

. but it's easier ait Ulrich s
Ulrich's really tries to make
book rush less of a hassle
They have people who ll
find your books for you
They'll buy your old books
They keep a full stock
of all the other supplies you
need And you won t go
broke in exchange for the
convenience, either
Why not try Ulrich.s this
year? It could be easier

lunteer why she works a
want, Africa. Ask a VISTI

for you.

-

I

I

-.-UmNE

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