a 8 - The Michigan Daily - Monday, July 3, 2206 due to att 100 facul Continued from Page 3 Some c less frequa The M-PACT program, a year-old financial aid pro- the Unive] gram, has boosted need-based financial aid by $3 million, Some de increasing Pell grant recipients' total grant aid to more than that suppor $13,000 per year. M-PACT is funded by private gifts,some ing profess of which are a result of The Michigan Difference Cam- Routine paign - a fund-raising effort launched by Coleman in scaled ba 2004 with a goal of raising $2.5 billion. the librar Wilbanks said that with initiatives like The Some d Michigan Difference Campaign, the University has the amoui been able to depend less on state appropriation. attributed As a testament to the University's ability to cation ofi provide financial aid, the University was able to The Un decrease the average cost of attendance to $9,695 web techn from $17,567 this year, according to data from posting pa Kiplinger's Personal Finance Magazine. In com- mail. The parison, Michigan State University was able to and filing decrease the average cost of attendance to $11,045 The Un from $14,607. costs. Nati Peterson said the University and MSU determine cost incre financial need in the same way, but the University is ty's costs1 able to commit more resources to financial aid. Hanlon Hanlon said in order to continue to provide rates with financial assistance while remaining on the cut- offering lo ting edge in research and instruction, the Universi- Most re ty has taken a variety of measures to contain costs ate metho in the last two years. He said that although the Hanlon impact was minor, some cuts were made - par- at contain ticularly those made in 2004 - that compromised the state. the quality of the University. But, he More than 400 staff positions were eliminated out of pla( NEWS@MICHIGANDAILY.COM rition and layoffs, in addition to almost ty piosi ians- eliminated due to attrition. ourses have been"'eliminated or offered Ib e b ently and class sizes hive increased across rsity's schools and colleges. epartments experienced a reduction in funds t internships, faculty travel and bringing visit- 3%* ors and guest lecturers to the University. e maintenance in campus buildings was ck and service hours were reduced in -ies. q epartments, such as psychology, reduced.o' nt of first-year seminars - cuts Hanlon less to cost-cutting and more to the allo- . 9% - 1% instructional resources more effectively. iversity has moved to rely much more on ologies. Paychecks are now delivered by ay stubs online instead of being sent via Internet is also used for student billing GnIr1Oi" fund revenue sourcs University job applications.r iversity has also worked to manage health ersrs: ionally, universities are undergoing health Indirect Cost Recovery 14% m ases of 10 to 11 percent, but the Universi-!($165m) have risen by about 4 to 5 percent. said the University negotiates purchasing preferred vendors, which results in vendors wer prices to be on the "preferred list." cently, the University is working to cre- ds to use space more efficiently. St pespdateo:26% said the University has been successful (Sm5im : ing costs despite the heavy strains from Bdgeted amut as Studentfees:59% originally approved($2) said, "Eventually the University will run ~iginlly~ ces to cut." **Projected SOURCE:tUNVER$ITYOF MICHIGl Students faculty debate Motego 'ssecession the michigan daily BLOOMFIELD HILLS, MI based Invest- ment Bank is seeking a world-class individ- ual to join our financial teams. Qualified can- didates will come from a wide range of edu- cational backgrounds, including mathemat- ics, computer science, and economics. All successful candidates will possess a track recordofacademicexcellenceaswelas: -Excellentcommunicationskills - The ability to work well in a team-oriented environment - Exceptional quantitative and analyticalskills -A stronginterestinthefiancialmarkets We have im ei ppo ties for an en- try asalysis profmssional within the JADDA Fund. Compensation packages will include salary with commission based bonuses and full benefits depending on the individuals ex- perience level. Please forward your resume to: www.JADDACM.com ~ JADDA Careers "Submit Resume". EARN $15, PARTICIPATE in research on goals and well-being. U of M students needed for a study of goals asd well-being. The study is conducted by Professar Jennifer Crocker at the Institute for Social Research. Research participants will complete question- naires and answer questions about their cur- rent situation, mood, and thoughts. The study will require no more than one hour or your time. Participants must answer screening questions about current well-being to deter- mine eligibility. Must be a UM student; 18 years or older To volasteer or ask questions about the sudy asd detenmine eligibility, colt 615-3626 and mention the goals and well-be- ing study. Note: The U of M is an equal op- portunity employer. IRB Number: HUM00002711 - Document Approved on 6/6/2006. EE One month into independence from INDIVIDUALS NEEDED FOR RE- Serbia, some fear SEARCH STUDIES: The Pfizer Research Clinic in Ann Arbor is seeking healthy men split will lead to war ages 18-55, for participation in upcoming drug research studies. Study participation re- By Brian Mok quires a stay of 10 to 20 days in the Research For the Daily Clinic. Individuals will be paid for participat- ing in study activity. Payment for study par- ticipation ranges from $1800-$2500. You must not take daily prescription medications or have any chronic illness. You must be a non-smoker or light-smoker to be eligible. A pre-screening process is required. For more information, call the Research Recruiters at 1-800-567-8804. Pfizer Research Clinic 2800 Plymouth Rd.,AnnArbor, Mt 48105. MODELS-PROFESSIONAL PHOTOGRA- PHER NEEDS people over 18 for fashion/art- oriented projects, $or prints, 810-735-7313. www.portfolioscom/gilphoto MOSTLY HEALTHY MAN is looking for a few special ppl. to assist him through the dif- ficult times during chemotherapy. Good com- munication skills required. P/f positions this summer and continuing into the school year. Send email to: agreatchoice@gmail.com PART-TIME EARLY CHILDHOOD posi- tion avail., Mon-Fri, 3:30-5:30. Fall semester openings. Fun working environment, great for psych students, teacher ed, or anyone who likes kids. Call director at 668-0887. By flying its red and gold flag and declaring independence from Ser- bia in a broadcast assembly session June 3, Montenegro became the first nation born in the 21st century. But with the population split on independence from Serbia, the effects of the secession remain to be seen. University students and faculty with interests in the area do not agree on whether the secession will bring peace or violence to the region. On May 21, Montenegro held a refer- endum to seek full independence. The independent Center for Monitoring announced that 55.5 percent of Mon- tenegro voters favored independence, meeting the controversial threshold requirement - 55 percent approval - set by the European Union. The Republic of Montenegro is located in southeastern Europe and landlocked by Croatia and Serbia on the east, Bosnia and Herzegovina to the north and Albania to the south. The secession of Montenegro from Serbia marks the complete disintegration of the former six- member Yugoslavia Federation - Croatia, Slovenia, Bosnia and Macedonia departed from Yugosla- via in the 1990s. Some political analysts worry that conflict similar to the Bosnian War - which killed 100,000 people - will break out in the Balkan Pen- insula because the referendum result was only slightly higher than the approval requirement. Ivan Duric, a University alum from Croatia, said he is worried about the political situation in the Balkan Peninsula. Duric said he supports the inde- pendence of Montenegro, but he said the relationship between the two countries is still very fragile. "If both the governments (Mon- tenegro and Serbia) handle the sen- sitive political issues negatively, I won't be surprised for a new war like the Bosnia War," he said. The Serbian population in Montene- gro is 32 percent, and according to an independent study, nearly all Serbians think that the Montenegro secession from Serbia is unnecessary. Robert Donia, a lecturer in the University's Russian and East Euro- pean Studies department, disagreed with Duric, saying the secession will likely remain peaceful. "I would say that I see the Mon- tenegrin separation from Serbia proceeding smoothly and posing no particular threat to stability in the region," Donia said. "Montenegro is in an entirely different position from Bosnia and Croatia earlier in the decade." Donia said Montenegro is eager to reform and meet the requirements of the European Union. "All states in the region are inter- dependent, none can stand economi- cally alone and no leaders recognize that more than those in Montenegro, who are aggressively courting West- ern investment, promoting trade and encouraging tourism along its less developed coastal region and in its pristine interior mountainous parks," he said. "This looks to be a peaceful and successful transition, albeit only one step on the road to greater integration into Europe." LSA Sophomore Vasilia Kilibar- da, who is half-Montenegrin, sup: ports the move for independence and does not believe war will break out. "The civil war won't happen again. The fact is that so many Montene- grins live in Serbia and visa versa - the people have neither the resources nor enough willpower to start a war," said Kilibarda, whose aunt is Monte- negro's Minister of Culture. Kilibarda said family ties between pro- and anti-indepen- dence groups will keep people from going to war. "I truly believe that independence is a fair demand," Kilibarda said. "Montenegrins were bullied and suf- fering the brunt of Milosevic's actions both economically and psychologically for years. Now, Montenegro is opening up to the rest of the world." Slobodan Milosevic was the former president of Serbia from 1989 to 1997 and president of the Federal Republic of Yugoslavia from 1997 to 2000. After instigating the Balkan wars in the 1990s, Milosevic was arrested in April 2000 and charged with crimes against humanity at the United Nations war crimes tribunal at The Hague. He was found dead in his prison cell in March. FREE ROOMMATE FINDER. Let us find your perfectmatch. 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