Word: aid
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Dates: during 1980-1989
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Lucia Smythe, Colby's director of financial aid, said that the colleges and universities who meet annually to discuss admissions and financial aid used to pay Harvard directly for administrative services...
...Student Aid Services, Inc.--the private, for-profit company run by three Harvard officials and a Bowdoin College administrator--was formed in 1983 when the clerical work became "too burdensome" for Harvard to do itself, said Colby College President William R. Cotter...
According to Smythe, each participating college sends computer tapes to SAS containing the financial aid information of students admitted to the school...
...then "collates" the taped information and provides each school with data about each admitted student's financial aid awards from other schools, she said. This allows colleges to compute similar financial aid package, for individual students, avoiding what many have called a "costly bidding war" for top recruits...
Thousands of James Taylor fans flocked to Harvard Stadium last week for the latest rendition of Live-Aid, a stop in Taylor's "Small World Tour" to benefit the homeless...