Word: krauses
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Feeling the first ill effects of its newly revised Kraus Plan for financial aid, the Graduate School of Arts and Sciences this year rejected about 10 percent of the 1974-75 applicants ranked for admission because of their need for funding, The Crimson learned this week...
...plan. It's even possible that many of them shared the union militants' belief that Harvard has overly close ties with corporate America's military-industrial complex. But most union members didn't think of themselves as fighting the military industrial complex. They thought of themselves as fighting the Kraus Plan, and when the University modified it and set up a few committees with some student representatives, the union fizzled...
...question of aid for parents and teachers is the overriding concern with the running of the centers. A dependency allowance which "would partially offset the cost of child care" is accounted for by the Graduate Faculty of Arts and Sciences Financial Aid Director, Richard Kraus, said. The present dependency allowance is $650 per child. But allowances and money from the parents' resources cannot exceed the budget which the financial aid institutes, Kraus added...
...Kraus said it was possible for students to borrow money for day care, but said that when the student borrows from federally insured or Direct Student Loan Program funds, he is technically borrowing "for educational expense...
...Kraus said that in 1973-74 few loans were requested and that more loans went to single students than married students...