Word: ndea
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Harvard is re-entering the NDEA student loan program. The University should receive its fund allocation for this year some time during December or January...
President Pusey announced the NDEA decision yesterday afternoon. He pointed out that provision had been made last spring for universities to reserve funds without actually committing themselves to the program, and he said that Harvard had applied then...
Swarthmore College is showing even greater caution and reactivating a special committee of faculty members, students and trustees to study the amended Act. The same committee recommended in 1958 that Swarthmore refuse, on the basis of the disclaimer affidavit, to accept NDEA loans...
...Wednesday, President A. Whitney Griswold announced that Yale would rejoin the program. He called amendment of the original Act "a long sten in the right direction" which "goes far to ensure the full and effective cooperation of individuals and institutions responsible for the success of objectives of the NDEA...
Under the NDEA, no institution can receive more than $250,000 a year in loans from the Government. A bill to raise the borrowing celling to $500,000 passed the Senate last month but died in the House during last week's rapid push toward adjournment...