Word: scholarship
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Dates: during 1950-1959
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Other considerations than ability will have to be taken into account. With greatly increased costs because of building and faculty, scholarship funds may not increase proportionately. They probably will not be available in the same 1:4 ratio that they are at present. John U. Monro '34, director of the Financial Aid Center, asks, "Why should there be anything magical about our present ratio" If there are more qualified students who can pay their own way why shouldn't we admit them...
...charities for which the Council made exception last week are the National Scholarship Fund for Negro Students and Salzburg Seminar. Both use more than ten percent of their incomes for administration. But in the case of the Fund for Negro Students, for instance, most administrative expense goes to paying for extensive screening services, rather than for fund raising...
Risk of failure in the graduate program might also be considered a cost of graduate work. Despite a careful selection process, not all men admitted the school can handle the work and some are dropped for scholarship reasons. The man with a good college record finds failure in graduate school a most unpleasant experience...
This year there were two charities which we wished to recommend but could not if we interpreted the restriction literally: the National Scholarship Fund for Negro Students and the Salzburg Seminar. Two considerations stood between the rule and a fair analysis of the charities...
Firstly, salaries paid to officials of an organization are listed as administrative costs. But often there is no clear line between administrative work and the service for which the charity is known. The National Scholarship Fund, for example, has field workers traveling throughout the country notifying prospective Negro college students of placement and scholarship opportunities. Then the same people will record and file relevant findings. Deciding upon the nature of this salary is just one of many cases...