Word: stewart
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Dates: during 1990-1999
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...Stewart called the $25,000 "a healthy start."She added that the use of merit as a criterioninstead of need would allow student groups who arenot in desperate financial shape to receive somefunding. According to Stewart, large groups havetraditionally been excluded from council fundingbecause their need is not as great as otherorganizations...
...Stewart also said she was not displeased thatthe Dean's office would play a large role indispensing the new money...
...Stewart said she was pleased because the$25,000 allotment would enable the council toexpand on the $15,000 it already has in the bank...
...This takes care of students next year,"Stewart said. "An endowment means you have to have20 times the amount you want to spend...
...Stewart said the council's already deposited$15,000 will go towards raising money from alumnifor the long term, hopefully around I milliondollars