News Financial Aid Is Available By, Kathy Joscht Meeting college costs poses a big hassle for most college students and their parents. Last year, millions of dollars of financial aid were un claimed because students didn't know how to go about applying for the money available. The most common forms of student financial aid are the PELL Grant (formerly BEOG) and the PHEAA (Pennsylvania Higher Education Assistance Agency) Grant. These forms of aid are available to almost everyone. The PELL and PHEAA grants require only one application for both grants with maximum awards of up to $1,500. To be eligible for these grants, a student must demonstrate financial need and be a degree or provisional student. The PHEAA grant also requires that the student be a Pennsylvania resident. Repayment of these grants is not required. Another grant, the SEOG, is also available. The SEOG grant is awarded through Penn State's Office of Student Aid and is available for up to $l,OOO. The eligibility requirements are the same as for the PELL and PHEAA grants. Various student loans are also available to those who take the time to apply. The Guaranteed Student Loan (GSL) and the National Direct Student Loan (NDSL) are available through lending institutions or the Office of Student Aid on campus. The GSL requires only a simple application and a needs test form. The awards are available for up to $2500 per academic year and are repayable at 9 per cent interest beginning 6 months after graduation with 10 years to repay the loan. The NDSL is a federally cM i za c C IELITEIE'LI Watches • Diamonds • Jewelry 19 N. WYOMING ST. HAZLETON. PA. 18201 funded loan program awarded through Penn State's Office of Student Aid. To be eligible, a student must demonstrate financial need, be a degree or provisional student, and be enrolled full time. The maximum award is $l,OOO per year, repayable 'at 5 percent interest within 10 years, beginning 6 months after completion of your education. The College Work Study Program (CWSP) is always a popular financial aid program on campus. The application is available in the Student Aid Office. Awards are available up to $1,500. The student works somewhere on campus for minimum wage, up to 20 hours per week. The awards are based on finan cial need and need not be repaid. The University also offers scholarships for students who qualify. They are based first on academic achievement (usually a 3.0 or better is required), and also on financial need. The awards range from $lOO to $2,000 per year. Scholarship ap plications are available in Assistant Dean Joe Mar chetti's office. For students who demonstrate an immediate financial need, the Ber nreuter Emergency Loan Fund has been set up. Awards vary according to need and the loan must be repaid in full in 60 days. In order to obtain such a loan, go to the office of the Dean of Student Affairs (Mr. Joe McCallus). Next time you begin to wonder how you are going to pay for next term, stop in the Student Affairs office to obtain more information and the applications mentioned above. The money is out there, you just have to take the time to go after it. PHONE 455.3451 Inside SGA By, Alan Smith SGA jumped into the new year while playing a key role with Student Affairs in the running of the Orientation program. All clubs on campus were well represented at the Activities Supermarket to greet an excellent student turn out. The SUB, RHC, and SGA co sponsored a dance featuring "Wizzard" that provided the grand finale to shoot us into Prisident: Alan Smith Vice 'President: David Barchick Secretary: Rosemarie Cistone Treasure: Gwen Toves Senators Government aid Auxiliary Loan (or PLUS) Program, allows parents, independent students and graduate students to borrow up to $3,000 a year. There is no income cutoff for eligibility. The interest on PLUS loans will be lowered from 14 to 12 percent sometime in October as a result of lower average U.S. Treasury bill rates. As the economy continues to recover, we can expect a continuing trend of lower rates, thus easing the student repayment costs and reducing Federal ex penditures_ In addition, the Reagan Administration has embarked on a major PIETRO'S CHEESE TRAYS PIZZERIA & STROM BOLO PARTY TRAYS Master Of FRUIT BASKETS StrPomizzaboio FOOD GIFTS Etc. NEAPOLITAN'S 39 E. Broad St. FINE FOODS HAZLETON, PA. 117 N. Wyoming Street the new year. After the smoke cleared, SGA received charting request from three groups interested in forming a club or organization. The Table Tennis Club and the Organization for Town In dependent Students were granted charters certifying them an independent club organization. The Bicycling Club was refused a charter for the present time, and Sue Hower, Election Board Chairperson Terri Eroh, Club Finance Chairperson Michael Moyer, Club Registration Chairperson Denise Polivka Peter Gallagher David Thomson Cathy Szido Laurie Shea Cheryl Feudale, newly elected Terry McCarthy, newly elected Lisa Harvatine, newly elected Ron Zimmerman, newly elected Kelly Mahler, newly elected Robert Testa, newly elected Susan Molnar, newly elected Pat Loverde, SUB President Greg Taylor, RHC President (continued from page 1) initiative to collect delinquent and defaulted loans under the National Direct and Guaranteed Student Loans Programs. It is anticipated that $BO million will be collected in 1983. Congress has been asked to allow funds collected on delinquent loans to be recycled in the loan programs; under present law, such funds are returned to the Treasury. Returning money to the loans would make more money available to future college students. Student aid reforms proposed by the Reagan Administration re-establish the fundamental principle that a student and his or her Page 7 interested members were introduced the option of merging with the Outings Club. The Politics Club and Karate Club, previously defunct, were reactivated and are now well under way. Fall term elections were held on October 13, thus bringing SGA to full mem bership. Five Freshmen and two Sophomore Senators were elected. Current membership is: family share the primary responsibility for meeting college costs. The Govern ment has a role in bridging the gap between this con tribution and the cost of at tending college. Only by maintaining its fiscal in tegrity can the Federal government continue to play its part in bridging the gap through student aid programs. Evans Dough Box FREE delivery to Perm State dorms Rt. 93 Valley Plaza Conyngham, PA phone: 788-4212 pizza, stromboli, hoagies homemade soups & sal•
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