Viking_Yearbook_61

June Hohensee, Fran Halt, Donna Tyner, JoAnne Hardt, Jody North, and Gary Robinson contribute their deposit to future P.S.c. loaners. A unique senior class gift was presented to Portland State College by the seniors. The gift is designed to add an estimated $50 ,000 to the de pleted National Defense student loan fund, Aware of the lack of funds available at Portland State College for student loans, the Senior Class launched the "9 for 1" program and raised $5 ,000. Through the Nat ional Defense Educa­ tion Act, the Federal Government will match nine dollars for each one dollar the class con­ tributes. To reach the $5,000 goal, each student's spring term registration packet contained an IBM card which authorized a gift deduction from the student's fees. On a priority basis, the NDEA Loan Fund will lend this money to students majoring in en­ gineering, modern foreign languages, education, mathematics, and science including pre-m!;dical and pre-dental majors. Students may wait two years following graduation to pay back the loan. Payment in full must be completed within ten years. There is no interest on the NDEA loan. Students majoring in elementary and secondary education will have 50 percent of their loan cancelled over the 10-year period. Students will be loaned up to $200 per term. 39