The Stetson Reporter

teteon "FIbrida's Oldest College Newspaper 73rd YEAR NO. 10 STETSON UNIVERSITY, DELAND, FLORIDA FRIDAY, DECEMBER, 4, 1959 A TALL MAN RIDING The horse on.the merry-go-round got a workout at the November 21 Carni Gras as Dr. J. Ollie Edmunds, President of the University, lived up to his nickname of "Joliie Ollie." Other University staff members joined students in the fun, wandering up and down the Midway eating pizza, dunking professors, and throwing darts and other things. As soon as all contributions are in, the Green Feather Campaign Committee will announce final totals and the disposition of the money. (Photo by O'Neal) "Laughing Man" Appears At Last Tuition Up $50 Per Term For 1960-61 PAUL PARKER TELLS HOW "THEY" DECIDE FINANCIAL AID by Helen Megee "The cat will not be out of the * bag until eight o'clock tomorrow night in Elizabeth Hail," declares Dr. W. Jones, spokesman for the "neurotics," a mysterious campus > group who have become known ROTC NOTICE All ROTC cadets are required to wear neckties for the Christmas Parade tomorrow morning. Formation will be at 10:30 on Hulley Field at which time there will he a check of absentees and an inspection. for their campaign poster of Laughing Man. For weeks Stetson students have been puzzling over the posters advertising Fall Frolics. All of the posters feature a fat little man in hysterical laughter. One of the' early suggestions as to their origin was that they might be Gainesville saboteurs' ads for their Fall Frolics."; Later, when Dr. johe's name gave local authenticity to the ads, Hatters began to wonder what the psychology prof is up to. "I am sworn to seireey," he in- The only way to find out is to visit Elizabeth Hall tomorrow night at 8:00 p.m. with $.35 in hand. Announcment of an increase next year in tuition costs at Stetson has focused attention on the University's student aid program, according to Paul Parker, chairman of the University's Student Aid Committee. . Students now receiving aid will be granted adjustments to compensate for the tuition increase when allocations are made for the Fall of 1960. The University's policy . is to give aid only to those students who have demonstrated their ability, promise, and financial need. The Stetson policy is essentially the policy of the some 235 colleges which are members of the College Entrance Examination Board, College Scholarship Service. Member colleges require applicants for financial assistance to fill out a Parents' Confidential Statement of family financial resources. This provides the Committee with a basis for determining if a student needs assistance. The College Scholarship Service computes what the^ Student and his family together can contribute toward his college education. This expected contribution is constant though the cost of education varies with each college. Theoretically, Harvard with its $3,000 a year price tag and Stetson with its cost of $1,600 to $,1700 a year, will require from a student and his family the same amount of money. The CSS idea is to permit students to choose their college on a, basis other than cost. Harvard, because of its higher cost, will help the students more than Stetson. The formula is college cost minus expected family contribution. The individual's need is determined by the student's academic record. Each college may have a different approach to this. Stetson's present policy is to award a higher percentage of grant-in- aid (gift) money than campus work," or loan to students with best records. As the quality of the record goes down, the percentage of '■ grant decreases and-the percentage' of work and loan increases. Campus employment' is' not usually awarded, however, to students who may, by working, injure 'their academic work. The University usually uses more than one method of meeting financial need. Students receiving aid may be expected to accept some loan, (grant, and work. LOAN USE URGED The Student Aid Committee is working toward the use of more loan funds to meet financial need. The Federal Government has made available some $40,000 in loan funds to Stetson under the National Defense Education Act of 1958. The Committee believes that a college student should be willing to borrow against his future earning power as a college graduate. Surveys shows that the college graduate, on the average, earns $150,000 more in his lifetime than a non-college graduate. The student does not begin payment on these loans until a year after graduation from college and has 10 years to repay the loan. The interest rate is 3 per cent. He, himself, signs the note. It is his own obligation. Since the American public has been willing to borrow and buy on time automobiles, houses, household utilities etc.. it is not unreasonable to invest in a college education. The Federal loan is for both the outstanding sutdent and the average weil-motivated student. JOBS AVAILABLE For students interested in campus employment,- Stetson has, at the moment, more campus jobs opportunities than students to fill the positions. Priority is ^iven to those who need financial need to those with financial need. The recipient must have a cu-' mulative "C" average and submit each April a new Parents' Confidential Statement of family financial resources if aid is received. Year] statements determine whether the family's need has changed. The value and type of aid may be adjusted each year if the need has changed. The Student Aid Committee, seeking to help needy, and deserving students meet the costs of an ducation, must have continuing cooperation of students, parents, and faculty. Questions on fair and just evaluation of need or consistency in its decisions should be called to the Committee's attention. Deliberations of the Committee are confidential. The Stetson Aid Program is new and refinements are being, made to improve policy and procedure. Increase To Boost Faculty Salaries Says Dr. Edmunds \ Tuition at Stetson University will be increased $50 a semester beginning with the 1960-61 academic year, Dr. J. Ollie Edmunds, President of the University, s#id today. Most of the increase will go toward faculty salaries, he explained. He added that University Trustees have established a schedule of annual increases for faculty members, but that the fund from the campaign now in. progress is for capital improvements. The total expenditure for faculty salaries at Stetson has al- redy been increased 31 per cent since the last increase in tuition, in tuition. "Higher education's principal financial problem arises from its pricing policy of selling its services below cost," Dr. Edmunds, said. "Students at Stetson and similar colleges and universities, are being subsidized at 25 to 40 per cent of the total cost of their education." The total tuition cost at Stetson next year will be $700 for two semesters. Costs over and above fees paid by the students are provided by gifts from alumni, churches, business firms, and generous friends. Students who qualify for assistance will receive help through the Student Aid Committee. "Who's Who" Picks 17 Stetson Students Twelve students on the DeLand campus and five on the St. Petersburg campus have been selected for the 1959-60 edition of "Who's Who Among Students in American University's and Colleges." Selection is based on the stu- dentn's excellence and sincerity in scholarship, leadership and participation in extracurricular and academic activities, citizenship and service to the University,, and promise of future usefulness to business and soicety. Those selected from the DeLand campus are: Reynolds Allen, Virginia Bagby, Karen Christensen, Charles B. Fulton, Jo Ann Hopper, Carol Howell,. Fred Jefferson, Jo Lysek,:. Patricia Pearce, William E. Rhinehart:: III, Ann Severance, and .Mary Watkins. College of Law students chosen include: Charles- M. Waygood, Frank R. Stockton; Frances B. Kennelly, James D. Druck, 'and Robert E. Sheridan.