BUSINESS SCHOOL PARES STUDENTS' LIVING EXPENSES

In a concerted effort to reduce the cost of living for students in the Business School, two measures designed respectively to cut expenses and to secure financial aid have been announced at Morgan Hall.

A reduction of over 20 per cent in the price of board in the Business School dining halls, bringing the rate down to $8 a week, has been arranged. The new rate is in contrast with the $10.50 charged last year and with the $9 rate which will be charged in the House dining halls of the College. Economy in the purchase and serving of the food is in large measure responsible for the reduction. Proposals for the installation of a cafeteria system for breakfasts were abandoned when it was found that the new rate could be established without such a plan.

"Service Scholarships"

As the second measure designed to assist those men whose funds for the year are not quite sufficient, the School has arranged to grant during the coming year a total of $15,000 in "service scholarships." The awards are not to exceed $150 apiece and are to be allotted on a basis of scholastic standing, general qualifications, and the student's need of help. Those receiving these scholarships may be required to do work during the year reasonably equivalent, in part or in whole, to the money value of the award.

Student Loan Fund

The plan to award service scholarships, which is to be employed in the College as well as the Business School, is similar to the Price Green leaf Aid given to Freshmen in the College, with the stipulation that recipients shall do a certain amount of work in libraries, dining halls, or connected with the buildings and grounds. In the absence of many endowed scholarships, the Business School has always depended on the loan fund to furnish financial assistance to students. As in previous years this source of aid will be available in addition to the service scholarships.

Student Waiters

Positions as student waiters in the dining halls will furnish employment to approximately 130 men this year. Except for the Freshman Union, the Business School dining halls are the only ones in the University employing exclusively student waiters.

The scale of room rents will remain the same as last year, averaging about $235. In view of the slightly decreased enrolment which will leave a few rooms in the dormitories vacant a few members of other departments of the University will be admitted.