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The Law School may soon begin a more liberal financial aid policy--with greater loan resources--according to Dean Erwin N. Griswold's annual report.
In the report Griswold discusses the possibility of "completely new scholarship and loan policies" so that no otherwise qualified man will be prevented by financial reasons from obtaining a legal education here."
At the same time Griswold criticized the financial assistance program's work in evaluating the college records of entering students who apply for scholarships. He also attacked the practice of allowing men with heavy loans only the same amount of time as those with much smaller ones.
Joint Program
If the plan which administration officials are currently studying goes through, the Law School will probably innovate a stronger loan and joint loan-and-scholarship program.
Under this system, according to Griswold, "all students who need financial assistance first draw upon loan funds up to a specified amount each year. Those who need additional support can then receive help in the form of scholarships or grant in aids."
According to Griswold, "Because there is probably merit in having scholarships as a reward for high academic performance, some scholarships would be awarded to outstanding students in each class independently of the Financial Aid Program."
Aid Guaranteed
"Under such a plan all students would know the amount of aid they could expect for their course, provided they maintain satisfactory standing and continued to need assistance. Prospective students could be told that a definite amount of financial aid would be forthcoming if they needed help."
Griswold gave among reasons for the possible move "the desire of the School that no otherwise qualified man should be prevented from obtaining a legal education here."
Last year the Law School awarded $194,041 to over 204 students. Of that amount $130,414 was in scholarships.
The School also awarded $63,627 in loans to 152 students. The total amount of aid for last year is more than double that given three years ago.
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