GM Patterns Awards Plans On College's

Harvard's formula for computing financial need of scholarship applicants will serve as the bases of awards in the new $2,000,000 General Motors National Scholarship program, it was announced yesterday.

The GM program, first nationwide industrial scholarship plan to operate on the basis of need, began this year, and has drawn over 15,000 applications.

John U. Monro '34, director of the Financial Aid Center and author of the Harvard formula, has been appointed to an advisory committee which will decide the amounts of the stipends to be awarded successful applicants.

"Monro should be very active on the committee," William A. Stewart, assistant director of the Sponsored Scholarship Service, said yesterday. "He probably knows more about the situation than any other single person." The SSS, a branch of Educational Testing Service, is administering the program for GM.

No Previous Financial Consideration

Previously, scholarships of this nature were given as flat awards, with no consideration made for the varying need of applicants.

"We feel that the need principle is certainly sound," a GM official said in Detroit last night. What Monro and others in his field said to us made sense."

The GM program, announced earlier this term, provides for assistance to the 100 most qualified applicants, in sums ranging from $200 to 2,000 per year. In addition, all winners will carry with them a grant of $500 to $800 which will go directly to the schools they choose.