News
Harvard Grad Union Agrees To Bargain Without Ground Rules
News
Harvard Chabad Petitions to Change City Zoning Laws
News
Kestenbaum Files Opposition to Harvard’s Request for Documents
News
Harvard Agrees to a 1-Year $6 Million PILOT Agreement With the City of Cambridge
News
HUA Election Will Feature No Referenda or Survey Questions
A new federal allocation formula for self-help funding will aid students at more expensive schools in meeting rising college costs, R. Jerrold Gibson, director of fiscal services, said Wednesday.
The revised formula takes into account the resources available to the student and the percentage eligible for financial aid at each school, Gibson said.
The new formula and increased congressional allocations for self-help programs have more than doubled work-study funds this year. Harvard's funding jumped from $1 million to $2.5 million, and Radcliffe's increased from $162,000 to $366,000, Gibson said.
Lawrence Maguire '58, director of student employment, said Wednesday, "we won't see that kind of quantum jump again, but sustained increases in funding will accompany growth in costs and needs."
Work study jobs at libraries have increased more than 20 per cent over last year, Hazel Stamps, a Widener staff member, said Wednesday, adding that she expects more jobs to be offered as the demand rises.
Fiscal officials expect no difficulty in using up the added funds. In the past more students have asked for jobs than the employment office can supply. But this year money will not be a problem, and better information about the self-help package will increase employer interest in the work-study program, Maguire said.
Want to keep up with breaking news? Subscribe to our email newsletter.