XN000022-1988-07-21 — Page 5

THURSDAY, JULY 21, 1988

FOR

"THEY MAY IF THEY SO WISH MODIFY THE RECOMMENDED FEE LEVELS. BUT IF THEY CHOOSE TO ADOPT LOWER FEES, THEY WILL NEED TO MAKE UP THE DEFICIENCY BY REDUCING EXPENDITURE OR BY RAISING ADDITIONAL PRIVATE INCOME, THE SPOKESMAN EXPLAINED.

THE SPOKESMAN STRESSED THAT THE GOVERNMENT'S LOCAL STUDENT FINANCE SCHEME WOULD CONTINUE то PROVIDE FINANCIAL ASSISTANCE то NEEDY STUDENTS.

"THE OBJECTIVE OF THE SCHEME REMAINS THAT NO STUDENT WHO IS FFERED A PLACE SHOULD BE DETERRED FROM ACCEPTING IT THROUGH LACK OF FUNDS; THE GRANT ELEMENT OF THE SCHEME WHICH PROVIDES ASSISTANCE TO NEEDY STUDENTS TO MEET FEES AND FACULTY EXPENSES WILL TAKE ACCOUNT OF THE FEE INCREASES AND WILL BE ADJUSTED ACCORDINGLY," THE SPOKESMAN EXPLAINED.

COLLEGE OF EDUCATION FEES, FINANCIAL ASSISTANCE INCREASED

IN ANNOUNCING

NEW FEES FOR THE FULL-TIMB COURSES OF THE COLLEGES OF EDUCATION TODAY {THURSDAY), AN EDUCATION DEPARTMENT SPOKESMAN SAID THAT COLLEGE OF EDUCATION STUDENTS WILL BE GIVEN INCREASED FINANCIAL ASSISTANCE FROM 1990.

STUDENT LOANS MADE IN 1990 AND LATER YEARS WILL BE SUBJECT TO

INTEREST.

ANNOUNCING THESE CHANGES, WHICH WILL AFFECT NEW STUDENTS ENTERING THE THREE-YEAR PRE-SERVICE COURSE IN SEPTEMBER THIS YEAR, THE SPOKESMAN SAID: "THE COST OF FULL-TIME COURSES IS INCREASING EVERY YEAR.

"THE GOVERNMENT'S ESTABLISHED POLICY IS THAT STUDENTS SHOULD BEAR A REASONABLE SHARE OF THE COST, BUT AT THE SAME TIME ASSISTANCE SHOULD BE GIVEN TO THOSE WHO NEED IT."

FEE LEVELS FOR FULL-TIME COURSES ANNOUNCED TODAY ARE:

1988

Sa

89

$1,400 PER ANNUM

1989 90

$1,700 PER ANNUM

1990

+

91

$2,350 PER ANNUM

THE SPOKESMAN ADD THAT FINANCIAL ASSISTANCE FOR THE COLLEGES OF EDUCATION, CONSISTING PARTLY OF GRANTS AND LOANS, WOULD BE ADJUSTED IN LINE WITH FUTURE FEE LEVELS.

STUDENTS

IN

PARTLY OF

26

FUNDED

THE SPOKESMAN POINTED OUT THAT STUDENTS IN INSTITUTIONS BY THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE WERE ALREADY REQUIRED TO PAY INTEREST ON THEIR LOANS.

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