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THECORDWEEKLY WilfridLaurier University Waterloo, Ontario Thursday March 5, 1981 Volume 21 Number 19 Need a loan? well... by Rodger Tschanz that it shouldn't be. Inflation The month of March has entered seems to be another point like a lamb. overlooked by this program. This phenomenon seems "For to act as an omen forecasting rough every dollar they (Ontario students) weather to come; in the case of received (from the OGP) some in they students it is an indicator of rough 1976, now receive 88«." To another economic times to come. Ac- quote example, the living companing the worries of passing allowances for students living at exams is the problem of making home has not changed in 2 years. So OSAP theirbankaccounts last until the end has given you a bum of the term. deal, what can you do about it? To make the summer's earnings Horace Braden welcomes people and OSAP last the full year is atrick with questionsto comeand talk over that takes some experience and for any problems. Unfortunately the first year students with little final date for appealling OSAP's TSCHAN2 end of experience doing this, it borders on decision, the February, has the impossible. Horace Braden of already passed therefore forcing Student Awards says that this other action upon students in need. Unless a student RODGER inability to budget is probably the is part-time or is BY single major problem forcing abnormally organized, to work to students into the March financial support oneself along with keeping PIC pinch. Because of this problem his up the grades borders upon the Students at Laurier ware givan a chanca to Imbibe soma •outharn culture while avoiding the exacerbation of department has set up a program to impossible. Although it has been Canada's balance of payment* deficit. The Caribbean came to themlast week In the Concourse. assist students in their budget done for the majority of budding planning during the late summer intellects other recourses tend to be and early fall. "I express strong more attractive and less damagingto Premier Davis keeps on interest in planning budgets and the GPA. growing working with students well in The university also operates a by Nopper Index, students would be paying remain a Norm constitutional monarchy, advance" says Mr. Braden; since this short term loanfunding about $2200, and on a percentage and that has is the time service for Premier William Davis made a this been his position when the most benefit full-time students. The campaign stop at Laurier three basis, tuition fees make up only for 10 years. from his can be realized. maximum efforts for this loan to any given student is weeks ago speaking to a capacity about 13% of university funds. Granted budgeting ■ Asked if, in view ofhis support of is important $200. A $4 service charge crowd the Turret Regarding the federal cutback on but for with no money in \ the Prime Minister, he has students to accompanies theloanifit isrepaid in He gave a short speech, before funding to the provinces, which is aspirations forthat job, hereplied in budget in the first place; other action 60 affect Ontario's days; for longer periods of time devoting most of his time bound to the negative, saying that his present must be taken. The government has there is an additional charge. The institutions, Davis said that the entertaining questions from the job is tough enough. come out with a great program fund is limited in size and therefore universities and the students cannot audience. One issue that has followed Davis neatly labelled OSAP which is relies on continuous recirculation to costs. On OSAP, he said Davis said that people go into absorb the throughout the campaign reared its intended to lessen the disparity students to do its job.The deadline the program does not cover all politics because they feel that they that head: the Re-Mor-Astra affair. which exists between the "haves" for this loanapplication is March IS. student expenses, that it is the can help the people which they can but Asked if it could happen again, and the "have note", thus allowing These applications are also most generous program in Canada available help the people which they wish to Davis replied that he didn't believe students who wouldn't ordinarily in the office of Student Awards. represent, and that this campaign is or the United States. so. He repeated, as he has have a chance to attend a post- about those people who are served. Davis was asked why he had throughout the campaign, that ifitis secondary educational institution to Theprerequisite for getting a loan Stating that Ontarians can have waited to implement his Build established thatthere wasnegligence do so. from the university is that of need. confidence in building thisprovince, Program until four days before the on the part of the provincial and Unfortunately this program has The banking system however uses he believes the people must come to election call, when he had been in federal governments in licensing Re- its shortcomings andconsequently it different criteria for giving out grips with the problems of a lack of power for ten years. He responded Mor and Astrarespectively, then the is misused by people who have no loans. If a student has an empty economic growth and stagflation, that a study concerning theprogramr investors will be paid, but that the need of its assistance. On the other bank account and no readily and that the government has a had been conducted overa period of liability should be shared equally by hand people requiring more liquidated assets it is nearly committment to the citizens to seven months prior to its each of the two levels of assistance are sometimes denied it. impossible to secure a loan unless: develop an investment plan which announcement, and that it was only government. A brieffrom theOntario Federation 1) your parents guarantee the loan. will exploit the advantages and a coincidence that the election was In a short interview with the Cord of Students to the Federal/Pro- 2) you have a part-time job or you qualities which this province has. announced a short time later. after his appearance in the Turret, vincial Task Force on Student .have a guaranteed job lined up for Davis listed such Tory government , The government has created Davis elaborated on this theme, Assistance, printed in June of 1980 the summer, or accomplishments as the start ofthe 100,000 jobs per year since 1976, he saying that while he is sympathetic states that one ofthe weaknesses of 3) your grant cheque or Student Hydro plant at Darlington, and went on to say,adding that therehas to the investors* plight, he needs a the "program is its constant Loan is late in coming. technological developments in the been growth in the Gross Provincial legal basis in order to make underassessment of student's costs. When dealing with thelast point it fields of transportation and micro- Product, and unemployment has compensation. He said that a lot of Independent students are assessed would be advisable to approach a electronics, in which he said Ontario hovered around 6.6%. He declared taxpayers want tomake certain that $72 for weekly costs whiledatafrom bank branch which does a has mdved ahead of the Japanese. that the Build Program has there was negligence' in the the Social Planning Council of considerable amount of business Responding to a question on the substance and that it is the most government's actions, and that the Metro states that the average living with students. These branches tuition hikes at universities across important document in terms of government cannot protect expenses of a single person for a usually know the personel in Ontario, he said that the province is plans for this province. everybody in terms of the week is close to $92; this data has Student Awards, allowing them to very competitive with other On the matter ofthe constitution investments which they make. been estimated for the year 80/81 check up on your situation easily. Of provinces with respect to funding on and his support for Prime Minister Also during the interview, asked assuming a 10% inflation rate. course it goes almost without saying that you will be expected to pay the a per capita basis, if OSAP funding, ■ Trudeau's plan for repatriation to what he believes are his chances for Although the cost ofliving is higher depreciation on capital and various Canada, Davis declared his stand to gaining a majority government, in Toronto that in other parts of bank's regularly high interest rates. other factors are taken into account. be a desire for pat nation ofthe BNA Davis said that what he is looking Ontario this inconsistency leads this Other means of acquiring Quoting figures, he stated that ten Act. He said that he is not for is another "mandate", and that article ta another problem with financial assistance undoubtedly exist such as years ago, tuition rates were $450, supporting Trudeau as such, but he "is lookingfor support from the OSAP which is its failure to allow approaching one's or friends for These rising only toabout $810today. Had i that his personal view as a Canadian people (of Ontario) to provide (the for regional price differences. This parents a loan. the increase in rates kept up withi is that the constitution should be in government with) leadership which regional disparity although ignored means must not be ignored increases in the Consumer Price Canada. He also wants Canada to only the P.C.s can provide".

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