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Continuous 8 MIT News Service Cambridge Since 1881 0 be Massachusetts Volume-106, Number 44 Friday, October 17, 1986 ,, I L- I I - -I dYI -L --- I I -- II Alumni Sitart S. African fund By Andrew L. Fish MIT administration. But the dicted. The fund will be free of A group of MIT alumni' has es- numbers of alumni contributing South African-related stocks. tablished a trust fund designed to to the fund may change adminis- Trustee John C. Correa '81 pressure MIT to sell its holdings tration policy, he asserted. said, "we are sending a clear in companies doing business in Assistant Professor of Finance message to the MIT administra- South Africa, said Philip Katz John E. Parsons, an endowment tion." He said the fund was "lob- '82, a trustee of the fund at a trustee, said the fund was "one bying" for the senior class gift as Wednesday press conference. small step toward reducing the well as organizing a direct mail The fund, called the MIT En- economic and military might of campaign to alumni. dowment for Divestiture, will ac- the country of South Africa." Professor Willard Johnson, an cept contributions, but will with- The fund should cause the ad- fund trustee, said the endowment old them from MIT until either ministration to be concerned was "the outgrowth and culmina- MIT divests or apartheid is dis- "that alumni will stop giving to tion of a long effort." He said, mantled, according to the trust the university," Parsons added. "The message must be sent that declaration.- If the conditions for The trust fund showed "that it [South Africa] will stand alone the release of the trust are not is possible to support MIT and on every issue." met by 1994, the money will be support divestiture," Parsons Johnson said the goal of the given to Amnesty International continued. anti-apartheid movement was be- and the United Negro College Income from the funds will yond the stage of public educa- >i "Fund, the declaration said. vary, sometimes earning more tion. The movement must now "Through the endowment, than MIT's endowment, some- "press companies to get out of i :~ alumni can tell MIT that they are times earning less, Parsons pre- South Africa;" he added. concerned about apartheid," Katz said. He called the endow- ment "-yet another voice among Education comrnittees Mark Viirtue many to tell MIT to take a moral Women's Rugby Captain Rachel Berman '88 gets Ithe and fiscal stand against South report to faculty ball in a line out during Saturday's match vs. SUbNy/ Africa." By Sarita Gandhi month. Cortland. MIT lost 3 tries to 0 in Beantown's 10th an- Katz conceded that the fund A regular meeting of MIT's Gray's report emphasized the nual invitational. They lost to Williams College Sundlay. would not provide "any kind of ------ ----- -- I rr ---_--_I , _, faculty was held last Wednesday importance of students at MIT. economic pressure" against the afternoon in 10-250. The agenda Among other topics in Gray's re- included discussion on the on- port were concerns about the Fenway House wins legal battle going curriculum reform as well standards of admissions, Course By Katie Schwarz corpor;ation officer. The current The lawsuit has been going on as reports by the President Paul VI crowding, the Freshman year, I: MIT's Fenway House has officerssintend to continue leasing since before this year's seniors E. Gray '54 and Provost John minority student education, grad- emerged successfully from a the piroperty to the Fenway were freshmen. House members Deutch '61. uate student housing, and the three-year legal contest for pos- House living group. The Sigma at first thought the case would be The first item on the agenda need for increased integration be- session of its house at 34 the Fen- Alpha Mu members of the corpo- thrown out of court, said house was Gray's annual report. Gray tIween different academic fields. way, Boston. ration could still vote to return manager Mary Reppy '87, but had already submitted the report Dean for Undeirgraduate Edu- Sigma Alpha Mu, the national the -house to the fraternity, but saw it as a more serious threat as to the Corporation, he said. Gray cation Margaret MacVicar '65 fraternity of which Fenway relative ely few of them are inter- time went on. They began the le- indicated that the report will be presented the three. academic House was once a chapter, filed ested in doing so, the officer .gal battle with about $10,000 to published for the MIT communi- commission reports that were re- suit against the current occupants added. -- (Please (urn to page 18) ty 'as an insert in Tech, Talk next leased last week, one in final of the house in 1983. The MIT Fe fbrm, the other-two in interrnedi- chapter broke off its affiliation wer unde;rgrads quali'fy for aid ate form. MacVicar described the with the national in 1973, ren- purpose of each of the three re- amed itself Fenway House and By Philip J. Nesser II students' families. As a result, tightened up its GSL program, it ports, but indicated that time has been alloted in a future meeting became an independent, coopera- The number of MIT under- fewer undergraduates can qualify has ensured that all other finan- for more detailed discussion of tive living group. graduates qualifying for financial for aid, he said. The financial cial aid programs will continue to these reports. The house is officially owned aid ha as dropped substantially distribution of MIT students has receive funding over the next five The report of the Committee by a corporation composed of over th e past three years, accord- not significantly changed, he years. former residents, organized to ing to Leonard V. Gallagher '54, added. In an attempt to continue to on the Humanites, Arts, and So- hold title to the house when the directo.r of student financial aid. The federal government has re- meet its policy of providing all fi- cial Science Requirements, (Please turn to page 18) fraternity chapter bought it in In 198 3, around 58 percent of cently passed several bills which (Please turn to page 2) 1961. In 1978 the alumni corpo- MIT u Undergraduates received aid now require all GSL applicants ration amended its bylaws to per- througi -hthe Undergraduate Office to complete a financial verifica- New tax reform may mit non-fraternity alumni of the of Financial Aid. This number tion form. This change in policy house to join the corporation. has ste'adily dropped since then, has had little effect on MIT be- to 48 percent this year. cause the financial aid office has affect MIT financial aid The corporation now com- falling By Jinnie Jung 1990, and 0 percent beginning agher attributed this trend prises about 300 initiates of Sig- Galla required students to fill out First in a two-part series exam- 1991. Gallagher indicated that ome tax reforms over the MIT's standard financial aid ma Alpha Mu and 150 more to incc ining the effects of federal tax re- nondeductibility of interest pay- ew years which have low- form. alumni who lived in the house as past fe form on student financial aid. ments would create only an small he tax bills of some MIT Although the government has Fenway House, according to a ered ti Today's articlefocuses on 'under- incremental change to the entire graduatefinancial aid. educational cost to a student. lWore students join Japan program The impact of the federal tax Interest payments on Parent Loans for Undergraduate Stu- By Priyamvada Natarajan gram attracted only three or four Interns gain first-hand reform act on financial aid recipi- dents will also no longer be de- The MIT-Japan Science and studentts, but the program accept- knowledge of Japanese research ents is difficult to forecast, ac- Technology Program has exper- ed 19 new students last fall, she cording to Director of Student ductible, Gallagher said. Parents The program, which was estab- could consider taking out home- ienced growing student participa- said. Financial Aid Leonard V. Gal- lished by Professor of Political equity loans instead, since the bill tion since its inception five years "The lagher- '54. ere is no technologically Science Richard J. Samuels in allows deducting interest pay- ago, according to Patricia E. advanc The federal tax reform act, as ced foreign country less 1981, now supervises the place- ments on this type of loan, he Gercik, coordinator of the pro- well u it now stands, will impose taxes nderstood and more in ment of 8-10 students in'intern- on portions -of scholarships ex- suggested. gram. .need o:f understanding by Ameri- ships every year, Gercik said. Stu- Additionally, the amount of to improve can te ceeding the amount of education- The program aims :hnological leadership than dents have worked at Toshiba, charitable contributions to the "US-Japan collaboration in edu- al expenses, Gallagher pointed Japan, " according to a program NEC, Matsushita, and Hitachi as Institute may decrease as a result cation, research, and public servi- out. let. well as the University of Tokyo "Scholarships that total less of the reduced financial incentive ce," Gercik indicated. and Kyoto and Japan's national incurred by the tax reform, Gal- One of the program's major "The than tuition plus supplies will not ere is a lot to learn from laboratories. lagher predicted. The new legisla- activities is to prepare a number Japan, be taxed," Gallagher explained. "Gercik added. "It is a The internships enhance the "Very, very few MIT undergrad- (Please turn to page 18) of MIT students for internships unique experience for students to students' language capabilities uates have scholarships that ex- * r s .