American University General Information Bulletin 1964-1965
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32 National Defense Education Act Loans. Under the provisions of this Act, a student may borrow for college expenses up to $1,000 during any one year and up to $5,000 during his entire course in higher education.
The borrower must be a full-time undergraduate or graduate student in need of the amount of his loan to pursue his education, be a U.S. National and, in the opinion of the University, must be capable of maintaining good standing in his course of study. Special consideration is given to... superior students who express a desire to teach in elementary or secondary schools, and whose academic background indicates a superior capacity or prepara- tion in science, mathematics, engineering, or a modern foreign language.
Repayment of the loan must be completed within a ten-year period, to commence one year after the borrower ceases to be a full-time student. No interest on the student loan may accrue prior to the beginning of the repay- ment schedule, and interest thereafter is to be paid at the rate of 3 per cent per annum.
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To quickly assess the difficulty of the text, read a short excerpt:
32 National Defense Education Act Loans. Under the provisions of this Act, a student may borrow for college expenses up to $1,000 during any one year and up to $5,000 during his entire course in higher education.
The borrower must be a full-time undergraduate or graduate student in need of the amount of his loan to pursue his education, be a U.S. National and, in the opinion of the University, must be capable of maintaining good standing in his course of study. Special consideration is given to... superior students who express a desire to teach in elementary or secondary schools, and whose academic background indicates a superior capacity or prepara- tion in science, mathematics, engineering, or a modern foreign language.
Repayment of the loan must be completed within a ten-year period, to commence one year after the borrower ceases to be a full-time student. No interest on the student loan may accrue prior to the beginning of the repay- ment schedule, and interest thereafter is to be paid at the rate of 3 per cent per annum.
What to read after American University General Information Bulletin 1964-1965?
You can find similar books in the "Read Also" column, or choose other free books by American University to read onlineMoreLess
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