Article on financial policy contains inaccuracies
I'm sorry that the article on the Public Service Center Fellowships ["PSC to offer $1200 fellowship grants," Oct. 29] contained a fundamental misunderstanding of Student Financial Aid Office policy.
Our treatment of these fellowships is exceptional -- but the policy we are setting aside is
not the one concerning the use
of College Work-Study funds by students working for off-campus agencies. That policy remains in place and unchanged.
The PSC Fellowships are funded by money available to the
PSC from private sources; federal work-study funds are not involved.
The exception that the SFAO approved is that these fellowships will be allowed to represent the work component of a needy student's financial-aid package. This means that the SFAO will not reduce its original award of grant and scholarship to the students who receive PSC awards, as is normally the case when grants are received from scholarship agencies outside the Institute. The reason for this exception is that the awardee will indeed be expending a considerable work effort in fulfilling the conditions of participation.
Leonard V. Gallagher '54->
Student Financial Aid Office->