= | DOUGLAS COLLEGE ARCHIVES January 20, 1984 Student Financial A A dramatic increase in enrollment coupled with a seriovs shortage in scholarships, bursaries, | and emergency loan funds has Periggened the establishment of a. Douglas College campaign to raise $250,000 for an endowment Fund. The Douglas College Board recently approved a Student Financial Assistance Fund seeded | with an initial allotment of | $30, 000. | "The government provides very few scholar- ships and bursaries for our students," said | Board Chairman Bill Emerton. RG a time when economic conditions are placing an increased demand on family in- comes and government resources, many good students will be deprived access to any form of financial assistance, unless we start. doing something now. 43 Presently, non-government financial aid is available as a result of single don tions from private individuals. Often these are designated for Specific types of assist- ance. The provinces's student aid program was cut severely in the last budget, down from $24.6 million to $14.6 million. At the same time, enrollment at Douglas Col- -lege jumped 27 per cent and according to Financial Aid Officer Julie Steele, applica- tions have escalated an equal amount. | "Up until the 1982 school year, the numbers of applicants for financial aid remained crcl constant, but since then, there has ic increase in the numbers” each year,” said Steele. The Financial Aid Officer also points out that many students applying for assistnace were rejected because the funds ran| out. j "In the case of the Adult Basic Student Assistance Program, many students were rejected be se we did not have enough money to ‘meet our 100 per cent in- crease in demand,” Steele said. "B.C. Student Assistance Prosrany applicants can be disqualified for many reasons in- cluding assessment based on family incomes, and the provincial residency criteria," According to Randi Duke, the Community Resource Devel opment Officer at Douglas College, all donations will be-deposited into a permanent trust fund. Overhead, such as the cost of administration. will be born by the College. Although the first part of the campaign will be directed at staff, faculty and ad- ministration at the College, solicitation of funds in the community will begin. 1p February. "We hope that a strong showing of support for this campaign from within the college will lead the way for contributions from the community," said Duke . For further information on this fund, call the Community Resoruce Development Office at local 4811. Education