A study of student loans and their relation to higher educational finance

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Monograph

Identifikator:: 1028402236

URN:: urn:nbn:de:zbw-retromon-41825

Document type:: Monograph

Author:: Chassee, Leo Jeannot

Title:: A study of student loans and their relation to higher educational finance

Place of publication:: New York

Publisher:: Harmon Foundation, Inc.

Year of publication:: 1925

Scope:: 1 Online-Ressource (170 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

[156] THE INSTITUTION OF HONOUR LOANS—FRANCE The Students National Union at its annual Conference in 1922 pro- posed that a National Fund for Honour Loans should be created in Order to help the poorest among the students, requesting that the state partici- pate and help with two million francs during a period of ten vears to assist in the inauguration of the fund. This proposal of the National Union was passed only after a long parliamentary discussion on the prin- ciples and applications of Honour Loans. Administration and Distribution of Funds An Administrative Committee meets twice a year at the Board of Education, Paris, to administer the funds of the Institution and dis- tribute them among the different French Universities. This Committee with the Minister as Chairman, is composed as follows: The Director of Higher Education The Rector of a Provincial University A Dean of the Paris University A Dean of a Provincial University A Senator, a Deputy, a Member of the Council of State A member of the General Council A member of the “Cour des Comptes” Three heads of the great Technical Schools One important contributor President of the Students’ National Union President of a Provincial Students’ Association One Student front each of the Paris Faculties, chosen by the Minister. Local Committees A local committee meets to study the requests and distribute the loans in each university two or three times a year. This committee is formed of professors and students in equal number, and each committee in the different universities has as one of its members the President of the Students’ General Union. Method of Granting Loans A loan is made without interest and normally does not exceed 3,000 francs, but in exceptional cases may be raised to 5,000 (for Doctorates). The Student binds himself in honour to repay the loan. The repayment does not have to begin until the second year after his studies are finished.

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