ERIC Number: ED543492
Record Type: Non-Journal
Publication Date: 1946
Student War Loans Program: Final Report. Bulletin, 1946, No. 14
Flynt, R. C. M.
US Office of Education, Federal Security Agency
The Student War Loans Program, officially "Loans to Students in Technical and Professional Fields (National Defense)," was one of five essential wartime programs administered by the U. S. Office of Education. The Division of Higher Education administered two of these programs, namely, the Engineering, Science and Management War Training Program and the Student War Loans Program. Through the Student War Loans Program more than 11,000 young men in 286 colleges and universities were enabled to enter upon, and to pursue, an accelerated program of studies during the critical war years of 1942-44. An accelerated program of studies demanded the full time of these students and prevented them from supplementing their incomes by part-time work. The loans made to them from funds appropriated to this office prevented many students from dropping out of school for financial reasons and made it possible for all student borrowers to complete their courses much earlier than would otherwise have been the case. This brief report of the Student War Loans Program is aimed to provide information concerning: program origins and provisions; the method of administration adopted and carried out by the U. S. Office of Education; standards established to determine student eligibility; and program activities for the fiscal years ending June 30, 1943 and June 30, 1944. Appended are supporting documents and documentation, including: (1) Pertinent sections of the Labor-Federal Security Appropriations Act 1943, approved July 2, 1942; (2) U.S. Office of Education regulations governing student loans; (3) Form for colleges and universities to request approval of an acceleration program and loan plan; (4) Memorandum of procedure for determining numbers of student to whom loans may be granted pursuant to Public Law 647; (5) Sample promissory note--student war loans program; (6) Designation of officers responsible for assignment of borrowers to employment or service; (7) Pertinent section from the Labor-Federal Security Appropriations Act for the fiscal year ending June 30, 1944, approved July 12, 1943; (8) List of participating colleges and universities; (9) Cumulative report of student war loans program for fiscal years 1943-43 and 1943-44; and (10) Distribution of student war loans by regions and States. (Contains 5 tables.) [Best copy available has been provided.]
Descriptors: Eligibility, Student Loan Programs, National Security, Part Time Employment, War, Engineering Education, Management Development, Science Education, Financial Support, Educational Finance, Program Descriptions, Documentation, Federal Legislation, Reports, Higher Education, Paying for College
US Office of Education, Federal Security Agency.
Publication Type: Historical Materials; Reports - Descriptive
Education Level: Higher Education
Authoring Institution: Federal Security Agency, US Office of Education (ED)