A loan fund of an amount up to $5OO will be available to second-year students of the Tuck School beginning September, 1924. The fund will be established through a series of annual gifts by an alumnus of the College and the Tuck School who prefers for the present that the fund stand anonymously. It is intended to aid students graduating from the College who wish to, but could not otherwise, return for secondyear work in the Tuck School.
The loans from the fund are to be granted upon the recommendation of the Dean of the Tuck School with the approval of the President of the College. If it seems advisable in any given year to advance smaller amounts to more than one man, provision may be made accordingly. Recipients of loans will sign notes of definite maturitybearing interest at rates similar to other student loans.
Should nothing unforseen develop, the donor states that he will continue to advance the loan annually, until the principle of the fund resulting from the repayment of loans is sufficient to maintain itself.