HARMON FOUNDATION NAMES DARTMOUTH FOR LOANS

Dartmouth has again been chosen by the Harmon Foundation of New York as one of the fifty-eight American colleges and universities to receive a fund from which loans will be made during the present academic year to students. This is the fourth year that opportunity has been given Dartmouth students to borrow money under the Harmon plan which requires only evidences of good character as security for a loan and provides for repayments in small installments that do not begin to become due until a year after graduation.

Already sixteen young men from Dartmouth have eased a financial strain in college by borrowing from the Harmon funds, and so released an energy for studies and participation in college events that might otherwise have been too closely applied to "working a way through." There was a loan fund of $1,000 administered through the Division of Student loans of the Harmon Foundation at Dartmouth in 1923-24, $1,000 in 1924-25, $1,000 in 1925-26, and this year $l,OOO will be available to college borrowers in amounts up to $250.

Since the organization of the Division of Student Loans in 1922, the sum of $193,232 has been borrowed by 1,165 students in colleges and universities scattered throughout the United States.