ALL four undergraduate classes have now been brought under the College's expanded and strengthened program of financial aid for needy students, with the result that a record number of students are receiving a record amount of aid this year. A report by Robert K. Hage '35, director of financial aid, estimates that during 1956-57 a total of $731,750 will be granted to 760 undergraduates, which means that one out of every four students will receive help in the form of a scholarship, a loan, or a combination of the two.
The total of $731,750 ($626,750 in outright grants and $105,000 in loans) compares with $680,421 last year. The student total of 760 compares with 698 last year. The average undergraduate scholarship grant this year is $895, while the average freshman grant is $1,023.
Of the 760 men on aid, 310, most of whom are freshmen, are receiving scholarships only, 390 are receiving a combination of scholarship and loan, and 60 are receiving loans only. The increased use of loans in Dartmouth's financial aid program is the subject of an article in this issue, beginning on Page 30.
All four classes contain National Scholars this year, for the first time since this phase of the scholarship program began with the Class of 1957. The matriculation 'his fall of twelve Daniel Webster National Scholars, seven Alfred P. Sloan National Scholars, and one Edwin Gould Foundation National Scholar raised the number of National Scholarship holders in all four classes to 68. The total amount of outright grants to the 68 men this year is $76,000.