Newmarket Public Library Digital History Collection

Newmarket Era and Express, 9 Sep 1964, p. 3

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

girls played good ball this is the first time that Sept 1 flrar I i ill so of good of officers for Church News SI On 15 lort the JEFFERY FUELS LTD York Cooperative Medical Services Protection at Coat Profit Owned and Controlled by the Members Coverage for Family Single Group Two Plana to choose from To York Cooperative Medical Services Yonge St N Richmond Hill Ont 8841501 NAME ADDRESS request does not censed by the LOANS FOR STUDENTS Guaranteed by the Government of Canada The purpose of the Canada Student Loans Act is to facilitate bank loans for students who need financial help to continue fulltime studies beyond secondary school level at Universities and other educational it l apply Any Canadian citizen or anyone resident in Canada for one year who intends Canada after completion of studies may apply for a loan under the I be enrolled or intend to enrol as a fulllime slut i educational institution approved by provincial authorities and the standards of academic qualification and financial need by the student loan authority in the Province in which be applies Amount of loans Depending upon individual circumstances and financial need loans up to SI a year may be made with a maximum of during a students academic career The Provincial Authority receiving applications and deter mining eligibility will issue a certificate to each eligible student staling the maximum amount the student may borrow This Certificate of Eligibility is required before a student can arrange a Government Guaranteed Student Loan with the bank of his choice Repayment Interest Free and Delayed Repayment Period To assist students the interest on loans during the period a student continues fulltime studies and for six months thereafter will be paid by the Government of Canada During this same period no repayment of principal is required nor will any service charge or fee be payable by the student Method Repayment Borrowers will begin to pay interest and to repay loans six months after they cease to be fulltime students The current interest rate to students is per annum Normally the repayment period will be five to ten years Borrowers have the right to repay loans in part or in full at any time without penalty Lire Insured In the of the death of a borrower responsibility for repayment of loans will be assumed by the Government of Canada A list of approved educational institutions in Ontario is contained in a brochure now available at banks universities and other educational institu tions Ontario residents planning to attend one of these institutions should apply directly to that institution for a Certificate of Eligibility Ontario residents planning to study in other provinces or countries should direct enquiries to Department of University Affairs Suite 600 Bloor Sued West Toronto CANADA STUDENT LOANS ACT WATCH FOR Take Advantage Of The Many Terrific Specials During ROBINS PHARMACY SEPTEMBER Starting Monday Sept 14th to Saturday Sept 19th

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