HomeMy WebLinkAboutThe Goderich Signal-Star, 1976-09-16, Page 21V
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Each year, many young
people in Ontario 'continue
their post -secondary
education with financial
assistance obtained .through
the Federal Government's
Canada, Student. Loans Plan .
and grants provided by the M
Government of Ontario. The
_.loan anal.. arlt, prograD2a are
both administered through
the Provincial Government's
Ontario: Student ' Assistance
Program (OSAP). •
Loans are interest fres
while students are in full-time
attendance at the specified
educational institutions.
Grants_:do not normally have
to be repaid. "
In addition to OSAP, a
• number . of bursaries,
fellowships, scholarships and
other forms of financial
assistance are available•,'..
through the Federal and
Ontario Governments.
Students may qualify for
loan,and grant assistance if in.
full-time attendance at -a
university,, a college of app
plied arts and technology, a
teacher education college, a
'college •of .agricultural
• technology, ,Ryersori
Polytechnical Institute, the
Royal Military College of
Canada, the Royal ' Con-
servatory " of. Music, the
Ontario College of Art, the
-Ontario Bar . Admission.
Course, the Canadian
Memorial Chiropractic
College. .
Loan and grant., assistance
may also. be possible . for
students planning to attend a•
university, • an approved
community college or a.
Canadian Military College in
another province, as well as
an Ontario :university in a
preliminary year equivalent
to Grade 13, or one of the
numerous public and private
post .;ceondary' rinstitutions,'
in Canadaand• throughout the
world, which are recognized
,,by .the• Ontario •Government.
All loans and grants are, of
i
course, only awarded n cases
of financial need, within
clearly specified guidelines.
While :loans are interest
. By lack Riddell ilurany-Middlesuu.MPP.
free during the period of full-
time attendance at . a
specifiededucational in-
stitution, repayment must
usually begin six months
after , •completing . such full-
time . study. Interest rates
vary slightly from year to
year, and • student's are ad-
vised to discuss this matter
when' negotiating loans,.,
immediate repayment in full
is' required if. false . or
misleading information is
provided in applications, and
partial repayment may be.
required if financial cir-
cumstances change.
More than 106,000 ap-
plications were received by
OSAP in , 1975-76,..m and
assistance was • provided to
more than two out of every
five` students in Ontario. The
province's budget for OSAP
grants this year is $61 million,
up from $49 million in 1975-76.
As of August 27th this year,
more .than 74,000'applications
were received by the Ontario
Student Assistance, Program,
of which almost 50,000 have -
already been processed, and
the results sent out to- the.
various colleges and •
universities. Another 15,000
applications will be processed
and: :returned to the in-
stitutions in the next week or
so.
There has, ' apparently,
beensome delay in
processing applications, due
to the great number.received
in a comparatively ' short
period. However, for the. most
part, those . students., who
applied early in the summer
should ' know the' results of
their applications by the end
of September, provided that
all the necessary information
was supplied: Any inac-
curacies would, .of course,
slow down processing of the
application. '
OSAP loans and grants are
only available, •to full-time
post -secondary students who
'are .'unable to meet the full
cost of their education.
_Usually; the first $1,000 of
assistance is provided; in the
form of -a loan guaranteed by
Walter Thomas (right) of Goderich presents a gift to'
Ohene Anoff of Accra, Ghana at the Gilwell Reunion held
at Blue Springs, Ont. Approximately 1674 leaders gather
for the 25 adniversary reunion held last weekend.
consumer information
SUPPLY OF NATURAL GAS
Will .therJ be natural gas for the futur"ef Yes.
Canada is fortunate in having large supplies of-'''
naturatgas;in currentproducing Provinces,: like
Alberta, as well as in the frontier regions of, the
Canadian. North. In addition, synthetic gas made
from Canada„s tremendous supplies of coal' can
become a reality in, the near future. And_con-
servation will •alsol be able to play,. -a significant
role in the supply 'picture.
For more .information on the supply of natural
gas, call CONSUMER' SERVICES for the
booklet, UNION GAS: • YOUR FUTURE,
available at no cha0e.
•
For Areas free-callingto London
Di 1434-4505 , .
For allot r Areas (Toll Free)
-, Sia 14800-263.4114
roman
•
the Federal Government,
with additional funds being
provided in the form of a non -
repayable grant from the
Province.
Students who ' were unable
to find work this summer
May also'be :eligible : for ad-
ditional ..loan `assistance, • in.
view ' of their. particular
rcu ` les.
My artiere last._week.,
outlined the special Ontario
G()11ERICH
•
lii•AL. STAR, THURSPA ,1
PTEMBER 16„ 1910 - Pili! 1!
-Grvernn�'en't
will provide' up _to'75`percent- •
of the cost of repairing unsafe
arenas in the Province. Many
arena boards have decided
float' the cost of .repairing the.
arenas to meet the new
standards could not be
justified so they have opted to
build new arenas. There
seems to be some'confusion
about the+financial assistance
•that would be available, under
the i;pecial' 'government
6g>'1r�1-feac-ihc-Gc nstructicu .-.�-
the' grants for which the
s - Centres Act would -amount"
• one quarter of the cost of .
repairing the arena or IA x
• Community and Recreation'
°arat.wouTd be. ....eligibl i
quite corri•klicated.
I will endeavour to explain
the program by: using
hypothetical cost figures..
Assuming that an arena
board has received a cost
estirinate of $150,000 to repair
an arena and that in a its
wisdom, it. decided to rebuild
the arena at a cost of 6650,000
the following calculations
would be made to arrive at
the amount of fundin whi
wo ' -' o e' ort coming from
'the Government: .
The grant under the•
of new arenas and such
confusion . is understandable »»
as the method- of determining
150 000 which would equal
637,500. Wintario would
prorvi.de funds '.'up • to a.
maximum' of $75,000,,
providing° the arena' board
could raise 637',500 from the
public sector through public
subscription; This is based on
$2, Wintario"•funds"for every.
61 raised through public
subscri►tion.
Additional funding will be
made on the difference.
between the cost of building a
new strpcture and'the;rcost of
repa •ring..._ .the• ...,. ears i
structure and for the $500,000
'($650,000 t $150,000) it would
be calculated in the following
Funding under the Com-
munity and.. Recreation
Centres Act would amount to
one: quarter of the $500,000 or
6125,000. Wintario will fund
one . third of the , remainder
($500,000%- $125,000-- $375,000)
which comes to $125,000:.
For the total cost of $650,000 .
to build `the, arena the board
would receivefunding to the.
extent of $362,500, providing
at least 937,5(10 roue' rraliiifcft
In other words the arefa
board . will • receive *162,500
from -,the Community and
Recreation Centres grant,
and: $200,000 'from Wintarlo.
Mnn>, m c iart
the Arena•Board had,received
:grants : previously then tlrlit
;amount would 41*e deducted
froom the $150,000 •ant.
available ' under •the. ` �om-
munity. and Recreation
• centres act for the arena and,
community centre !-' $75,.000:
per facility. • -
•
•
•
•
Birthday Sale Days:,
THURSDAY, SEPT:,.1:'6th to"•
SAtURDAYrEP+T., 2 5'th
OFF
ALL REGULAR AND
VINYL WALLCOVERINGS
IN STOCK.. ' •
LINOLEUM
COVER•
INGS
ALL CARPETING AND'
FLOOR
COVE S IN STOCK.
m:>t' ht th ink I
L.Is.sIe SI.I'I .
Y.
' Stcindi.ri1I9 o►. ray t3.►rfhoy
Amy
.Bii the al ...,ar►cI I'r ►
silly wi4 h pride. ' Now
tit) n'4:_ be --clum irrov fitted ..
by +he reductions.
'ern g;v i ng.: As incred—
ible
ncredsible QS they may seem,
.hey're ,true.
Yo'v see I'm. ca big.
boy .now gncl can 'do
at 'wc'r%t. besides,
..only=hciue- E'seco -
Bir+hdgy 'once • i h my
IUfe-f;me.
fiat'+ Mizen
OFF -
EACH' QUART OF FIRST QUALITY
C.f.L. INTERIOR AND EXTERIOR PAINT
IN STOCK
•
'STORE' HOURS:
• MON. 9.6
TUES. 9 - 6
WED 9 •.12
THURS. 9-- 6
FRI. 9 9
• SAT. 9=5
.'3
•
OFF
EACLI PINT OF FIRST.QUALITY
•.; C.I.L.:INTERIOR AND EXTERIOR PAINT
IN STOCK
Cia ►t AMten's Birthday Sale.
Because hismommy said
he could have One.
•4-, 524-8532
i
PAINTS - WALLPAPER - FLOOR` COVERINGS 'CUSTOM DRAPERIES - EXPERT INSTALLATION
'
36 WEST St
• THE SQUARE, GODERIC'H
•
0,2442.