The UCF Report, Vol. 03 No. 37, May 13, 1981

              University of Central Florida
Orlando, Florida 32816
Wednesday, May 13, 1981
Volume 3, Number 37
Non-Profit Organization
Bulk Rate Postage Paid
Permit No. 3575
Orlando, Florida 32816
Address Correction Requested
The UCF Report
News and Announcements for the Faculty and Staff of the University of Central Florida
On the local scene
Knight Notes
They did it again! A UCF
crew has brought home
another national
championship in the wake
of this year's Small College
Championships in
Philadelphia.
A tip of the oar to our
men's lightweight varsity
four, who bested Charleston,
West Virginia, Jacksonville,
LaSalle, and Drexel in their
win.
The UCF women's varsity
four were barely edged out
by Witchita State for a
second place in their race;
UCF's men's freshmen four
finished third against Tampa
and the Coast Guard, and
our men's varsity four had to
settle for sixth in their race.
The weekend win in
Philadelphia gives UCF a
total of six national rowing
championships in the past
decade.
Before campus baseball
buffs descend upon The UCF
Report with bats in hand, let
us correct the good ole "Boy
of Summer" in last week's
paper who committed an
unassisted error by putting
Luke Appling in a Chicago
Cubs uniform. Anyone
worth a bag of peanuts would
know that "Luscious Luke"
was the two-time American
League Batting Champ for
the CHICAGO WHITE SOX!
Sorry 'bout that!
The U.S. gained a
dedicated "new" citizen
earlierthis month. N.D. Hoan,
a native of South Vietnam
and director of UCF's
International Student
Services, became a
naturalized U.S. Citizen on
May 1 in ceremonies at the
Naval Training Center.
Congratulations!
"Being entirely honest
with oneself is a good
exercise."
—Sigmund Freud
Education loan squeeze likely
The run is on in Central Florida
to apply for education loans for
this year's crop of college students
and their parents before budgetary
cutbacks filter down from
Washington.
While financial aid officers
generally are more optimistic now
than they were several months ago,
many feel the bite on student loan
policies will start taking effect
early next year.
Of major concern to students
and parents are proposed changes
in eligibility for the Guaranteed
Student Loan, which under current
law enables undergraduates to
borrow up to $3,000 a year,
regardless of family income.
Indications are the Reagan
Administration will ask for an
income ceiling to regulate and
restrict loans.
According to Don Baldwin,
director of Student Financial Aid at
UCF, who administered
$13.8 million in loans, grants,
scholarships, and work/study
funds this year, there is a strdng
possibility that the annual family
income limit will be set at $25,000.
The immediate result would be "a
ton of paperwork necessary to
document each application for a
Guaranteed Student Loan according
to financial need," he noted.
This year, 60 percent of UCF
students received some sort of
financial assistance through his
office, Baldwin added.
The impact of the Guaranteed
Student Loan program at UCF is
apparent in the $6.5 million in
such loans made this year.
Students or parents applying for
the program are charged 9 percent
interest on their loans, with
payment beginning after graduation
in most cases.
A prime reason for projected
UCF football coach Don Jonas and Pat Stenberg, conductor of the UCF
Community Symphony, rehearse for Saturday's "Pegasus Pops" program
on campus, assisted by Yvette Kastor, who plays viola in the orchestra.
Pegasus goes 'pops'
Music, dancing, all the popcorn
you can eat, and a special
appearance by football coach Don
Jonas, reading poetry, no less, will
spark a scholarship concert
Saturday evening on campus.
Everyone's invited to the 8 p.m.
"Pegasus Pops" bash at the
Student Center featuring the UCF
Community Symphony Orchestra
and "Unicorn," a new jazz group,
and...Jonas.
Dance instructor will be Pat
Higginbotham (Educational
Services).
Although mum about his
repertoire for the occasion, Jonas
refutes allegations he'll recite
Knute Rockne's "win thjs one for
the Gipper" speech.
A $5 donation to the UCF
Scholarship Fund entitles ticket
holders to a free beer or soft drink
and free popcorn for the entire
evening. Additional liquid
refreshments will be available to
help wash down the popcorn and
poetry.
The UCF-style "Evening with the
Pops" is under the direction of
Patricia Stenberg, conductor of the
Community Symphony, and will
end with "Unicorn" playing for
listening and dancing.
cutbacks using new maximum
income regulations is current law
that requires the federal
government to pay all the interest
on such loans until pay-back
begins. With no ceiling on income,
there is no way to project how
many loans and how much money
will be involved in a single year,
Baldwin explained.
The UCF official also anticipates
a marked reduction in federal
funding for Pell Grants (formerly
known as Basic Educational
Opportunity Grants) which do not
have to be repaid. Grants are
awarded on demonstrated financial
need, and the amount is based on
a student's or family's resources.
This year, $3 million in Pell Grants
were awarded at UCF.
The picture at UCF is a reflection
of the national scene. The feeling
among financial aid officers is that
students who apply for and receive
Guaranteed Student Loans before
October will get the same terms
and conditions that now exist.
As for the future, added Baldwin,
it's wait and see. "We definitely
will feel the impact of the
Washington climate soon." The
long-range effect on UCF? It can
only be conjecture at this point, he
observed.
^^ JJ^ JJh ^J^ JJt 5K ?J^
National
picture
tentative
Financial aid officers have begun
urging college students to apply for
next year's Guaranteed Student
Loans at local banks as soon as
possible so the banks can complete
processing in plenty of time before
the beginning of the fall term.
Many of those student aid
administrators had publicly
expressed concern about the
negative effects of aid cuts. But
now they say that they are
increasingly optimistic that none of
the budgetary cutbacks the Reagan
Administration has proposed for
the program will be enacted in time
to endanger the prospects of most
of the students seeking the loans
for college expenses in academic
1981-82.
Officials even predict that the
total loan volume for fiscal year
1981, which ends Sept. 30, will at
least come close to matching last
year's total of about $4.8 billion.
Last year 2.5 million students
NATIONAL, page 4