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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 13, 1965
Page
8
Financial aid planning should start early with help from college offices. Consider savings, parental contributions, grants, part time work, and loans. Expect 15 hours weekly work limit, with $9:$1 college match under the federal program, and loans available through colleges and the National Defense Student Loan Program.
Horizon Oil Co. geologist David Waldron identifies a south Geneva natural gas strike as a major find. Plans call for at least 10 wells over six months with initial output up to 600 000 cubic feet per day. Over 10 years the field could yield about 450 million cubic feet.
A reader requests copies of Dr. Leslie J. Nason's How To Get Into College And Succeed booklet at $1 each. Remittance accompanies the coupon and a request to mail to the address indicated. Checks or money orders should be payable to College Booklet.
Teachers may request cancellation of up to 10 percent of their loan for each year of service, up to five years, during an 11 year repayment period. Eligibility requires state residency and through participating colleges or college loan programs. United Student Aid Funds endorses bank loans and guarantees repayment.
Ohio will raise monthly old age and blind pension payments by four dollars next month due to higher federal standards and a new medical care for the aged law. About 63 000 old age pensioners and 3 000 blind aid recipients will gain. those in institutions are excluded.
Under the new standards elderly citizens will receive a monthly pension of 104 dollars. The rule applies whether or not recipients obtain Social Security benefits, ensuring a uniform monthly amount.
The Secret Service says about 3.364 million dollars in counterfeit currency was printed in fiscal 1965 and about 75 percent was recovered before circulation. The report notes 723 persons were arrested on counterfeiting charges.
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