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

1 PAGE 5 - PLAINDEALER - FRIDAY, FEBRUARY 25,1983 Financial Aid (This is the first of a two-part series on financial aid and avenues open to those seeking assistance to pursue an education ) by Kurt Begalka SHAW MEDIA NEWS SERVICE There are many forms of aid available to college students. But to get the dollars, you must have sense enough to follow procedures. After submitting one of several financial statements, about one month later you will receive a letter saying how much money you are awarded, if any. When filling out the Family Financial Statement or similar form, the applicant can have the in­ formation automatically forwarded to the appropriate state and federal agencies. V"", In this one-step process, students are considered for the Illinois State Scholarship monetary award, said Mary Mottla, assistant director of financial aid at McHenry County College. The award can provide full tuition and fees, and is based on financial need. Eligibility for the federal Pell grants--formerly Basic Educational Opportunity grants--is more com­ plex. Four to six weeks after applying, students receive a Student Aid Report (SAR). If accepted, the financial aid administrator at the school you plan to attend will use an aid index number on the SAR to determine the amount of your Pell grant. Ms. Mottla pointed out the grant varies depending on the school. If, for some reason, you do not receive a reply, you can call the College Scholastic Services' toll-free number at (800) 772-3537 for the status of your application. The aid index also may be used to determine eligibility for the Sup­ plemental Educational Opportunity Grant (SEOG), College Work-Study and National Direct Student Loan programs. Pell grants provide up to $1,800 per year and SEOGs up to $2,000 per year for undergraduate students with limited incomes. Dennis Wentworth, financial director at MCC, said families with an adjusted gross in­ come of $24,000 or less stand the best chance of getting an award. National Direct Student Loans allow financially-needy college students to borrow up to $3,000 during their first two years and $6,000 over four years. Graduate students may borrow a cumulative total of $12,000. They are interest-free while you're in school, then go up to 5 percent in­ terest after graduation. The NDSL program is not offered at MCC, but there is the Illinois Guaranteed Student Loan program. The GSL program provides loans at 9 percent interest. Students with adjusted family income more than $30,000 must demonstrate financial need. These loans, too, are interest-free while students attend college. Un­ dergraduates may borrow up to $2,500 per academic level ($12,500 program maximum); graduate and professional students can borrow up to $5,000 per academic level with a cumulative ceiling of $25,000. Applications may be picked up at banks or other lending institutions. Other financial aid options include: College Work-Study, Illinois Veteran's Scholarship, college and private scholarships and Emergency Student Loans. MCC has between 80 and 85 minimum-wage jobs on campus as maintenance or cafeteria workers, or teaching assistants. The college targets about $100,000 a year for this program, Wentworth said. The Illinois Veteran's scholarship is open to those who served in the U.S. Armed Forces on or before May 7, 1975. They must have been an Illinois resident, resident of the state within six months prior to entering the service or a student at a state- controlled college at the time of en­ trance. In addition, the veteran must have returned to Illinois within six months after leaving the service. The scholarship will pay tuition for four years; money which is paid by participating colleges then is sup­ posed to be reimbursed by the state. "The problem is the state has not appropriated enough money," Wentworth said. MCC is losing 40 cents on every dollar awarded. Organizations like the Rotary, Elks, Moose, Lions and Kiwanis clubs, Woodstock Fine Arts association, Independent Banking association and hospital auxiliaries offer scholarships independently or through grants to college scholarship funds. MCC has a balance of about $80,000 in its in­ stitutional financial aid pot. For students with a temporary cash-flow problem, there are Emergency Student loans. Those demonstrating sufficient need can receive up to $100 each semester at MCC out of a balance of about $8,000. Wentworth said recipients have 90 days to pay back the loan, at the cost of a $5 service charge. Finally, there are two new programs administered by banks for families with adjusted gross income above the $30,000 range--too high for the Illinois Guaranteed Student loan. The Auxiliary Loans to Assist Students program provides loans at 12 percent interest per year for in­ dependent students. Undergraduates can receive a maximum of $2,500 per academic level, graduate and professional students $3,000 per academic level. Financial need is not a con­ sideration, but a repayment schedule must be determined 60 days after you borrow the money. This is also true for the Parent Loans to Un­ dergraduate Students program. Parents with dependent un­ dergraduates can receive up to $3,000 per academic level ($15,000 program maximum) at 12 percent interest. There are also grants and loans available from the Bureau of Indian Affairs for students who are at least one-quarter American Indian, Eskimo or Aleut. With all these programs, you might think you can hardly miss, but in response to state financial woes, requirements have been tightened. Wentworth projects $5,000 less in Illinois State Scholarships this year, spread among the same number of students (132) who applied in 1982-83. The Pell grant remains the only unlimited funding source. If you qualify, you get the money. Wentworth encouraged all students to complete their aid applications in March or April. "One out of every two are accepted," he said. "That's 50 percent." ursday. Blood collected by the Aurora Blood Bank will be used in area hospitals. STAFF PHOTO-WAYNE GAYLORD BLOOD COLLECTION-In their first effort, the Women of the Moose of McHenry collected 64 pints of blood in a successful community effort held last Legal Notice 2123.07 feet of the Southwest Quarter of Sec­ tion 7, Township }̂a±hion <Snofihs NOTICE OF JUDICIAL SALE 46 North, Range 9 East of the Third STATE OF ILLINOIS COUNTY OF McHENRY IN THE CIRCUIT COURT FOR THE 19th JUDICIAL CIRCUIT McHENRY COUNTY, ILLINOIS McHENRY SAVINGS AND LOAN ASSOCIATION ) Plaintiff, Principal Meridian, (except that part con­ veyed from Thomas Graham Walsh and Dianne E., his wife, to the State of Illinois by Warranty Deed dated July 21, 1971 and recorded December 13, 1971 as Document No. 557174) in McHenry County, Illinois. vs. ARNOLD N. ) MAY; etal., ) Defendants ) IN CHANCERY General No. 82CH118 NOTICE IS HEREBY GIVEN that in pur­ suance of a decree heretofore entered by said Court in the above entitled cause, I, Michael Sullivan, Associate Judge of the Circuit Court will on Friday the 4th day of March A.D. 1983, at the hour of 9:00 o'clock A.M. (Local Time), in Room 308 of the Court House, in the City of Woodstock, in said County, sell at public auction to the highest and best bidder for cash all and singular, the following described premises, and real estate in said decree mentioned, situated in the County of McHenry and State of Illinois, or so much thereof as shall be sufficient to satisfy said decree, to-wit: The North 766 feet of the West 398.07 feet of the East A D D R E S S O R L O C A T I O N O F PROPERTY: Unim­ proved land on the South Side of Route 173 in Burton Township, together with all buildings and im­ provements thereon, and the tenements, hereditaments and appurtenances thereunto belonging. DATED, Woodstock, Illinois, this 2nd day of February A.D. 1983. VERNONWl KAYS, JR., Clerk of the Circuit Court of McHenry County, Illinois Attorney for Plaintiff: Cappetta & Shadle 7 S. Dearborn, Chgo, IL., 60603 (312) 726-9600 (Published in the McHenry Plaindealer on February 11,18, & 25, 1983). Exhibit A No. 830059 GOLD If SHOW CARD If YOUR HOLDERS! * CARD for extra $2 OFF "WE'VE GOT McHENRY OOLO CRAZY DAYS SALEl^.) DRESSES (VALUES TO $70) You Pay ^ 15r $25 or *30 SWEATERS "" (VALUE TO $38) Y«w Pay$10 or *15 PLUS... Some CRAZY BARGAINS «PTO 75% OFF on all our winter merchandise 1007 N. FRONT ST. (5. RTE. 31) McHENRY 385-7747 HOURS: MON. - FRI. 10-5:30-SAT. 9-5 Knife Care Hang knives on magnetic bars or store them in slotted racks or trays. Don't leave them loose in a drawer or their edges will become dull hitting against each other. Bicycles Parents should check their children's bicycle every year to see that the seat and handle bars are at the proper level for their children, says the National Safety Council. (Xluiiitnjilirr'; POWER TO SPARE (Zub dacLeXl* 17 H.P. TRACTOR WITH HYDROSTATIC DRIVE • No Shifting No Clutching • One Lever Control LIST ,449900 SALE PRICE $380000 MODEL 784 17 H.P. Twin Cast Iron Cylinder with Hydraulic Lift and Front Hydraulic Outlet • Single lever control for starting, stop­ ping, braking and changing direction • Variable speeds up to 7.5 m.p.h. - no shifting or clutching * "Quick attach" system • Automotive type heavy-duty direct drive from engine to hydrostatic transmission. " T H E H O U S E T H A T S E R V I C E B U I L T " Geo. P. Freund, Inc. 4 1 0 2 W . C R Y S T A L L A K E R O A D M c H E N R Y (815) 385-0420 MEN'S WEAR Prices like Select Group SPORT COATS 40% TO 60% off Arrow & Enro Select DRESS SHIRTS $nso 3/I3B°° FLANNEL SHIRTS AND SPORT SHIRTS MP 8«. 'IP'40" Denim & Pre-Wash JEANS & CORDUROYS CASUAL 8 CORDUROY PANTS $12 5 0 Reg. To J32## Stetson HATS & CAPS 1 /2 PRICE While They Lostl $11)50 1 V Your Choice! Limited Sizes CASUAL 8 CORDUROY PANTS $12 5 0 Reg. To J32## Stetson HATS & CAPS 1 /2 PRICE While They Lostl Fall & Winter Suits & Sport Coats 30% Off Balance of Winter Coats & Leathers 40% Off Balance of Ski Jackets & Vests 40% Off All Long Sleeve & Sleevless Sweaters.... 40% Off Wool Flannel Solid & Plaid Slacks 50% Off i SHOP FRIDAY 'TIL 8:30 PMI (Clrristnithpra 1 MEN'S WEAR 3902 MAIN ST., McHENRY 385-4060 SLiGHT CHARGE FOR ALTERATIONS ON SALE ITEMS ALL SALES FINAL JOIN NOW 1983 - 1984 COMMUNITY CONCERTS 0PRYLAND NASHVILLE MUSIC EXPRESS November 20, 1983 8:00 p.m. ALL CONCERTS AT CRYSTAL LAKE SOUTH HIGH SCHOOL * * * * jV * C0NSTANTINE 0RBELIAN PIANIST December 3, 1983 * * * NEVADA DANCE THEATRE •* March, 1984 ( Tentative Date) LINDA MAXEY Marimba Virtuoso April, 1984 (Tentative Date) JOIN NOW! BONUS FOR NEW MEMBERS! If you are not now a member of Community Concerts - join now for the 1983-84 season -- and attend the April 17, 1983, concert by Carlos Curley, Organist, as the guest of the Community Concerts Association of Crystal Lake! COMMUNITY CONCERTS ASSOCIATION OF CRYSTAL LAKE MEMBERSHIP APPLICATION NAME: TELEPHONE ADDRESS: CITY, STATE, ZIP CODE: Adult Membership(s) @ $20 Student Memberships(s) @ $10.00 (through High School) Senior Citizen Membership(s) @ $18.00 (aged 65 or over) Mail application and check, payable to Community Concerts Assoc. of Crystal Lake, to P. 0. Box 10, Crystal Lake, IL, 60014 FOR FURTHER INFORMATION 455-0091