Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 26 Dec 1984, p. 1

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Cost of education Ironic situation places high income groups in jeopardy should not deter anyone from seeking a postâ€"secondary education, said Horace Braden, director of student awards at Wilfrid Laurier University. "Our message is to encourage young people from low income families, if academically qualified, to seriously consider postâ€"secondary education. They should not be deterred by finances," he said. _ Braden said that the federal and provincial governâ€" meants have continued to offer financial aid â€" $299 million in the 1982â€"83 school year alone â€" through the Ontario Student Awards Program. The assistance program provides students with money in the form of nonâ€"payable grants or loans. 130th Year No. 51 Wednesday, December 26, 1984 University tuition fees are steadily on the rise but that The night was wet and miserable, but spirits were high Friday at Ontario Seed Warehouse on Devitt St. as Waterioo Young Men‘s Club gathered to pack their hampers for their annual Christmas Hamper Project. Helping to uniload boxes of candy canes to be packed was Kay Ayres of Ayres Nut and Baking Supplies passing a box to Al Martin. mmmmmmmmhmm Waterico Young Men‘s Club annually delivers 100 hampers to needy families. Anyone wishing to contribute to the Waterioo Community Christmas Cheer and Welfare Fund may do so through Box 661, Waterioo, N2J 4B8. Rick Campbell photo RAISING CANES At Laurier, the Student Awards office handled more than $6 million in funds for the 1,800 students involved in the grant/loan program last year, he _added â€" According to Braden, students from low income families stand to benefit most from the program. *"*There are very few people who come from low income families who wouldn‘t be able to get money," he said. On the other hand, because the government aid is based on the premise that families should be prepared to assume some responsibility for their child‘s education those from middle and upper income families may find that less money is available to them. S o "I parents don‘t wish to assume that responsibility, the students can be in serious difficulty," he added. _ _ Braden estimates that expenses for an outâ€"ofâ€"town student could run as high as $5,500 per year, a figure Waterioo, Ontario 25 cents at the Newstand Melodee Martinuk Chronicle Staff Healthy as business growth in Waterloo has been this year, the future promises to be even brighter, says Business Development Direcâ€" tor Gerry O‘Neil. According to O‘Neil, the city sold more than $1.2 million worth of industrial land in 1984, is heading towards another record year for the number of residential, industrial and commercial building permits issued. ‘"All of this activity means a lot of jobs," said O‘Neil. "It has been a good year, and there‘s no reason why 1985 shouldn‘t be another very good year, hopefully surpassing Major coups for the city, he said, include Hewlettâ€"Packard‘s decision to locate here, Laâ€"Zâ€"Boy‘s investing some $6 million on its new Weber Street plant, the opening of the B.F. Goodrich Chemical Group‘s Columâ€" bia Street headquarters, and Raythâ€" eon‘s recently announced expanâ€" sion. But, stressed the development director, not to be overlooked are the numerous small businesses that have moved to Waterioo or launched expansion programs. Yikes! More deadlines. Now that you‘ve had time to settle down from the Christmas rush, here are the Waterioo Chronicle deadâ€" lines for this week‘s edition. The office will be open regular hours and will close at 5 p.m. Monday, Dec. 31, New Year‘s Eve. It will be closed all day New Year‘s Day, and reâ€"open for business as It‘s that time again O ‘Neil foresees even brighter business future we‘re paying a lot of which includes, tuition, books, rent and food. Since few students find summer jobs that bring enough money to cover these costs, the majority must find some source of financial assistance. As tuition costs and living expenses increase, the two levels of government have made additional funds available for the OSAP program, Braden said, although in recent years, a larger percentage of the assistance has been provided in the form of loans that must be paid back after graduation. In addition, students can apply for a host of scholarships and bursaries that are awarded on the basis of both need and academic excellence. Those interested in obtaining more information about the OSAP program should contact the Student Awards officer at either of the two Waterloo universities or at the school of their choice. attention to the potential highâ€"tech industries, but we‘re certainly not overlooking the others," O‘Neil commented. "We want a well diverâ€" sified manufacturing base and as we pursue that, we‘ll be creating more jobs for more people. ‘"One area we‘re directing a lot of effort to is the small manufacturers that will have the capability to be suppliers to the likes of Hewlettâ€" Packard, and Raytheon. The small ones are the real strengths of this or any other community â€" that is the entrepreneur who has vision, is hardworking and willing to take a risk." With only two lots left to be sold in the city‘s Dearborn Industrial Park, O‘Neil has already located buyers for parcels in Waterloo‘s next venâ€" ture, the 100 acre Northland Indusâ€" trial Park, due to be serviced next spring. As well, O‘Neil said, he is "well along"‘ in negotiations with ‘"several major projects," which he expects will "fall into place" early next year. Commercial development has kept pace with the industrial, he noted, adding there ‘"continues to be a heavy demand" for space along King Street in the core area. usual Wednesday, Jan. 2. Both display and classified adverâ€" tising deadlines will be Friday, Dec. 28 at 5 p.m. Editorial copy will be accepted until 10 a.m. Monday, no later, in order to cover weekend acâ€" tivities. The Chronicle will be delivered as usual Wednesday, Jan. 2, 1985. In the meantime, have a Happy New Year‘ (Continued on page 3)

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