Gunnison news-champion., 1916-02-11
kPllT n sulullsR U
Im m uuIIH
Continued sroD G,rst Ra0s.

has been accomplished by the Scholar
ship and Loan fund of the Advlsory
Board Of the Colorado State kOsnsl
School
The money that docs the work-does
it over and over agsin-ls. ss she re-
port shows. contributed by the pecple
of Gunnison, our Board Of Co. Commis-
sioners, the members Of the faculty,
tie woman's clubs and other orgsnlza-
tions of the town and Of the students.
This year in September, the Normal
State Board unanimously voted to place
thirty term Scholarships in the hands
and at the disposal Of the local Advisory
Board. which action has greatly facih-
tated the work of the local orgsnization
every one Of those scholarships having
been awarded each term
In the loan fund the money is loaned
to any student upon the recommend
alton of President Kelley end two other
responsible persons, not members Of the
faculty. The students agree 70 pay il
back, without interest, in insssllments
out of each months salary beginning
as soon as they begin earning.
The fund Was started Jan. 2, 1913
and has grown in the three years to the
very credltable amount of $l000. 60. and
this despite the fact that it took time
for people to know about it and to un-
derstand in what way it could be hand
led without interest, SO rs to be cOnserv-
ed and still accomplish its object.
Loans to the extent of $lls2 have
been made, and S3l. 50 used in scholar
ships in 1928 which sum does not
come back. Forty three students have
been given loans. Twenty-Five have
paid back their entire indebteAness; six
are now paying instsllments; others are
paving as they can; others are in school
and will not be able to begin paying
back until next year.
As fast as loans are paid back the
money is loaned out again, and 30 is in
constant use, and the fund is often
practically exhausted. However, care
full collections which sometimes ents oil
much correspondence by the chairman,
have succeeded in keeping the fund
within the credit line, though often the
amount asked for has had to be reduced.
The balance of $34s 10 shown ut the
first of the year would look like assured
prosperity were it not that nine girls
have been promised help for the remand
er of this year, whose aggregate loans
amount to $6l0, and doubtless, the
spring term with its attendant necessary
extra expenses incident to Commence
ment, will bring other requests. II is
earnestly hoped that not one of shese
students will be obliged to- drop out
for lack of funds, when in a few short
months she will have become one of
that splendid army of the teaching pro-
fession which is the goal of her hearts
desire, all the more dear to her, per-
haps for the sacrifice entailed in reach
ing it and becoming a self-supporting
member of society, able to help others.
Apropes of all this, if any one is
looking about for good place to put
few dollars in big dividend paying in
vestment of helping others to help
themselves, at the beginning of this
glorious peace-blest, New Year which
is now upon us, let him just send his
check to the chairman of this committee;
the rest will follow
Can you improve on this for real
practical philanthropy, or think of a
better place to invest few dollars in
helping worthy young people fit them
selves to earn a living and become help
ful members of the community. And
this community of which we speak is as
broad as the field of the Colorado State
Normal School, the only educational in
stitution of the state within two hum
dred miles. 1t appeals to the philan-
thropy of every man and woman of
means in all Colorado and particu-
larly every Woman's club, for this is
your school, and its success is a natter
of pride for you all
You may send contributions 70 Mrs.
White O'Leary, at Gunnison or to such
Women's clubs as have the matter at
hand.