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”?One should not be misled by the announcement made by thefederal gov- ernment,’’ says Peter Dueck, financial aid officer for the University of Mani- toba. ‘‘Just because they say, ‘We’re increasing our loan limits by 57 per cent,’ doesn’t mean anything.”’

Aid officers point to a new loan assessment system that allows the fed- eral government to give less than the maximum loan amount to students.

Before, students asking for fed- eral loans got the full $105 per week, if they got anything at all. Now they can be refused assistance, or receive up to $165 a week. For the majority of stu- dents, that means federal aid to them is actually decreasing.

Cutting back on aid to moderate and low-need students means theprovinces have to pick up the slack, according to Dueck. He saysManitoba students would lose $4 million in loans per year iftheprovince didn’t intervene. But that means the provinces have to cut back on their aid to high-need stu- dents. And so the maximums go down.

Federal aid officials deny that they knew what the provinces would do in advance. But they do concede that they widely-publicized 57 per cent increase in student loans doesn’t exist. The actual budget for student loans in 1994- 5 is the same as last year’s: $479 million nation-wide.

This shuffling of loan responsi- bilities would be esoteric, if it were not for two things, says Guy Caron, Cana- dian Federation ofStudents chairper- son.

First, tuition for students has soared without any increase in aid lev- els. Second, he says, the so-called changes to student loans were the key- stone of the Liberal government’s youth employment strategy, but no real change has been made.

They say they want a better system, better programs for students, but what they mean for ‘better’ could better be translated as ‘lessexpensive.’

”’One of every two Canadian uni- versity students is on some form ofstudent assistance, and that number is expected to go up. University of To- ronto student aid administrator David Sidebottom says applications for stu- dent aid at his university are up 25 per cent from last year.

Some of this country’s

most creative minds are in Canada’s insurance industry. |

They’re the kinds of minds that know creativity goes far beyond art, literature or making movies. If you’re like that, why not consider a career with Canada’s property/casualty, or general insurance industry? The industry offers a wide variety of career choices for creative minds. Accountants yes, but also systems analysts, lawyers, managers, loss prevention engineers, investment specialists, investigators, marine underwriters, aviation adjusters and many more. The choice is yours. General insurance is also an industry that encourages you to acquire its own levels of professionalism. As a Fellow or Associate of The Insurance Institute of Canada, you would join an

educated, experienced and ethical group of professionals equipped to pursue successful careers at the local, provincial, national or even international level.

Choice, challenge, satisfaction and security. They are just some of the rewards you'll enjoy through a creative career in the property/casualty insurance industry.

For more information, look for your local Insurance Institute in the white pages or, contact Les Dandridge, B.A., A.LI.C., at The Insurance Institute of Canada,,18 King Street East, 6th Floor, Torontos Ontario, M5C 1C4 (416) 362-8586 FAX (416) 362-1126.

Canada’s Insurance Professionals

The Graduates of The Insurance Institute of Canada.

LETree Tone EDityp

Dear Editor,

This is in regards to the parking lots. To complain about the parking situation would be senseless as everyone does every year,no, this is about the lights in

the parking lot. Why are they a flourescent orange? Is that a regula- tion requirement? The lights are terri- ble, especially in the lots in front of the library. This is especially a concern since the emergency poles are situated too far from or too far within the lots,

and this adds to the level of paranoié one faces when going to their car a! night. Could you please find out why are they orange and not a brillan yellow or white light street lights? Kathryn Nass

894-8911

October 4, 1994|