Repository: UIHistories Project: Course Catalog - 1897-1898 [PAGE 252]

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25°

UNIVERSITY OF ILLINOIS

their representatives. This contest takes place in the spring at the time of the interscholastic athletic meet. BENEFICIARY AID CHICAGO CLUB LOAN FUND

The CHICAGO CLUB OF THE UNIVERSITY OF ILLINOIS

offers two loans of $250.00 each, payable to the beneficiary, $100.00 the first year, $75.00 the second year, $50.00 the third year, and $25.00 the fourth year. The loans are offered to residents of Cook County, Illinois, only, and are to be awarded upon competitive examination to those obtaining the highest average grades. The loans are due six years after matriculation. They bear no interest while the student is in the University, but six per cent, after graduation. The examination questions are prepared at the University and cover the same subjects as those for the state scholarships. The beneficiaries of this fund also have their incidental fees, amounting to $22.50 a year, remitted by the trustees. CLASS OF 1895 LOAN FUND This is a fund of $250.00, established by the class of 1895, to be loaned to needy and deserving students. According to the conditions of the gift, one-fifth of the amount is to be loaned annually, and is open to members of the freshmen class only. No person may receive the benefit of the fund more than four years. The loan bears interest at the legal rate from the time the recipient leaves the University, and is due, one-half in five years, and one-half in six years, after matriculation. The management of the fund is in charge of the Council of Administration. SOCIETIES AND CLUBS LITERARY SOCIETIES

The ADELPHIC and PHILOMATHEAN societies for men,

and the

ALETHENAI

for women, occupy spacious halls,