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"I feel I must point to the full significance of the continuing inflationary trend in the cost of going to college. I doubt that anyone can say catagorically what share of the total expense should proportionally be borne by the student or his family. But it is a certainty that a public state university goes against one of the cardinal principles of its constitution if it shifts a disproportionate percentage of cost to the individual student. It should never be that the effective criterion of admissibility to the state university becomes a test of financial means. We are tending that way, and every increment of cost aggravates the tendency. (The increment may appear small but when added to our already high total costs for students, our charges would rank among the highest in state-supported institutions in the South for resident students) (total amount of principal retired $723,000) two-thirds of Chapel Hill dormitory residents do not have cars).

"We are doing all we can to assist worthy students in need of
financial help. Scholarships, loans, and self-help jobs enable us to mitigate the cost to many worthy and deserving students; and the bulk of our resources for student financial aid are awarded in accordance with financial need as well as scholastic merit and personal worthiness. State College, just to give an example, during the current academic year awarded 575 scholarships and 589 long-term loans. Some 1,300 students have been assigned self-help jobs. The picture is similar at Chapel Hill. At Woman's College there is an unfortunate lack of scholarships and other resources of financial assistance to students. Chancellor Singletary is doing all he can to improve these resources. By unduly increasing costs upon the students, we are to a marked degree working against ourselves so far as being able to assist worthy and needy students pay their college expense.

"State-supported institutions are erected and maintained by the public for the purpose of making higher education accessible to the rank and file of citizens. To perform this function, they must keep the doors open to students of all economic classes. Already, I fear, we have reached the point in the threefold University where many students, upon learning the cost of tuition and fees, room and board, and books and other essentials, immediately conclude that the state University is becoming too expensive to attend.

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