| The Board of Governors established in 1980 a loan fund of $25,000 to assist needy students to meet academic expenses not covered
from normal financial resources. Enquiries should be made at Student Financial Services, Level 3, University Centre. Loans
may be interest free to the due date which is not to exceed 30 days beyond conclusion of the semester. Interest will be charged
on any balance which remains outstanding beyond the maturity date, at the rate of interest in effect for the year in which
the loan is made. The rate will be established at the time the loan is issued and will agree with the Canadian Chartered Banks'
prime lending rate in effect at that time.
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