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to participate in the program under a permanent agreement. A tabulation at tab IV (B) shows the amounts of advances for the reserve funds of State and nonprofit private loan insurance programs as of November 17, 1966. The same tabulation shows in respect to each State for which some kind of contract has been concluded, what kind of contract is in effect. The actual volume of loans under this new and very complicated program during fiscal year 1966 is estimated to have amounted to over $78 million. Three months later the comparable figure exceeded $223 million, and the estimated number of lenders exceeded 174,000.
C. College work study program (amendments)
This program antedates the Higher Education Amendments of 1965, which transferred ultimate responsibility for the program from the Office of Economic Opportunity to the Office of Education. For fiscal year 1966, $99 million were appropriated and obligated under this program. Out of these funds over 190,000 students at over 1,500 institutions received work-study earnings during calendar year 1966. The average earnings per student for the year were $578. 2/ D. National defense student loan program (amendments)
The most significant amendments to title II of the National Defense Education Act of 1958 concern measures to make loan collection more effective. Revised regulations for this purpose have been issued, but data on the impact of these measures are not yet available.
TITLE V-TEACHER PROGRAMS
B. National Teachers Corps
For fiscal year 1966 $9.5 million were appropriated for this program, and shortly after the end of this year the number of corpsmen in the 2-year training program reached a high of 1,616. Corpsmen are studying for a master's degree in 50 institutions in 30 States, at the same time that they serve as teachers, in teams under the supervision of an experienced teacher, in impoverished school districts. The contributions of corpsmen are already in evidence. In addition to tutoring and remedial work, they have developed cultural and reading enrichment programs, conducted field trips for the children, run afterschool study sessions for students who have no quiet place of study at home, supervised recreation activities, encouraged parental participation and interest in the education of their children. Corpsmen have shown they can adapt to the poverty situation and attaching the needs of their assigned communities.
C. Fellowships for teachers
1. Fellowships for prospective teachers. One-half of the $15 million appropriated for fellowships for teachers was set aside for fellowships for prospective teachers. A total of 1,530 fellowships were awarded to 169 institutions throughout the United States. The maximum number of fellowships awarded to any institution was 24 and the minimum number was 4. The terms of the fellowships and the names of institutions which have approved programs under this program are set out in the brown covered brochure at tab V(C).
2. Fellowships for experienced teachers.-One-half of the $15 million appropriated for fellowships was set aside for fellowships for experienced teachers. Under this program 1,004 applicants were awarded fellowships out of funds appropriated for fiscal year 1966. As in the case of the fellowships for prospective teachers, the fellowships awarded during fiscal year 1966 are for the 1966-67 academic year. The number of completed applications received under this program is 5,254. Institutions receiving the award, the number of fellowships awarded in the case of each institution, and the different subects for which the fellowships are available are listed at tab V (C). 3. Institutional assistance grants program.-Under this program $5 million were appropriated during fiscal year 1966. Institutional assistance grants were made to 123 institutions in 46 States and Puerto Rico. Institutions were selected for assistance on the basis of an evaluation of their applications by a panel of 40 scholars drawn from the Nation's academic community. All institutions receiving fellowships authorized under part C of title V were eligible to apply for these grants. A listing of the institutions which received grants, together with the amounts of money received, are also listed at tab V (C).
TITLE VI-FINANCIAL ASSISTANCE FOR THE IMPROVEMENT OF UNDERGRADUATE INSTRUCTION
Under this program $15 million were appropriated for fiscal year 1966, of which $1.5 million was available for the acquisition of closedcircuit television equipment. The State commissions under this program are with one exception identical with the State commissions operative under title I of the Higher Education Facilities Act of 1963. A total of 1,125 applications were received by State commissions during fiscal year 1966 and grant agreements were executed for 896 projects. Institutions which received grants are listed by State at tab VI(A).
B. Faculty development programs
No funds were appropriated for this program for fiscal year 1966.
TITLE VII-AMENDMENTS TO HIGHER EDUCATION FACILITIES ACT OF 1963
The amendments in question are summarized at tab VII.
Funding of programs authorized or amended by the Higher Education Act
2 The appropriation in 1966 was $650,000 and in 1967 nothing. The rest of the funds shown were transferred from title IV, NDEA.