College Gets Endowment for Student Loans
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A permanent endowment for student loans has been created at the Southern California College of Optometry in Fullerton.
More than $470,000 has been received to date, making it the second largest bequest ever received by the college, campus officials said.
The bequest is from the estate of Dr. John Harris, a Long Beach optometrist, and his wife, Nina.
The program begins with the 1987-88 academic year, providing low-interest loans that will range from $300 to $2,500.
No interest will be charged until repayment begins six months after graduation, college officials said.