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Loan Fund for American Students at Hebrew University Set Up by U.S. Foundation

A revolving loan fund for American students at the Hebrew University in Jerusalem has been set up by the ESCO Foundation for Palestine, it was announced here today by Dr. Israel S. Wechsler, president of the American Friends of the Hebrew University.

The ESCO Foundation, which was established in 1940 by Mr. and Mrs. Frank Cohen of New York, financed a study of vocational education for youth several years ago, which was carried through by Dr. Eliezer Rieger, chairman of the University’s Department of Education. The Foundation has also given assistance to agricultural projects in Israel, with emphasis on the instruction of young immigrants in mechanized agriculture.