Brandeis University announced today establishment of the “Iser and Helena Solomon Sloane Student Loan Fund” from a $180,000 estate left to the university to aid students to acquire the formal education the donors never had. Under terms of the will of Iser Sloane, a Los Angeles businessman, half of the income from the fund will be available to students at Brandeis and the rest for Brandeis students who wish to study in Israel.
An immigrant to the United States from Rumania, Mr. Sloane had succeeded in business in both countries not with standing his lack of formal higher education. Largely self-taught, he was proficient in several languages and in history. His will specifies that his estate be used to assist students who might not otherwise be able to earn a college degree to help provide, for them, the educational advantages he had never been able to secure for himself.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.