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The graduate assistance program of The Magnavox Company is covered in detail. Curriculum and methods of financing are described, and the statistics to date are detailed. In addition, the cooperative activities between industries in the state of Indiana and Purdue University are reported with respect to the statewide graduate program for engineers in industry. The Magnavox program is possibly unique in its combination of on-campus and off-campus studies, and in its partnership with a second company, the International Telephone and Telegraph Company. The description of the program may serve as a guide for organizing similar regional activities elsewhere in the country.