Why rich students get more financial aid than poor ones

Rankings are always partially based on performance metrics: U.S. News & World Report’s annual rankings, for example, take into account academic success and high SAT scores. Wealthier students tend to perform better on SATs, according to an assessment of SAT results by the Brookings Institution.

Liverpool make U-turn on UK virus financial aid

“A range of possible scenarios were considered, including but not restricted to: applying to the Coronavirus Job Retention Scheme which pays 80% of salary and guaranteeing the 20% payment; applying to the Coronavirus Job Retention Scheme with a guarantee to reimburse monies received at a later date and, thirdly, finding an alternative means to cover […]

HCM City provides financial relief to poor, unemployed people

HCM City (VNA) – As many as 9,000 poor and near-poor households in Ho Chi Minh City that have been affected by the COVID-19 pandemic will receive monthly relief payments of 1 million VND (42 USD) each for three months, starting in April, according to the municipal Department of Labour, Invalids and Social Affairs. Up […]

Colleges suffering huge financial blows from pandemic

“It’s this major double whammy with multiple hits on the revenue side and new hits on the cost side,” said David Tandberg, vice president of policy research and strategic initiatives at the State Higher Education Executive Officers Association. “I’m afraid we’re going to lose some private institutions. I have no idea how many, but many […]

These 20 Groups Are Offering Aid to Artists in Need

Artist Relief launches with $10 million in funding, which will be distributed directly to artists via unrestricted $5,000 grants. Deana Haggag, president of United States Artists, says, “Artists, architects, podcast producers, playwrights, art journalists — all can seek funding.” Areas of need that will be prioritized include housing, emergency medical care, and food, and applications […]

F1 team Mercedes to deliver 10,000 breathing aids to the NHS to help care for coronavirus patients

CPAP machines help to keep patients’ airways open and increase the amount of oxygen entering the lungs by pushing air and oxygen into the mouth and nose at a continuous rate. UK-based Formula One teams are also helping to produce thousands of ventilators desperately needed by the country’s National Health Service.

Bihar CM Nitish Kumar calls for speeding up disbursement of aide to those affected by lockdown

At a high-level meeting he chaired to review the coronavirus situation, Kumar noted that 3.80 lakh requests for aide have been received from migrant workers stranded in other states and financial assistance of Rs 1,000 each has been provided to 1.42 lakh by way of direct cash transfer.

Future of EU in Jeopardy Over Lack of Financial Response to COVID-19 Crunch, Spanish Ministers Warn

“We need the help of other countries, and that’s why the European Community was originally formed, at that time after a physical war, now we are fighting a war against an epidemic”, she said in an interview on the Antena 3 TV channel. The country’s Agriculture Minister Luis Planas likewise brought up the future of the […]

UPDATE 1-IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis

To that end, the IMF’s board in coming days would review a proposal to create a new short-term liquidity line to help provide funds to countries facing problems. Georgieva also urged central banks and particularly the U.S. Federal Reserve to continue offering swap lines to emerging economies. (Reporting by Andrea Shalal in Washington and Stephanie […]

Britain eases capital raising rules to aid firms during crisis

“Our aim is to help companies to raise money quickly and effectively, while ensuring they respect the needs of investors, both current and future,” said Christopher Woolard, Interim Chief Executive of the FCA.