Why rich students get more financial aid than poor ones

“Better prepared students, higher graduation rates and a better chance of attracting students who will later give back to the college — that’s the reward system that’s in place,” says Van Der Werf, adding that there’s no similar reward system for helping low-income students.

Liverpool make U-turn on UK virus financial aid

Fellow top-flight teams Tottenham, Newcastle, Bournemouth and Norwich have already furloughed staff, but it was Liverpool — who made pre-tax profits of £42 million for the 2018-19 season — that came in for the most criticism, in part due to their reputation as a club with a strong bond to the working-class community on Merseyside.

Colleges suffering huge financial blows from pandemic

Scores of colleges say they’re taking heavy hits as they refund money to students for housing, dining and parking after campuses closed last month. Many schools are losing millions more in ticket sales after athletic seasons were cut short, and some say huge shares of their reserves have been wiped out amid wild swings in […]

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

She said China had engaged “constructively” on the issue, and the IMF would work on a specific proposal in coming weeks with the Paris Club of creditor nations, the Group of 20 major economies and the World Bank for review at the annual Spring Meetings, which will be held online in about two weeks.

Australia must help Pacific neighbours fight coronavirus, aid groups say

Lyn Morgain, the chief executive of Oxfam Australia, said she was gravely worried for the millions living in refugee camps across the globe, where self-isolation and social-distancing protocols were “completely unrealistic” and any outbreak “would spread like wildfire”.

UEFA explores financial rule changes due to pandemic impact

“A working group has been set up to look at how club licensing/FFP might need to adapt to take account of the extraordinary challenges that clubs face, as a result of the COVID-19 crisis,” UEFA told The Associated Press on Tuesday. “The situation is evolving fast and the working group is continuously monitoring the situation […]

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.

Washington state lawmakers press Boeing to accept aid

The lawmakers also asked Boeing to provide information on if they expect to apply for the financial assistance provided by the relief package, if they will eliminate layoffs, if they will change cleaning practices and if they will assist suppliers and industry jobs that the company supports.

EU plans giant economic aid rescue package

In a guest article for the newspaper Welt am Sonntag, she said that the EU budget was accepted by all member states as a means of leveling out inequalities in a spirit of solidarity and that it should now be tailored to cope with the crisis.

SAG-AFTRA Foundation Passes $1 Million Mark In COVID-19 Aid To Members In Need

“We appreciate your patience as we’re working very hard to help even more people as quickly as we can,” Vance said on the video, urging “members who can get by for two months to wait to apply so we can prioritize those who need help right now.”