Why rich students get more financial aid than poor ones

From 2014 to 2017, non-need aid, or merit aid, among colleges grew 37%, compared with need-based aid, which grew 21%, according to a 2020 New America report that examines financial aid among 339 schools. These schools increased their non-need aid from $2.2 billion to nearly $3 billion over this time period.

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

“If you play out the scenarios that are out there, it really makes you nervous,” said Mary Papazian, president of San Jose State University, which estimates it will lose $16 million by the end of May. “We may be looking at cutting academic programs if it comes to it. We may be looking at laying […]

Revealed: Donald Trump has a ‘small financial interest’ in hydroxychloroquine firm and was lobbied in the Oval Office by Fox News host Laura Ingraham before praising it at White House briefing

Many questions have been raised about another study in France. Some of the 26 people given hydroxychloroquine in that test were not counted in the final results, including three who worsened and were sent to intensive care, one who died a day after later testing negative for the virus and one who stopped treatment because […]

These 20 Groups Are Offering Aid to Artists in Need

Rauschenberg Emergency Grants: The Robert Rauschenberg Foundation, partnered with the New York Foundation for the Arts, offers one-time grants of up to $5,000 for unexpected medical emergencies. The grants are open to visual and media artists and choreographers who are U.S. citizens or permanent residents in the United States, District of Columbia, or U.S. Territories.

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

The raging coronavirus health crisis has brought about serious economic fallout, which is to be dealt with in the months to come. The pandemic has seen as many as 1,350,000 infected globally to date and about 79,200 dead, according to updated WHO statistics.

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

Besides, efforts were being made to ensure that such people were provided with items like rice, pulses and edible oil wherever they were and messages of gratitude have been received from many such beneficiaries, most notably some residents of Vaishali district in Tamil Nadu who have sent videos on WhatsApp, sources in the Chief Ministers […]

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

“HUMANITY’S DARKEST HOUR” Emerging markets and developing economies have been hard hit by the crisis, Georgieva said, noting that nearly $90 billion in investments had already flowed out of emerging markets, far more than during the financial crisis. Some countries are also suffering from sharp drops in commodity prices.

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.