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The Latest Breaking News from Financial Aid

Welsh trade bodies criticise "bitterly disappointing" decision to slash energy bill support

The Treasury said financial aid for firms will be extended for another 12 months but at a significantly reduced level

Birmingham Post

Hundreds of US hospitals sue patients or threaten their credit, a KHN investigation finds

Despite growing evidence of the harm caused by medical debt, hundreds of U.S. hospitals maintain policies to aggressively pursue patients for unpaid bills, using tactics such as lawsuits, selling patient accounts to debt buyers, and reporting patients to credit rating agencies, a KHN investigation shows.

Tribune News Service

When hospitals become usurers

Policies to aggressively pursue patients for unpaid bills are common among US hospitals

Salon

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Investigation: Many U.S. hospitals sue patients for debts or threaten their credit

An examination of billing policies and practices at more than 500 hospitals across the country shows widespread reliance on aggressive collection tactics.

WEKU

EU reaches deal on Ukraine aid, tax on big corporations

The European Union has reached a deal in principle to send an 18 billion euro ($18.93 billion) financial aid package to Ukraine and approve a minimum tax of major corporations in a big move that narrowed a rift between the European Union and recalcitrant member Hungary

The Independent UK

EU strikes deal with Hungary over Ukraine aid, tax plan, recovery funds

European Union governments on Monday struck a deal with Hungary that sorts out financial aid for Ukraine in 2023 and Budapest's approval for a global minimum corporate tax in exchange for the EU showing some flexibility about EU funds for Hungary.

Reuters

What to know about the differences between subsidized and unsubsidized student loans

One charges interest while you attend school, while the other does not.

Fortune

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Hungary vetoes EU Ukraine aid, deepening rift with Brussels

A rift between the European Union and member state Hungary has deepened after Budapest vetoed an 18-billion euro financial aid package to Kyiv, exacerbating a dispute over the rule of law in the country and Prime Minister Viktor Orban’s outlook over Russia’s invasion of Ukraine

The Independent UK

It's FAFSA time: Why and how to apply for college financial aid

Holiday shopping dominates the headlines and airwaves this time of year, but it's also when teenagers and young adults are deep into thinking about one of the most important financial decisions of their lives: whether and where to go to college.

Tribune News Service

Hungary to provide $195 million in financial aid to Ukraine - govt decree

Hungary will provide 187 million euros ($195 million) in financial aid to Ukraine as its contribution to a planned EU support package worth up to 18 billion euros in 2023, according to a government decree published late on Wednesday.

Reuters

Insurance fund for climate impacts announced at UN talks

The Group of Seven leading economies launched a new insurance system Monday to provide swift financial aid when nations are hit by devastating effects of climate change

The Independent UK

EU eyes cheap loan plan for 'stable' Ukraine funding in 2023

The European Union is planning to provide Ukraine with around 18 billion euros in financial aid next year to help the war-ravaged country keep its energy and health care facilities running, and to fund salaries and pension schemes

The Independent UK

Compassion has won out when it comes to Canadian support for COVID-19 financial aid

Most of us would rather not rehash our experiences from the early stages of the COVID-19 pandemic. Nonetheless, for many this worldwide health crisis remains top of mind and continues to factor into everyday decision-making.

The Conversation

Texas commission recommends tying community colleges’ state funding to their performance

State higher education leaders are pushing for the changes as community colleges face greater workforce demands and financial pressures. The commission’s report now goes to lawmakers, who are expected to file legislation on the matter next session.

The Texas Tribune

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The Independent UK

Arizona weighing in-state tuition rate for some non-citizens

Arizona voters this November will decide whether to allow students regardless of their immigration status to obtain financial aid and cheaper in-state tuition at state universities and community colleges

The Independent UK

FAFSA season starts: What you need to know for financial aid

The Free Application for Federal Student Aid period opens Oct. 1 for the 2023-2024 school year

ABC News

Afghan children put to backbreaking work in brick kilns as economy collapses

The number of children put to work in Afghanistan is growing, fuelled by the collapse of the economy after the Taliban took over the country and the world cut off financial aid just over a year ago.

Reuters

India starts debt-restructuring talks with Sri Lanka, vows support

India said on Tuesday it had begun talks with Sri Lanka on restructuring its debt and promised to support the crisis-hit neighbour mainly through long-term investments after providing nearly $4 billion of financial aid.

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Reuters

World Bank earmarks $30 billion to help offset food shortages worsened by war in Ukraine

The World Bank is willing to provide up to $30 billion to combat global food shortages aggravated by Russia's invasion of Ukraine and has so far disbursed almost $10 billion in financial aid pledged to Kyiv, a senior bank official said on Thursday.

The Times of India

Lufthansa fully back in private hands; Covid-time government support pays off

SAN FRANCISCO: Germany’s Covid-time support to Lufthansa has paid off by both stabilising the airline and the government selling off to private players the 20% shares it had bought in Lufthansa for Euro 306 million - as financial aid in the summer of 2020 — nearly a year before the…

Reuters

Yemen rifts stall reforms needed to access Gulf aid, sources say

Rifts within Yemen's new presidential council are delaying approval of reforms needed to unlock $3 billion in financial aid from Saudi Arabia and the United Arab Emirates that would help ease a severe foreign exchange crunch, four sources said.

The Texas Tribune

Texas could tie community college funding to student outcomes

A commission tasked by the Texas Legislature to recommend new ways to fund community colleges is suggesting the state fund schools based on how successful students are at completing programs in high-demand fields and transferring to universities to continue their education.

WEKU

Princeton University will cover costs for students whose families earn below $100K

Undergraduate students whose household income is less than $100,000 will not have to pay anything to attend Princeton University, the school said.

Reuters

EU to disburse 5 billion euro in aid to Kyiv this week - Ukrainian PM

Ukraine expects to receive 5 billion euros ($4.98 billion) in macro-financial aid from the European Union this coming week to support the economy and army, and to prepare for the looming winter, Ukrainian Prime Minister Denys Shmyhal said on Sunday.

Asharq Al-Awsat

Japan Says Financial Aid for Tunisia Hinges on IMF Deal

Japan will consider financial assistance to Tunisia once a deal with the International Monetary Fund (IMF) is reached, head of the Japan International Cooperation Agency (JICA) Tanaka Akihiko has announced. Tunisian Minister of Economy and Planning Samir Saied signed last week a memorandum of understanding (MoU) for several projects in…

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