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The Latest Breaking News from Financial Aid

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

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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

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

The Independent UK

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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.

ABC News

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.

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.

Reuters

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…

The Times of India

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.

Reuters

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.

The Texas Tribune

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.

WEKU

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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…

The Hindu

‘Financial aid should be sought for North Andhra, Rayalaseema in SZC meet’

VIZIANAGARAM

The Independent UK

Student loan relief limited for many by US drug war's legacy

Many have cheered the White House proposal to provide student loan debt relief to millions of Americans as a significant step toward addressing the nation’s racial wealth gap and other inequities facing borrowers of color

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Los Angeles Times

Nicholas Goldberg: Will California keep its 150-year-old promise to keep UC affordable?

In a letter to The Times in May, Ralph Jones of Riverside reminisced about how easy and cheap it was to go to the University of California in the old days.

The Philadelphia Inquirer

Pa.'s Drexel University to offer 50% tuition break to community college transfers, as higher ed struggles with enrollment drop

Drexel University, like many schools, has offered financial aid to students, including those who transfer in from community colleges, for many years.

Reuters

Ukraine expects $3 billion U.S. financial aid in August

Ukraine expects $3 billion of U.S. financial aid to arrive in August and a further $1.5 billion in September, Finance Minister Sergiy Marchenko said on Thursday.

Reuters

UK, Denmark contribute additional money, weapons to Ukraine

Britain and Denmark on Thursday announced more aid to Ukraine in the form of money and weapons in connection with an international donor conference in Copenhagen on Thursday.

Liverpool Echo

DWP issues update on when claimants will receive £324 cost of living payment

Households across the UK will receive financial aid to help with mounting costs

The Times of India

Madhya Pradesh cabinet approves scheme for financial aid to orphans

BHOPAL: State cabinet headed by chief minister Shivraj Singh Chouhan on Wednesday decided to start a financial aid scheme for children leaving the childcare and juvenile homes for orphans.

Al Jazeera

US announces fresh military and financial aid for Ukraine

Russia suffered 70,000 to 80,000 casualties – troops killed or wounded in action – since war began, US official says.

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