COVID-19 relief fund to go towards student financial aid


first_imgFederal funds received by the University for coronavirus relief will be used to aid students whose families are struggling by the loss of a job or another hardship as a result of the pandemic, Notre Dame announced in a press release Wednesday.“Almost one-half (48 percent) of Notre Dame students receive financial assistance in the form of need-based scholarships that do not require repayment,” the press release said. “The median amount per student is $38,000, about three-quarters the cost of tuition to Notre Dame.”One-third of University’s endowment goes toward student financial aid and the savings generated by Notre Dame’s early retirement package also went to student financial aid.Tags: COVID-19, Endowment, financial aid, pandemiclast_img read more

Congress working on appropriations bills as funding expires Dec. 20


first_img continue reading » Federal government funding is scheduled to expire Dec. 20, and reports indicate Congress has reached a tentative agreement to prevent funding from lapsing. Should no agreement be reached by Dec. 20, the federal government would shut down.In the event of a shutdown, credit unions around the country are prepared to assist affected members, as they did during the 35-day shutdown that ended in January 2019.During the 2018-2019 shutdown, more than 500 credit unions:Assisted more than 79,000 affected members;Issued more than $100 million in low- to no-interest loans; andIssued more than 26,000 loan extensions and other modifications, often with fees waived.During the shutdown, more than 3,000 Americans joined a credit union, recognizing the ways credit unions best met their needs during such an emergency. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more