educationdive | May 01, 2020
The U.S. Department of Education will give an additional $1 billion in coronavirus relief to minority-serving institutions, including historically black and tribal colleges, as well as to select other schools that serve high shares of low-income students.The funds are part of the $14 billion in aid directed to colleges in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which President Donald Trump signed into law in March. As these schools tend to be under-resourced and serve needy students, the funds aim to provide more support for covering their own costs and supporting students.
reuters | August 03, 2020
Mexican students will be educated in the next academic year through a home-learning program broadcast by major networks such as TV Azteca until a drop in coronavirus infections allows for schools to be reopened, the government said on Monday.The decision to keep the nation’s schools closed after the Aug. 24 start of the academic year reflects stubbornly high infection rates and deaths in Latin America’s second-largest economy.
prnewswire | June 02, 2020
Prodege, a leading online consumer-rewards platform, announced today that it has acquired Upromise, Inc., a leading college education-savings rewards business, from SLM Corporation (Sallie Mae). This acquisition furthers Prodege's mission to "Create Rewarding Moments" for its over 120 million registered members worldwide. Upromise provides unique opportunities for consumers to earn cash-back rewards for spending, shopping, dining out, and other activities, and then automatically deposit those rewards as contributions to any linked 529 Plan education savings account. Those contributions can be invested and will grow tax-free over the years, and then can be withdrawn tax-free for qualified education expenses, including tuition, fees, books and room, and board.