Funding NewsFeed

December 14, 2024

Maharashtra Launches Fellowship Initiative in Pune

The Maharashtra government has launched an initiative to boost higher education and research in the state. The programme, aligned with All India Council for Technical Education (AICTE) guidelines, will be offered by institutions such as Dr DY Patil B School and Indira School of Business Studies in Pune. The fellowships have a non-aided framework and are subject to AICTE standards, requiring participating institutions to maintain robust infrastructure and adhere to merit-based admissions. The fees for these programmes will align with those of Postgraduate Diploma in Management (PGDM) courses, and institutions charging excessive fees will face penalties under the Maharashtra Educational Institutions Act, 1987.

https://www.ndtv.com/education/maharashtra-government-introduces-fellowship-programmes-in-management-at-private-institutions-7249971#pfrom=home-ndtv_mainnavigation

December 13, 2024

Great Falls Schools Seeks $2.4 Million in Donations

Great Falls Public Schools in Montana is eligible for up to $2.4 million in contributions through an innovative tax credit program, which will fund academic field trips, a STEM learning center at Great Falls High School, and mental health programs for student-athletes. The district can claim the funds on a first-come, first-served basis, but no single district can receive more than 20% of the total amount available. The deadline to donate is January 15, 2025, and donations must be approved by the Montana Department of Revenue.

https://www.kpax.com/news/montana-news/program-allows-state-tax-payments-to-be-directed-to-the-montana-public-school-system

December 13, 2024

Great Falls Schools Seeks Tax Credit Donations

Great Falls Public Schools in Montana is eligible for up to $2.4 million in contributions through an innovative tax credit program, which will fund academic field trips, a STEM learning center, and mental health programs for student-athletes. The district can claim the funds on a first-come, first-served basis, but no single district can receive more than 20% of the total amount available. The deadline to donate is January 15, 2024, and individuals or businesses can contribute up to $200,000 per year, which will be added as a dollar-for-dollar tax credit on their Montana State tax bill.

https://www.kpax.com/news/montana-news/tax-credit-program-allows-mt-state-tax-payments-to-be-directed-to-the-public-school-system

December 13, 2024

Pennsylvania Unveils $229M DEI Grants Across US

The Pennsylvania Department of Education (PDE) has identified over $229 million in diversity, equity and inclusion (DEI) grants distributed by the US Education Department since 2021. The grants were awarded to at least 42 states and Washington D.C., with a focus on initiatives such as a summer camp for underrepresented students in computing, training elementary school teachers in equity-centered education, and teaching school counselors trauma-informed social-emotional learning.

https://nypost.com/2024/12/12/us-news/bidens-education-department-shelled-out-1b-on-dei-since-2021-report/

December 12, 2024

HEC Gives Rs301 Billion to Pakistan Universities

The Higher Education Commission (HEC) in Pakistan has disbursed a total of Rs301.431 billion as federal grants to 156 public universities across the country over the last five years. The Ministry of Federal Education and Professional Training provided this information to the National Assembly, stating that the HEC allocated Rs57.292 billion in 2019-20, Rs61.590 billion in 2020-21, Rs60.31 billion in 2021-22, Rs61.139 billion in 2022-23, and Rs61.093 billion in 2023-24. In addition to the federal government's grants, provincial governments have also provided financial support to universities within their respective provinces, with Sindh allocating the largest amount of Rs20.024 billion, followed by Punjab, Khyber Pakhtunkhwa, and Balochistan.

https://www.thenews.com.pk/print/1260757-hec-disbursed-over-rs301bn-as-federal-grant-to-156-public-varsities-in-5-years

December 11, 2024

Kemper Foundation Funds Dual-Language School Grants

The Kemper Foundation is expanding its dual-language education initiative by launching the School Impact Grants program, which aims to build on the success of its previous Read Conmigo Educator Grants. The new program will target entire schools, particularly Title I schools, to support Hispanic and Latino students in developing essential skills for success. By doing so, the Foundation seeks to strengthen the school community and create a lasting legacy of promoting quality dual-language education.

https://www.businesswire.com/news/home/20241210167009/en/The-Kemper-Foundation-Expands-Read-Conmigo-Grant-Program-to-Support-School-Wide-Dual-Language-Education-Initiatives

December 11, 2024

Khyber Pakhtunkhwa Boosts Education Funding by 100%

Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur announced an increase in the seed money for the Chief Minister's Education Endowment Fund from Rs1.2 billion to Rs2.4 billion. The provincial government aims to reduce tuition fees by half in all public sector higher education institutions from the next fiscal year, and has achieved a 44% increase in revenue over the past nine months. To support this goal, Gandapur expressed his confidence in the youth of Khyber Pakhtunkhwa, stating that they will make both the province and the nation proud on national and international platforms. The Chief Minister distributed scholarships to 82 students under the CM Education Endowment Fund, which covers tuition fees, accommodation, and food allowances, and has so far awarded Rs615 million in scholarships to 526 students.

https://www.brecorder.com/news/40336982/kp-cm-increases-seed-money-of-cmeef

December 10, 2024

Healthcare Giant Funds Prison Reform Initiative

The Health Alliance, a comprehensive value-based healthcare provider, has partnered with Prison Alliance, a non-profit organization dedicated to transforming the lives of incarcerated individuals through education and rehabilitation. The partnership, which will last for three years, involves a $1 million donation from The Health Alliance to support Prison Alliance's programs, including educational courses, vocational training, and rehabilitative services. This collaboration aims to provide skills and knowledge necessary for successful reintegration into society, reducing the likelihood of recidivism.

https://www.prnewswire.com/news-releases/the-health-alliance-partners-with-prison-alliance-with-a-1-000-000-00-commitment-to-support-educational-and-rehabilitative-programs-302327768.html

December 10, 2024

UCSD Receives IAFFF Donation for Student Housing Aid

The University of California San Diego has received a donation from the IAFFF that will aid students facing housing insecurities while pursuing higher education. The university plans to use this donation to enhance its Triton Resource Hub, which was established in 2022 as a central location for student support services. The hub provides emergency funding, food assistance, and connects students with resources such as rent and utility aid through partnerships with organizations like Verdant Health and Volunteers of America.

https://www.425business.com/news/edmonds-college-donation-student-homelessness/article_24e11c2c-e3bd-55fb-923f-135ae9031c24.html