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Tag: financial

college

Texas launches artificial intelligence platform to assist college-bound students with financial aid

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Higher education officials and agencies are working together to save college enrollment and admissions from the effects of the COVID-19 pandemic by bolstering support for high school students and their college counselors and advisers.

The Texas Higher Education Coordinating Board and Dallas nonprofit Educate Texas are launching Future Focused, an initiative aimed toward maintaining enrollment rates at colleges throughout the state by providing on-demand resources related to the Free Application for Federal Student Aid, or FAFSA, which students are required to complete to receive federal and some state aid. ADVi — short for “adviser” — is a virtual advising chat box that uses artificial intelligence to answer questions about the FAFSA and related deadlines, and directs users to videos and resources.

Students and counselors can use the chat box to ask questions about FAFSA application deadlines and resources at any time and as many times as they need, said Jerel

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education

Hailiang Education Group Inc. Announces Financial Results for the First Quarter of Fiscal Year 2021

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HANGZHOU, China, Nov. 30, 2020 /PRNewswire/ — Hailiang Education Group Inc. (Nasdaq: HLG) (“Hailiang Education”, the “Company” or “we”), an education and management service provider of primary, middle, and high schools in China, announced its financial results for the first quarter of fiscal year 2021 ended September 30, 2020.

“Hailiang Education has achieved remarkable results through the continual improvement of brand awareness and the development of innovation strategies, albeit the COVID-19 pandemic still has temporary impact on part of our business. We will continue to build a one-stop comprehensive service platform for primary, middle and high school education, in order to provide students with high-quality education and management services and to vigorously develop additional education services, such as online and onsite educational training services, study trip services and overseas study services. In the first quarter of fiscal year 2021, we recorded revenue of RMB298.5 million (US$44.0 million), increased by 29.8%

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university

University of Colorado adapting to COVID, future but needs state’s financial support

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As many of us struggle with pandemic fatigue, I am reminded of running the mile as a member of the Pequot Lakes High School track team in Minnesota. As I completed the third of four laps, I debated whether to lay down on the ground and writhe in pain or press on. Suddenly I got a second wind. I was filled with renewed energy and nearly sprinted the last lap, setting the school record. We all need a second wind to emerge from this pandemic and prepare for what lies ahead.

It is wonderful to see vaccines advancing, including one developed by Moderna, for which the CU Anschutz Medical Campus hosted clinical trials. Though the end may be in sight, much effort will be required before it arrives.

We at CU have learned and adapted this year as we delivered on our missions to teach and discover while keeping our

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career

Advice From a Financial Pro: A Career Coach Wants to Invest in Property

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Tracy Timm’s career-coaching business has withstood the pandemic and she just published her first book, a step-by-step guide to discovering the ideal career. Now, Ms. Timm, age 33, is looking to buy property, either as a home or investment.

A property in Dallas, where she currently lives, likely would cost more than $300,000, she says. Ms. Timm also is thinking about replacing her existing car, perhaps with a used SUV from 2017 or 2018 with a $35,000 price tag.

Ms. Timm expects her business to generate $165,000 in revenue this year, up from $145,000 in 2019. She pays herself $55,000 annually and has been investing any extra money she has into the business.

She has $60,000 in a Simplified Employee Pension Individual Retirement Arrangement (known as a SEP IRA), $5,000 in a checking account and $11,000 in a savings account. She recently began making weekly $100 deposits into both her

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science

Was Massachusetts right to adopt new rules limiting financial incentives for solar projects on sensitive lands?

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Heidi Ricci
Heidi Ricci

The Massachusetts Department of Energy Resources recently revised its financial incentives for solar arrays to reduce the loss of forests, rare species habitats, and other sensitive lands. The incentives, with some exceptions, will no longer be provided for large projects built in those areas. This was a smart decision, and more still needs to be done.

Solar power must be rapidly accelerated. We are running out of time to transition to clean, renewable energy and avoid the worst impacts of climate change. Rising seas, increased temperatures, more frequent droughts, and storms of greater intensity are already impacting people and nature in Massachusetts and globally.

Yet our natural land is also critical to fighting climate change, providing valuable services including carbon storage, water supplies, locally-produced food, shade, and habitat for fish and other wildlife. The beauty of nature and opportunities for outdoor recreation are essential to our health and

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education

Black Girl Ventures and Experian North America Team Up to Support Black and Brown Women Founders’ Financial Education and Empowerment

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Experian North America to provide visibility, entrepreneurial education, and funding to the BGV community

Black Girl Ventures (BGV) and Experian North America today announced their new partnership to increase awareness and support of Black and Brown woman-identifying founders with businesses related to credit, financial wellness and wealth building.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005353/en/

Shelly Bell, Founder & CEO of Black Girl Ventures (Photo: Business Wire)

The partnership with BGV is part of Experian’s United for Financial Health initiative, which aims to empower and protect vulnerable consumers to improve their financial health through education and action. Experian North America will provide education, training and sponsored content to the BGV Community to assist them with knowledge and best practices related to financial literacy and wealth management for their businesses.

“We’re excited to launch this partnership with Experian North America to address the systemic inequities in access

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education

Regent Education announces Regent 5.3, the latest version of its Financial Aid Management Suite

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Press release content from PR Newswire. The AP news staff was not involved in its creation.

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FREDERICK, Md., Nov. 10, 2020 /PRNewswire/ — Regent Education today announced Regent 5.3, a major release that includes 2021-2022 regulatory updates to Regent Award and Regent Review, the flagship solutions of its automated financial aid management suite. Simultaneously, Regent enhanced Regent Plan, an offering that empowers higher education institutions to help students borrow responsibly and minimize debt.

2021-2022 Regulatory Updates

The 2021-2022 regulatory updates include the required updates to Regent Award and Regent Review as appropriate in support of 2021-2022 ISIR processing. Among the features updated were:

  • The Estimated Family Contribution formula for the 2021-2022 Federal Award Year;

  • ISIR Details display and Verification/Corrections Wizard now support the 2021-2022 Federal Award Year, as does the ISIR Comparison Tool;

  • SAR Comment Code text definitions now align with the U.S. Department
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science

Voyager Therapeutics Announces Third Quarter 2020 Financial Results and Corporate Updates

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CAMBRIDGE, Mass., Nov. 09, 2020 (GLOBE NEWSWIRE) — Voyager Therapeutics, Inc. (NASDAQ: VYGR) today reported its third quarter 2020 financial results, program progress and corporate updates.

“During the third quarter, we took important steps to advance our lead programs for Parkinson’s disease and Huntington’s disease with the presentation of positive long-term clinical results and the filing of an IND, respectively. Together with our partner, Neurocrine, we are currently focused on resuming enrollment in the RESTORE-1 clinical trial for Parkinson’s disease pending the requested review and assessment of patient imaging data by the DSMB. For our Huntington’s disease program, the FDA has provided clarity regarding the additional information it is requesting pursuant to our IND filing. We plan to work with the FDA to respond to these requests to allow for an IND clearance and the start of VY-HTT01’s clinical evaluation,” said Andre Turenne, President and CEO of Voyager. “We look

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science

Verrica Pharmaceuticals Reports Third Quarter 2020 Financial Results

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– Verrica completes Type A meeting and expects to resubmit its New Drug Application for VP-102 for the treatment of molluscum in the first quarter of 2021 –

WEST CHESTER, Penn., Nov. 09, 2020 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (“Verrica”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced financial results for the third quarter ended September 30, 2020.

“We are encouraged by our recent Type A meeting with the FDA in which we discussed the steps required for resubmission of the NDA for VP-102, our lead product candidate, for the treatment of molluscum,” said Ted White, Verrica’s President and Chief Executive Officer. “We have also received feedback from the FDA on our Human Factors study protocol, and believe we have clear alignment on the path forward to resubmit the NDA, which we anticipate in the first quarter of 2021. In addition,

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university

University of Connecticut Pauses Free Tuition Program Due to COVID-19 Financial Strains

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November 5, 2020 |
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The University of Connecticut paused its free tuition program, Connecticut Commitment, for low-income students, citing budget concerns amid COVID-19 as the reason for the halt. The program, which is about a year old, offered free tuition to all in-state students with annual family incomes of $50,000 or less.

The decision worries college affordability advocates, who fear more hits to scholarship programs as the pandemic continues.

“Pausing the program is the hardest decision I’ve had to make since arriving here,” University of Connecticut President Dr. Thomas Katsouleas told the Board of Trustees last Wednesday.

While discontinued for the time being, Connecticut Commitment’s first cohort of 260 students will continue to receive free tuition through their four years in college.

The program was projected to cost a million dollars per year, and this year, the expense will ultimately be $700,000 for the university to fulfill its promise

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