Tag: financial aid

September 18, 2024 Off

College Dreams on Hold: Navigating Finances in a Changed World

By The Admiral Staff

Due to the COVID-19 pandemic, many students are facing unexpected financial challenges that threaten their college plans. The article outlines three key options for students struggling to afford college: negotiating for additional financial aid by documenting financial hardship, considering schools closer to home (including community colleges), or taking a gap year to work and explore career options. Colleges are also adapting, and students are encouraged to proactively ask questions and advocate for themselves as institutions navigate this unprecedented situation.

October 12, 2022 Off

COVID-19 Relief: A Lifeline for Struggling Small Businesses

By The Admiral Staff

Amidst widespread business closures and economic disruption due to the COVID-19 pandemic, various relief measures are emerging for small businesses. Banks and credit-card companies are offering case-by-case assistance, including fee waivers and payment relief. Federal initiatives include the Families First Coronavirus Response Act (providing paid sick leave credits), deferred tax payments and extended filing deadlines, and the CARES Act (providing $1,200 stimulus checks and $360 billion for small businesses). Facebook has launched