The Western Union Foundation Supports International Students Impacted by COVID-19
The Western Union Foundation has announced a commitment of USD $250,000 to provide aid for international students struggling to fund tuition and basic needs such as healthcare, wellness, food, and housing due to the COVID-19 pandemic.
The Western Union Foundation's grant will deliver support to up to 25 students in need, who will each receive USD $10,000. Priority will be given to refugees and migrants in Australia, Canada, France, New Zealand, the United States and the United Kingdom, some of the world's leading host countries of international students.
The Foundation will work with the Institute of International Education (IIE) to deliver the grants. IIE’s recent research on the impacts of COVID found that while colleges and universities are prioritizing the health and wellbeing of their international students, travel restrictions and fewer options for jobs have left some of the most vulnerable international students with a significant financial need.
More than five million international students pursuing higher education contributed to an estimated global economic impact of $300 billion in 2016, driven largely by students from lower-income countries in search of better education, careers, and life, according to StudyPortals.
"COVID-19 has upended the entire world, including the plans and wellbeing of international students. Behind every international student statistic, there is a story of a young person who made the brave decision to leave their home and travel abroad, and often their families have made real sacrifices to make that possible,” said Elizabeth Roscoe, Global Head, Corporate Brand and Purpose for Western Union and Executive Director of the Western Union Foundation.
"The Western Union Foundation believes that international students are an integral part of a growing community of global citizens. They are international ambassadors leading academic excellence, research, and cultural experiences. They contribute to an inclusive, innovative, and interconnected society and workforce, both globally and locally," Roscoe continued.
This initiative builds upon the success of the Foundation's WU Scholars Program, which over the past three years, has helped more than 500 students with their international studies in 100 countries at more than 150 colleges and universities.
"We are proud to partner with the Western Union Foundation to provide this significant funding to students in need of assistance to continue their education," said Dr. Allan Goodman, President, and CEO, Institute of International Education (IIE). "The COVID-19 pandemic has created chaos, and we have heard directly from thousands of students that their financial needs are greater than ever and that many are at risk of not completing their degrees."
IIE is accepting nominations for the WU Scholars grants through September 30, 2020. Students can be nominated by their universities or other higher education institutions, as well as IIE's partner institution network. Eligibility requirements include:
- Must be an international student already enrolled in the 2020 academic year and already residing in the country of study.
- Must be able to demonstrate a severe disruption to their ability to pay for expenses (tuition & fees, health insurance, housing).
Western Union and the Western Union Foundation have supported COVID-19 relief from the earliest days of the pandemic, kicking off a USD $1M matching appeal in February. To date, their relief efforts have supported global healthcare systems, domestic hunger-relief, and education for vulnerable populations, including refugees and migrants, impacted by the COVID-19 pandemic.
The Western Union Foundation invites the world community, including corporations and foundations, to come together to support the most vulnerable populations seeking to better themselves through education and job skills training by donating through its website, rounding up on the Western Union mobile app or by reaching out via email at firstname.lastname@example.org.
About the Western Union Foundation
The Western Union Foundation believes that education is the surest pathway to economic opportunity. After nearly 20 years of impact, we are continuing to deliver against our mission with our Opportunity Beyond Borders commitment, with a focus on empowering forcibly displaced and marginalized youth with the training and education needed to succeed in today's technology-driven global economy. The Foundation also provides funding to communities in crisis through disaster relief and other humanitarian efforts, a key reason for forced migration. To date, more than $126 million granted to fund projects and scholarships in 174 countries across the globe. The Western Union Foundation is a separate charitable corporation that is tax-exempt under 501(c)(3) of the US Internal Revenue Code and receives support from The Western Union Company, its employees, agents, and business partners. Contributions to the Foundation are tax-deductible for US income tax purposes. To learn more, visit wu.com/foundation or follow us on Twitter @TheWUFoundation.
The Institute of International Education (IIE) is the leader in providing international education strategies and program services. We work with policymakers, educators and employers across the globe to prepare students and professionals for the global workforce and equip them to solve the increasingly complex challenges facing our interconnected world. With support from donors, we also create initiatives that protect students, scholars, and artists in danger, expand teaching and learning across cultures, and provide opportunities to underserved populations. A not-for-profit organization founded in 1919, IIE has a network of 18 offices and affiliates worldwide and over 1,300 member institutions.
Western Union Global Communications
Pia De Lima; Pia.DeLima@westernunion.com
Western Union Americas
Margaret Fogarty; email@example.com
Western Union Foundation
Emily Larson; firstname.lastname@example.org
Western Union Middle East & Africa
Mohamed El Khalouki; Mohamed.ElKhalouki@wu.com
Western Union Asia-Pacific
Karen Santos; Karen.Santos2@westernunion.com
Clare Overmann; Covermann@iie.org
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Guidewire Announces New RDP Exposure Signal to Assess Growing Cyber Threats1.10.2020 22:15:00 CEST | Press release
Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced a new Remote Desktop Protocol (RDP), Exposure Signal, for its Guidewire Cyence for Cyber product. Cyberattacks against Internet-exposed RDP servers are surging, and Exposure Signal is designed to detect on-demand whether a company’s RDP has been exposed to the internet and a potential cyberattack. The new capability provides actionable insights that enable underwriters to develop a more comprehensive assessment of enterprise susceptibility to attack, leading to the ability to price risk appropriately and avoid adverse risk selection. In addition, Exposure Signal empowers insurers to inform their customers of a potential cyberattack so that they can take action to reduce their risk exposure by taking preventative or remediation measures. RDP is a remote desktop solution that comes pre-installed on all Windows PCs, and is a key component of enabling remote wor
SwitchDin’s Technology Selected for World-First Project to Increase Solar Hosting Capacity for Electricity Distribution Networks1.10.2020 22:00:00 CEST | Press release
SwitchDin, an Australian energy management software company, has been retained by distribution networks, SA Power Networks and AusNet Services, to provide a global-first solution that will allow networks to create flexible solar export limits to accommodate the growth of rooftop solar photovoltaic (PV) systems that are connected to the grid. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201001005065/en/ SwitchDin CEO Dr Andrew Mears with SwitchDin Droplet controller (Photo: Business Wire) The installation of PV systems is growing at a rate of more than 200,000 each year in Australia’s National Electricity Market (NEM), and distribution networks are reaching the limit of their ability to host rooftop solar in some areas. This flexible export capability will allow SA Power Networks and AusNet Services to offer an alternative to the strict export limits currently required to address these challenges, increasing the penetration
Conrad Energy Acquires Viridis Power to Create the Largest Flexible Generation Platform in the UK1.10.2020 20:00:00 CEST | Press release
Conrad Energy, a portfolio company of I Squared Capital and an independent power producer focused on flexible power generation, battery storage and energy management services for network and commercial customers, today announces a significant acceleration in its plans to support the UK energy transition. Conrad Energy has agreed to acquire Viridis Power, more than doubling its share of flexible generation for the UK power market, and bringing its operational portfolio to over 440MW at 28 sites across the UK and equivalent to the average hourly electricity needs of one million homes. The acquisition further strengthens the power generation, trading and operational capabilities of Conrad Energy, which specialises in innovative energy solutions that provide critical grid support. Conrad is already providing commercial customers with solutions for their energy needs, including flexible generators, storage and solar. This support will be critical as the UK integrates more renewable sources
EasyCOV, the Virological Saliva Test for COVID19 Confirms Its Excellent Results: a Sensitivity of 88% and a Specificity of 99% in 40 Min1.10.2020 18:23:00 CEST | Press release
EasyCOV, a virological saliva detection test for COVID19, has shown a sensitivity of 88% and a specificity 99% during a clinical trial performed at the testing center operated by the teaching hospital of Montpellier. The test relies on an optimized thermal protocol that provides the results in 40 minutes. EasyCOV, developed by SkillCell in collaboration with the CNRS (French National Center for Scientific Research), is a saliva test that can be run in the field and that provides results in the form of a change of color in no more than 40 minutes. Performed by a healthcare professional, the test requires the collection of 200 microliters of saliva, approximately 4 drops, from under the patient’s tongue. The sample is heated successively in two tubes using the nomadic heating device EasyVID (developed and produced by TRONICO, sister company of SkillCell). A test turning bright yellow indicates that the virus has been detected while an orange test is negative. A double-blind clinical tria
Ascend Performance Materials Announces Global Price Increase for All Vydyne® Brand Polymers, Fibers and Compounds1.10.2020 16:00:00 CEST | Press release
Ascend Performance Materials announced today a global price increase for all of its Vydyne® polymers, fibers and compounds. The price increase takes effect October 15, 2020, and includes the following price changes: Materials Geography Price Increases Terms Vydyne® (PA 66) polymers, fibers and compounds North America $220/MT As contracts allow Non-contract business – price determined on an order-by-order basis Vydyne® (PA 66) polymers, fibers and compounds Asia $300/MT As contracts allow Non-contract business – price determined on an order-by-order basis Vydyne® (PA 66) polymers, fibers and compounds Europe €200/MT As contracts allow Non-contract business – price determined on an order-by-order basis Customers should contact their local sales representative for additional information. About Ascend Performance Materials Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a bet
Andersen Global Adds SAGIS LP in Anguilla to Its Caribbean Platform1.10.2020 15:30:00 CEST | Press release
Andersen Global bolsters its Caribbean platform through a Collaboration Agreement with full-service law firm SAGIS LP in Anguilla. In a span of three months, Andersen Global has significantly expanded its footprint throughout the region and will focus on providing additional coverage over the course of the next 18 to 24 months. Established in 2018 by four Partners, SAGIS LP provides its clients with a variety of legal services, including corporate, commercial, banking and finance, intellectual property and real estate. Additionally, the Firm’s team of lawyers are widely recognized within Chambers Global and World Trademark Review. Partner Kenneth G. Porter said, “We have been focused on delivering quality client solutions through our strategic thinking and have an in-depth understanding of our clients’ unique legal needs. Collaborating with Andersen Global positions us to meet our goal of expanding and providing more robust services, while being the firm of choice in Anguilla for local