Word: funding
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...agreed to lend $40 billion to the struggling nation. Under the long-awaited financial-rescue plan, Greece, which is $400 billion in debt, would be able to borrow at interest rates of about 5%, significantly lower than commercial market rates, which have been higher than 7%. The International Monetary Fund is expected to offer an additional $20 billion. Greece did not immediately accept the E.U.'s overture, saying it would wait to see if the pledge alone was enough to lower interest rates. Greek leaders also hope to continue to raise money by borrowing from capital markets and through austerity...
Minow said she believes that the Redstone fellowships “amplify” the school’s commitment and ability to fund students’ public service work...
...fellowship is intended to fund one year of service work and can be used to supplement income in public sector jobs...
...February, the Law School announced the creation of a new Public Service Venture Fund, which will provide graduating students with grant funding for work in nonprofits or government. This fund replaced the Public Service Initiative, a pilot program that waived third year tuition for students who committed to five years of public service work...
...facilitate sustainability projects with large up-front costs, OFS manages a Green Campus Loan Fund, which allows schools to borrow up to $500,000 for initiatives and upgrades that will generate net savings within five years. According to the OFS website, the fund has provided $11.5 million in loans for 153 projects—including lighting upgrades, improvements to heating and cooling systems, and composting programs...