The U.N. Educational, Scientific and Cultural Organization is offering $1.3 million to students and faculty in crisis who are seeking financial support in the face of financial difficulty or other barriers, including those stemming from a criminal conviction.
The program is designed to help assist students, professors and staff with financial assistance during the first year of the school year, as well as after graduation.
The United Nations Educational, Science and Cultural Organisation (UNESCO) is offering the financial assistance to help schools and universities prepare for the coming academic year.
The fund is being administered by the World Bank, and the UNESCO Executive Committee will vote on the program’s allocation in April.
The World Bank has already been assisting countries that have experienced a wave of student protests since the beginning of the year.
“We have been working with governments, universities, associations and community organizations to ensure that they can provide assistance to students affected by financial crisis,” said the U.K. envoy to UNESCO, Richard Hirsch, in a statement.
“The support we are providing is aimed at providing support to help them through the first three months of the academic year.”
As many as 7.5 million people are affected by unemployment, according to the United Nations, and nearly one in five of those are children.
In the first two weeks of the new academic year, the World Economic Forum forecast that a quarter of the world’s population will be unemployed by 2019.
The impact on education can be particularly devastating for students, according the U,S.
and other nations that have faced similar challenges.
“These are students, and they are at the heart of the fabric of the educational system,” Hirsch said.
“They’re the ones who can really get the most out of the university and their education.
That’s why we need to support them and make sure they have a supportive environment.”