Close Menu
    Facebook X (Twitter) Instagram
    Sunday, May 25, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    • AUB Outdoors ☀️
    Advertise with Us Get the App
    961
    Home»961 Campus
    AUB Will Provide More Than $90 Million In Financial Aid To Students
    OEA
    2 Mins Read

    AUB Will Provide More Than $90 Million In Financial Aid To Students

    By Hussein YassineFebruary 3, 2021Updated:February 15, 2021
    Facebook WhatsApp Copy Link

    The American University of Beirut (AUB) announced on Wednesday that it would provide more than $90 million in financial aid to its student in 2021.

    The “record amounts” of financial support that the university will give its current and prospective students this year come “as needs increase dramatically due to the economic collapse in Lebanon,” AUB said in a statement.

    It said the support is “in line with its strategy over the past 5 years to reduce barriers to students’ access to quality education and to attract the most qualified learners from Lebanon and the world.”

    AUB, as did other private universities in Lebanon, recently adopted a higher exchange rate than the official 1,515 Lebanese pounds per U.S. dollar, sparking outrage and protests among its students.

    The move came as Lebanon went – and continues to go – through an unprecedented economic crisis that has posed difficult challenges to students across the country.

    AUB said in the statement that “the disintegration of the Lebanese economy” that affected it “made it necessary to adjust the dollar exchange rate for tuition fees… in order to be able to continue as a world-class educational and research institution.”

    The prestigious university added that during the upcoming Spring Semester, it will distribute $20 million in financial aid to support students whose families struggle to pay tuition fees.

    It also said that letters were sent in December to students who are continuing their education, urging them to apply for obtaining an increase in the financial aid for them, and soliciting grant applications from those who had not previously applied for aid or those who had done so unsuccessfully.

    American University of Beirut (AUB) Economic Crisis Lebanon
    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    aub outdoors 2025

    Here’s Everything You Need To Know About AUB Outdoors This Weekend

    saint levant aub outdoors 2025 961

    Saint Levant Is Officially Headlining AUB Outdoors 2025!

    aub rally paper 2025

    Here’s Everything That Happened At Whish x AUB Rally Paper This Weekend

    Presented by: Whish Money
    Lebanese talking-stage

    15 Things Your Lebanese Talking-Stage Will Tell You, And What It Actually Means

    Nawaf Salam

    Nawaf Salam Just Selected As Lebanon’s New Prime Minister

    Michel Hayek

    Michel Hayek 2025: Predictions For Lebanon

    Ampere Cinema Reopens Its Doors In North Lebanon After 28 Years Of Absence

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    saint levant aub outdoors 2025 961

    Saint Levant Is Officially Headlining AUB Outdoors 2025!

    May 7, 2025
    aub outdoors 2025

    Here’s Everything You Need To Know About AUB Outdoors This Weekend

    May 21, 2025
    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    February 11, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019

    10 Free Beaches In Lebanon To Visit This Summer

    April 23, 2024

    10+ Day Trips You Can Take In Lebanon That Are 30 Mins, 1 hour, And 2 Hours Away From Beirut!

    June 12, 2017

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Okay