The Ministry of Finance and the Ministry of Higher and Secondary Education agreed on Tuesday with Mifal HaPais (the national lottery of Israel) to launch an economic aid program of NIS 100 million for students who were financially affected by the coronavirus crisis.
The goal is to prevent students from dropping out of academic studies. As part of the program, the Student Aid Fund's budget will be increased, a dedicated scholarship fund will be set up for community volunteering and assistance will be provided through the academic institutions.