Question

how should university endowment respond to the Financial Challenges of the COVID-19 Pandemic?

Answer 1

Answer

Pandemic covid19 have impacted almost every industrial sector, be it a manufacturing or educational. Universities providing endowment programs have really impacted by the pandemic and have suffered with greater financial instability juts like other organisations or institutions throughout the world.

To overcome the financial challenges and to stabilize the operations, University endowment should use online platforms or social media tools to reach out wide range of students or those who want to learn and teach them respective coarses with certain fees.

Online classes, helps to reach millions of people, and it also provides employment opportunities to many experts in every subject matter. Faculty of the university, and virtual experts from around the world can work to teach and to grow Continuously, without having any need to go and manage University matters physically. Everything can just happen with a controlled system, and devices run by internet, with appropriate softwares at the convenience of learners and teachers.

Online payments make it easier and faster to enrol forbtge the coarse and seats. Which helps the university's endowment programs to foster and reach various countries, with greater profitability.

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