Scholarships Awarded to Forty Students from Regions of Armenia

ArmInfo.HSBC Bank Armenia CJSC (HSBC Armenia) and Children of Armenia Fund (COAF) awarded scholarships for the 2018- 2019 academic year to forty 1st to 4th  year students from five regions of Armenia within the framework of  HSBC Armenia's scholarship program. This year, HSBC Armenia- COAF  scholarship fund is AMD 9.5 million.   

During the four-year partnership, the two organizations granted the  opportunity to more than 100 students from the regions of Armenia to  get involved in full-time and distant education at public and private  universities and vocational colleges in Armenia. In addition to  financial support, the organizations provided students with the  opportunity to participate in professional internship program and  exchanges of experience.  Ovsanna Papikyan from Vanand village of  Armavir region says, "I was indeed lucky that COAF and HSBC Armenia  initiated a joint scholarship programme. Irrespective of the fact  that I had only one month to study for my university entrance exams,  I took the risk and gave it a try. Now, I am a student of the History  faculty and a recipient of the scholarship. This was an unbelievable  gift for me." 

This year, the organizations will provide an additional internship  opportunity to ten students with outstanding academic performance,  who will develop their skills at public and private institutions and  international organizations.  Ten more students will participate in a  mentorship program, which aims at fostering personal and professional  growth of the students through consultations and guidance of  professionals from various industries. 

"My parents rejoiced when I entered the Armenian National Agrarian  University, but they were also concerned with the tuition fee. They  live and work in Myasnikyan village, and it would have been hard for  them to pay for my education. HSBC Armenia-COAF joint program made my  family's dream come true," says David Sahakyan. 

The precondition for the scholarship continuity is the commitment of  the students to invest their knowledge in the development of  communities they come from. The scholarship is awarded for one  academic year and can be continued depending on the student's  academic performance and successful implementation of the community  projects.