Armenia is ready to provide students with scholarships to study at  world`s leading universities

ArmInfo.The Armenian government, under certain conditions, is ready to support citizens of the country  to receive education at the best universities in the world. The project, initiated by the Ministry of Education, Science, Culture and Sports of the Republic of Armenia, was posted today on the unified  portal of legal acts e-draft.am.

As noted in the explanation to the document, the state will  financially encourage citizens of the Republic of Armenia who receive  education at prestigious foreign universities (top 65-75 universities  in the world according to http://www.shanghairanking.com) by  providing compensation for tuition fees.  In order to receive a  scholarship, in addition to the condition of full-time study in the  best educational institutions, there is another requirement: the  presence of at least fifty percent of the tuition fee reimbursement  from the current or future employer. In this case, the scholarship  provided by the Republic of Armenia will be provided in the maximum  amount of the remaining tuition fee after the compensation provided  by the employer, but not more than 10 million RA drams for each  academic year.

The employer and the student must have an agreement on financing the  education and the obligation to work or continue to work for the  employer after completing the education. The term of the employment  contract must be at least 3 years after the expected completion of  the education.

It is envisaged that if the citizen-recipient of the scholarship does  not return to the Republic of Armenia after completing the education,  or leaves the education unfinished, or transfers to another  educational institution, the employer transfers in  the amount of three times the total scholarship or co- financing  provided by the state to the relevant treasury account of the state  budget of the Republic of Armenia. A week earlier, during a meeting  with students of Sisian Secondary School, RA Prime Minister Nikol  Pashinyan stated that no successful student should go unnoticed in  Armenia. He noted that discussions are currently underway to give  this issue an institutional character. Students can still apply to  the RA Prime Minister's Office with a corresponding application, and  if the average grade exceeds the established standard, then funding  is opened for the student. Pashinyan emphasized that the Cabinet of  Ministers also finances scholarships for students studying in  prestigious foreign universities. Meanwhile, until 2018, the Luys  Foundation had an almost similar , which announced its  termination of activities a few days after the victory of the . It was reported that thanks to the scholarships of the  Luys Foundation, about 570 students have studied in 10 leading  universities in the world during its almost 10 years of operation.