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Armenia To Abolish Student Scholarships

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  • Armenia To Abolish Student Scholarships

    ARMENIA TO ABOLISH STUDENT SCHOLARSHIPS

    PanARMENIAN.Net
    17.11.2009 19:29 GMT+04:00

    /PanARMENIAN.Net/ "The 2010 State Budget does not envisage reduction
    of expenses in the sphere of science, but budgetary allocations will
    be reduced considering certain demographic issues. This, however,
    will not affect educational system at all," said Minister of Education
    Armen Ashotyan.

    At that he noted that Ministry plans to abolish monthly student
    scholarships.

    "Since the 1990s, scholarships, even those paid to excellent students,
    have comprised AMD 5 thousand. This is a very small sum not enough for
    meeting even minimal needs. Hence, under the joint program implemented
    with World Bank the sum will be directed at forming a student credit
    fund. Such credits will be accessible to a large group of students,"
    Ashotyan explained.

    Minister also promised to discuss elaborated project with students.

    From: Emil Lazarian | Ararat NewsPress
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