HSBC Bank Armenia (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 marzes of Armenia within the framework of HSBC Armenia’s scholarship program.

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,” the statement reads.   

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.

The precondition for the scholarship continuity is the commitment of the students to invest their knowledge in the development of communities they come from though implementation of professional development programs.

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.

“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.