Active Development AidData Chinese Aid

China-Mongolia Cultural Education and Social Development Fund provides 'Future Owners' Scholarship to 20 Mongolia State University Students in 2020 (Linked to Record ID#86933)

¥20K RMB

Funder	China-Mongolia Cultural Education and Social Development Foundation
Recipient Organization	Mongolia Ministry of Education and Science
Country	Mongolia
Start Date	Aug 07, 2020
End Date	Jun 13, 2031
Duration	3,962 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`90737`

Grant Description

According to a press release by the China-Mongolia Cultural Education and Social Development Fund on August 7, 2020, the organization is sponsoring the "Future Owners" scholarship for 20 students at the University of Mongolia. Each student will receive RMB 3,000. The students will be selected based on academic performance and financial need.

Academic performance was determined by a test administered by the Confucius Institute of MSU. This scholarship began in 2014. In chronological order, the projects are captured by Record ID#86970, #86972, #86974, #86987. All scholarships given by the China-Mongolia CESDF are captured by Record ID#86933.

📋 Staff Comments

1. Mongolian Project Name: “Ирээдүйн эзэд”2. The Transaction Amount is coded as RMB 60,000 by multiplying 20 students by RMB 3,000 = RMB 60,000. However, the RMB 3,000 for each student is before tax.

📚 Sources & References

'Future Owners' student sponsorship program Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.