YEREVAN, February 4, \/ARKA\/. Armenian education and science minister said the ministry will develop a mechanism for providing student loans. Speaking at a conference in the resort town of Aghveran minister Armen Ashotian said student loans are provided now by commercial banks at tough terms.<\/p>\n
\u201cI think that providing student loans is a major mechanism for improving education financing,\u2019 Ashotian said<\/p>\n
He said the idea will be tested this year. The pilot program will involve 50 students and then a concept will be developed to be enforced in full in 2012-2013. According to the minister, 25-40% of state-run universities\u2019 funding comes from the government, the remaining portion is generated by students tuition fees.<\/p>\n
The three-day seminar was organized by the education and science ministry. It brought together university rectors, local and international experts. The conference is part of a World Bank-funded program designed to improve the quality of education in Armenia.<\/p>\n
It is the second such program with the total cost of $31.26 million, of which $25 million is a World Bank loan and the rest is a government co-financing. – -0-<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenian education and science minister said the ministry will develop a mechanism for providing student loans.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12155,12294,308],"class_list":{"0":"post-19438","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-education","10":"tag-loan","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=19438"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/19438\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=19438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=19438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=19438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}