Human Development Fund to give each student MNT 500,000

At today’s meeting of the Cabinet it was decided that each university, institute, correspondence, and evening course student in Mongolia will receive a MNT 500,000 grant for tuition fees from the Human Development Fund. There had been concerns among students that the grant would be reduced or eliminated this year, since Parliament passed a law shortly before Naadam that grants qualifying students in Mongolian universities MNT 70,000 per month. Yo. Otgonbayar, the Minister for Education, Culture and Science, had also suggested that the grants from the Human Development Fund should not be awarded in direct cash payments, but his proposal was not accepted by the Cabinet.