China-Mongolia Culture and Education Foundation sponsors RMB 12,000 “Future Owners” Scholarship Program for Mongolian students in September 2016 (linked to #86933)

The China-Mongolia Culture and Education Foundation, the Bank of China's Ulaanbaatar Representative Office and the National University of Mongolia announced the winners of the “Future Owners” Sponsorship Program for Mongolian students on September 21, 2016. The "Future Star" (“Ирээдүйн од”) scholarship program was organized and funded by the China-Mongolia Culture and Education Foundation in 2014. After the China-Mongolia Culture and Education Foundation merged with the China-Mongolia Social Development Fund in August 2017, the "Future Star" scholarship program was run by the China-Mongolia Cultural Education and Social Foundation. The "Future Star" scholarship program is co-organized by Bank of China Representative Office in Ulaanbaatar and the Confucius Institute at the National University of Mongolia. Under the program, a total of 30 Mongolian students that study Chinese, receive high grades at school, and score above a certain threshold on the scholarship examination will be selected to receive 3,000 yuan each. In 2016, 4 students received the "Future Star" Scholarship due to exam score ties, totaling RMB 12,000. Other scholarships from the China-Mongolia Cultural Education and Social Development Foundation are captured in linked ProjectID#86933.

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