Project ID: 90737

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

Commitment amount

$ 3237.2087025721703

Adjusted commitment amount

$ 3237.21

Constant 2021 USD

Summary

Funding agency [Type]

China-Mongolia Cultural Education and Social Development Foundation [State-owned Fund]

Recipient

Mongolia

Sector

Education (Code: 110)

Flow type

Scholarships/training in the donor country

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2020-08-07

Geography

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 Project ID#86970, #86972, #86974, #86987. All scholarships given by the China-Mongolia CESDF are captured by Project ID#86933.

Additional details

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.

Number of official sources

1

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Mongolia Ministry of Education and Science [Government Agency]

Implementing agencies [Type]

Confucius Institute of Mongolia State University [Miscellaneous Agency Type]