Financial
Support
The University
receives financial support from the Ministry of Education and Science
of Armenia. In addition, the Ministry and the government of Armenia
provide in-kind and logistical support to the operation of the University.
The Armenian government has granted the University the six-story
building in central Yerevan where the University is currently located.
The University
receives major financial support for its operations from the Armenian
General Benevolent Union (AGBU), a non-profit corporation established
in 1906, with branches worldwide, to preserve and promote the Armenian
identity and heritage through educational, cultural, and humanitarian
programs. In addition to its annual support commitment, AGBU undertakes
fundraising on behalf of the University to establish its permanent
endowment fund. The University also receives significant contributions
for operational expenses from donations made by the Lincy Foundation,
Eurasia Foundation, government agencies, other private foundations,
and individual philanthropists.
AUA has received
major funding for capital improvements from the U.S. Agency for
International Development. The U.S. Information Agency has provided
grants both for capital improvement and special academic programs.
Financial
Aid
In addition
to scholarship opportunities the University provides financial assistance
to a limited number of students. Applicants with a demonstrated
need for financial aid may apply for financial assistance from the
University, which grants it on a selective basis. Financial assistance
given to students on the basis of financial need is determined by
the University. No financial assistance of any form is granted unless
the student is in good academic standing at the University.
Any student
enrolled in a degree or certificate program at AUA who can demonstrate
financial need, is eligible to apply for the following financial
programs: 1. Tuition Support 2. Deferred
Payment 3. Loan.
Applicants should pay particular attention to early deadlines in
applying for financial assistance and should complete necessary
forms well in advance.