Ulaanbaatar
Government resolves in favor of setting up Student Loan Fund
PoliticsUlaanbaatar /MONTSAME/ At its regular Wednesday meeting, the cabinet discussed the inception of Education Loan Fund and the draft regulation on the loan for student development. The draft enables families with three or more children attending tertiary education institutes to benefit from the fund's financial assistance.
The fund is expected to allow students to pay their tuitions with student loan, alleviating thereby the financial burden on the households.
