KALAYDJIAN FOUNDATION: LAUNCH OF NEW 'UNIVERSITY GRANTS' PROGRAMME

The Kalaydjian Foundation is pleased to announce the launch of a new programme of grants to talented students studying full-time towards undergraduate degrees at accredited universities.

The programme is aimed at providing assistance to gifted students in need of financial support for their tertiary education and covers all accredited universities in Cyprus, Europe, Armenia, Russia and North America which charge for tuition.

The 'University Grants' programme will allow up to five eligible applicants annually to receive €1,000 (One Thousand Euros) each per academic year for the duration of their studies, such duration not to exceed 4 years. This amount will be granted to students who fulfill certain criteria including academic achievement, financial need, graduation from a Narek school and overall positive assessment. Grants will be made based on the decision of the members of the Management Committee of the Foundation and will be communicated to the applicants before the end of each calendar year.

The Kalaydjian Foundation appreciates the need for targeted support to students aiming at a university education and has therefore taken the lead in establishing this project. It is hoped that the 'University Grants' programme will allow a significant number of individuals to receive financial aid and thus continue with their tertiary education. Parallel with its 'Support for Education' programme, whereby an annual grant is provided to all Narek graduates studying at private secondary schools in Cyprus, and together with the postgraduate scholarship it offers through the American University of Armenia, the Kalaydjian Foundation believes that the opportunity now exists for successful applicants to receive the level of education that is imperative for the 21st century.

The criteria for granting this aid will be stringent and will follow the general guidelines set by various other philanthropic institutions and higher education bodies. The Kalaydjian Foundation confirms that any information submitted with an application will be kept strictly confidential. Interested parties should contact the Kalaydjian Foundation on r.kalaydjian@cytanet.com.cy or call Mr. Hagop Kasparian on 22-429306.

Applications for a university grant must be made by the 15th of October 2011.
The 'University Grants' programme is in memory of Arousiak and Alice Rafaelian in recognition of their major contribution to the Kalaydjian
Foundation.

The Kalaydjian Foundation, a non-profit philanthropic organisation, was founded in 1984 by Bedros and Aram Kalaydjian. The Foundation's Grand Benefactors are the sisters Arousiak and Alice Rafaelian and Mr. Arto Matossian.

More information about the Foundation can be found at www.kalaydjianfoundation.org.