Chapter Three Funds and Management

Source:Beijing Municipal Commission of Education

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Article Eight

The funds of the Beijing Municipal Government Scholarship for International Students are to be allocated by the Beijing Municipal Government. Multi-channel joint financing and arrangement of funds from Institutes of Higher Learning are welcomed.

Article Nine

The budget for the Scholarship for International Students is primarily used for covering tuitions fee for scholarship students. For more details and standards, please refer to application procedure for Beijing Municipal Government Scholarship for International Students.

Article Ten

Disbursement of the funds for the Beijing Municipal Government Scholarship for International Students is enacted on an annual application basis and will be allocated after evaluation. Relevant Institutes of Higher Learning place the funds under the management of the financial department, establishing an independent account and conducting separate accounting on a specific-money-for-specific-use basis. Relevant Institutes of Higher Learning should strictly abide by relevant state financial laws and regulations, and undergo management inspection from the department in charge or auditing.