Shinkhan bank of Korea helps Mongolian students to achieve their ambitions by giving 50 yearly scholarships to students who have financial difficulties or students or youths who are orphans. Ministry of education, culture and science have collected and sent materials of 200 students to Shinkhan bank which the 50 materials secured a payment scholarship.
This scholarship programme is aiming to reduce inequality in the education sector by granting benefits to those students in a poor situation. Shinkhan Bank and Ministry of education, culture and science are providing equal opportunity for all. This benefit is granted every May and students can apply for this in two months advance to the Ministry of education, culture and science of Mongolia.