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The Government of the Republic of Serbia

In the service of citizens

Prime Minister presents student scholarship programme

Belgrade, 14 July 2005

Serbian Prime Minister Vojislav Kostunica chaired today the founding session of the Fund for Young Talents, on which the decision, along with the adoption of the rules of procedure, was brought on awarding scholarships to the top 1,000 Serbian students in their final year of studies, as well as financing the enrolment or the tuition for postgraduate studies abroad for the top 100 students.

Kostunica stated after the session that this represents the beginning of educational assistance for young talents, students with high grade point averages, as well as students who have enrolled in postgraduate or postdoctoral studies.

He said that Serbia, in this manner, wishes to provide scholarships to its talented students in order to keep them in the country, and added that they will be obliged to remain in Serbia for five years after graduating.

The Serbian Prime Minister pointed out that Serbia-Montenegro is making significant steps towards the European Union and that it wants to support and keep its young talents in the country.

Serbian Minister of Finance and member of the Fund for Young Talents, Mladjan Dinkic, stated that two important decisions have been made at today’s session. The first decision is that the Fund will support the top 1,000 students in Serbia with 20,000 dinars per month in their final year of studies if they have passed all their exams in the past years, if their grade point average is 8.5 or more (10 point scale), and if they are younger than 25 years old. The second decision is that the Fund will support the top 100 postgraduate students who are not older than 26 (28 for postgraduate students from the Faculty of Medicine) with €15,000 for financing their enrolment or tuition at universities abroad.

Dinkic said that the budget revision for young talents envisages a total of 450 million dinars and stated that both competitions will soon be opened.

Along with the Serbian Prime Minister, who is also the co-president of the Fund for young Talents, the session was attended by the two other co-presidents- Chancellor of the University of Belgrade Dejan Popovic and President of the Serbian Academy of Sciences and Arts Nikola Hajdin.

The vice-president of this Fund is Serbian Deputy Prime Minister Miroljub Labus, and members of the Fund include Serbian ministers Mladjan Dinkic, Slobodan Vuksanovic. Aleksandar Popovic, Milan Parivodic, Dragan Kojadinovic, and Bojan Dimitrijevic.

Honorary members of the Fund are Belgrade University Council’s President Vladimir Kostic, Dean of the Faculty of Electrical Engineering in Belgrade Branko Kovacevic and Vice-Dean of the Faculty of Economics in Belgrade Goran Petkovic.