Blog

Alumni Endowment Fund

Powered by AUA’s global community of 7,000+ alumni, the AUA Alumni Scholarship Endowment Fund is opening doors for outstanding students to follow in alumni’s footsteps and shape Armenia’s future.

Originally launched by the Class of ’93 in celebration of their 20th graduation anniversary, the AUA Alumni Scholarship Endowment Fund is a powerful example of graduates investing in future generations. Since its establishment, AUA alumni have donated 185,760 USD to the Fund, which has grown to a market value of 289,317.70 USD as of May 2025,  supporting 18 exceptional students in pursuing their education at AUA to date. In 2024-2025 alone, $10,000 in scholarship pay outs opened doors for students with the determination and drive to become Armenia’s next generation of thought leaders.

$289,317 – market value
32 – scholarships awarded to date
18 – students supported by the Fund
11 – alumni recipients to date
 
 

Scholarship Recipient Highlights

Alesya Ghandilyan, BS Engineering Science ’25
(2023-2024)

Studying at AUA has opened so many doors for me, and your help has been invaluable in granting me these opportunities. Knowing that someone believes in me, not knowing me personally, is inspiring. This type of encouragement motivates me to continue aiming for excellence. I cannot thank you enough for believing in my potential. Your generosity has truly changed my life. Thank you so much for being part of my journey. Thank you so much for being part of my journey.

Impact Summary

Thus far, 11 alumni have received scholarships from the Alumni Endowment Fund and are now making waves both within and beyond Armenia. Explore what they are up to today, and check out what they have to say about the Fund.

81%
live in Armenia
82%
are employed
27.8%
of those employed are in executive or managerial roles
9%
have launched their own startups or ventures
100%
said the scholarship was essential to completing their degrees*

*Results based on 36.7% response rate of an anonymous survey administered in July 2025. See the latest impact report for more information. 

 

Scholarship Recipients

2014-2015 Academic Year

Armen Pirumyan, MBA ‘16

2015-2016 Academic Year 

Inesa Petrosyan, MA TEFL ’17

2016-2017 Academic Year 

Tigran Tsaturyan, BAB ‘19
Anna Zohrabyan, MBA ‘17
Lusine Snkhchyan, BAB ‘18

2017-2018 Academic Year

Lusine Snkhchyan, BAB ‘18
Eduard Hovhannisyan, BAB ‘20
Liana Minasyan, BS CS ‘20

2018-2019 Academic Year

Eduard Hovhannisyan, BAB ‘20
Liana Minasyan, BS CS ‘20
Anush Abrahamyan, BAB ‘21

2019-2020 Academic Year

Larisa Poghosyan, BS DS ‘22
Anahit Hovelyan, BAB ‘23
Anush Abrahamyan, BAB ‘21

 

2020-2021 Academic Year

Anush Abrahamyan, BAB ‘21
Larisa Poghosyan, BS DS ‘22
Ashot Simonyan, BAB ‘24
Anahit Hovelyan, BAB ‘23 

2021-2022 Academic Year

Ashot Simonyan, BAB ‘24
Anahit Hovelyan, BAB ‘23
Meri Ghazaryan, BAB ‘25
Tigran Muradyan, BS DS ‘25

2022-2023 Academic Year

Karine Ghahramanyan, BAPG ‘25
Anahit Hovelyan, BAB ‘23

2023-2024 Academic Year

Chatinyan Viktoria, BAB ‘26
Yedigaryan Levon, BS CS ‘26
Ghandilyan Alesya, BS ES’25
Paradyan Lusine, BA EC ’26

2024-2025 Academic Year

Chatinyan Viktoria, BAB ‘26
Yedigaryan Levon, BS CS ‘26
Ghandilyan Alesya, BS ES’25
Paradyan Lusine, BA EC ’26

 

Named Alumni Scholarships

A named scholarship is a meaningful way to create lasting impact and honor your personal connection to AUA. With a minimum annual gift of $4,000 (full one-year tuition for one student) or $2,500 (partial one-year tuition for one student), alumni can establish a named scholarship as part of the AUA Alumni Scholarship Endowment Fund to support students throughout their academic journey.

Most donors choose to make multi-year pledges, which ensure that their named scholarship supports a student from enrollment through graduation. These scholarships not only open doors, but also carry the donors’ name, values, and legacy forward with the success of the supported students. The following alumni have created named scholarships as part of the Fund:

supported students. The following alumni have created named scholarships as part of the Fund:

California Alumni Scholarship

Carrying their positive experiences as undergraduate and graduate students at AUA, alumni in Southern California – upon finding professional stability and success – have chosen to give back through the “AUA California Alumni Scholarship.” The 25 participants, who studied in various AUA programs, raised over $3,500 to support students.
 

Hayk Martirosyan and Sona Petrosyan Scholarship

“Time passed, but we never forgot the role AUA played in our lives. Just as back in 1995 others gave to AUA to enable us to study here and build our careers, we decided to give back to AUA to express our gratitude and enable another student to have this valuable and life-changing experience. It is such a good feeling to give back, to be a part of something so vitally important, once as a student beneficiary and now as a supporter of another student.”
 

Kristina Ter-Kazarian & Arman Voskerchyan Scholarship

“It is a great privilege for us to support bright young people in pursuit of their academic ambitions. AUA is an exceptional place to get an education, to get involved in community life and to gain the skills necessary for becoming a future leader. It is very rewarding to know that another talented student will have access to cutting-edge education, entrepreneurship, creativity and innovation offered at AUA.” Four students have already benefited from this scholarship.
 

Karen Baghdasaryan and Gohar Hovsepyan Scholarship Endowment Fund

“Time passed, but we never forgot the role AUA played in our lives. Just as back in 1995 others gave to AUA to enable us to study here and build our careers, we decided to give back to AUA to express our gratitude and enable another student to have this valuable and life-changing experience. It is such a good feeling to give back, to be a part of something so vitally important, once as a student beneficiary and now as a supporter of another student.”
 

Hambardzumyan Scholarship

Six years have passed since Albert Hambardzumyan’s (MSCIS ’17) graduation from the Master of Science in Computer and Information Science (MSCIS) program of the American University of Armenia (AUA). Four students have already benefited from this scholarship.
 

Galstyan Family Annual Scholarship

Two decades after receiving his degree from the American University of Armenia (AUA), Sargis Galstyan (MBA ’03) has returned to his alma mater to announce the establishment of a named scholarship, set to support one of the University’s current students.