According to the memorandum, it was agreed to expand cooperation in order to increase awareness of the opportunities created by TTKF in order to ensure access to education for people from low-income groups, to create equal opportunities for education and to expand the scope of education, to increase the knowledge and skills of young people and to support them in the labor market.
It should be noted that the Memorandum of Understanding entered into force on the date of its signing and will be valid for three (3) years.
The Memorandum, which will serve to establish mutually beneficial relations, envisages the organization of joint activities for the purpose of supporting voluntary and internship programs, including seminars and trainings, involving students and graduates in internship programs according to their qualifications, giving priority to students and graduates who have benefited from education student loans if vacancies arise in the relevant field.
Bahruz Azimov, Deputy Chairman of the Board of Directors of TTKF, informed about the works carried out by the Foundation. It was reported that during the short period of its operation, the Fund received about 47 thousand applications, more than 37 thousand education student loan contracts were signed.
Tahir Khalafov, Deputy Chairman of the Board of Directors of TTKF, informed about the work done by the Foundation. He said that the main goal of the "Education Student Loan Fund" created by the Decree of the President of the Republic of Azerbaijan dated June 17, 2021 No. 1367 is to ensure access to education for people from low-income groups, to create equal opportunities for education and to expand the scope of education. It was noted that during the short period of its operation, the Fund received approximately 55 thousand applications and signed more than 43 thousand educational student loan contracts.
On June 10, 2022, a Memorandum of Cooperation was signed between the Education Student Loan Fund (TTKF) and the State Examination Center (SEC).
According to the memorandum, it was agreed to expand cooperation in order to increase awareness of the opportunities created by TTKF in order to ensure access to education for people from low-income groups, to create equal opportunities for education and to expand the scope of education, to increase the knowledge and skills of young people and to support them in the labor market.
It should be noted that the Memorandum of Understanding entered into force on the date of its signing and will be valid for three (3) years.
A Memorandum of Understanding was signed between the Educational Student Loan Fund and DOST Agency. The document was signed by Araz Pashayev, Chairman of the Board of the Educational Student Loan Fund, and Farid Mammadov, Chairman of the Board of DOST Agency. Araz Pashayev, Chairman of the Board of the Education Student Loan Fund, said that the Memorandum will cover a wide range of mutual cooperation and will bring positive results for both agencies. During his speech at the signing ceremony Farid Mammadov briefed on the activities of the organization he heads. He noted that the activity of DOST, which has become a brand in the social sphere in a short period of time, has been highly appreciated by a number of influential international organizations. This Memorandum will also contribute to the development of friendly values. According to the Memorandum, the parties supported the participation of students receiving educational student loans in the programs of volunteering and internships in the relevant field, expanding the application of research and innovation in the work of the agency, the implementation of joint projects and other areas they agreed on.
On 14.10.2022 a Memorandum of Cooperation was signed between the Educational Student Loan Fund (TTKF) and the Azerbaijan State Economic University (UNEC) to define a joint action plan and mutual cooperation. The document was signed by the Chairman of the Board of the Educational Student Loan Fund Araz Pashayev and Rector of the Azerbaijan State Economic University Adalat Muradov. The purpose of the memorandum is to ensure cooperation and partnership with UNEC to reach a wider audience with information about educational student loans, provide students and parents with more detailed information about educational student loans and benefits, implement projects that increase social responsibility, organize joint events, and collaborate in areas of joint project implementation.
BSU and the Educational Student Loan Fund signed a cooperation agreement. According to the agreement, the parties will cooperate in implementing joint projects to support university students to enter scholarship programs provided by the Fund and participate in other joint programs.
ADA University and the Educational Student Loan Fund signed a Memorandum of Cooperation and Joint Action to define a plan of joint activities and mutual cooperation. The document was signed by Fariz Ismailzadeh, Vice-rector of ADA University, Director of the Institute for Development and Diplomacy and Araz Pashayev, Chairman of the Board of the Educational Student Loan Fund. Araz Pashayev, Chairman of the Fund, informed of the activities of the Fund and its support to students. He said the memorandum would cover a wide range of mutual cooperation and bring positive results for both sides. Fariz Ismailzadeh, Vice-rector of ADA University, spoke about the educational scholarship awarded to students of ADA University and the support provided by this scholarship to the development of education. He emphasized that the scholarship has a positive impact on students' choice of the right major, and the credit encourages young people to study with high academic performance. It was added that during 2021-2022, up to 100 ADA University students benefited from the Fund. The purpose of the Memorandum is to ensure cooperation and partnership with ADA University to reach a wider audience with information about educational student loans, provide students and parents with more detailed information about educational student loans and benefits, implement projects that increase social responsibility, organize joint events, and collaborate in areas of joint project implementation.
The State Committee for Family, Women and Children Affairs of the Republic of Azerbaijan and the Educational Student Loan Fund signed a memorandum.
On 12.12.2022 a Memorandum on joint cooperation was signed between the Educational Student Loan Fund and " ArchiCO" LLC (Engineering Company " ArchiCO"). The document was signed by Araz Pashayev, Chairman of the Board of the Educational Student Loan Fund, and Mahammad Musayev, General Director of "ArchiCO" LLC. The aim of the memorandum is to support the organization of joint programs, implementation of innovative initiatives, support the participation of students receiving TTK in volunteer and internship programs, industrial practice, as well as seminars and trainings in the relevant field, attracting the level of training in internship programs in accordance with the requirements of the labor market, providing preference to students and graduates benefiting from TTK in case of vacancies in the relevant field in the company and establishing mutual cooperation in other fields.
In 2023, on January 24, a memorandum was signed between Khazar University (Khazar University) and the Educational Student Loan Fund. Rector of Khazar University Irada Khalilova, Vice Rector for Educational Work and Cooperation with Students Mahammad Nuriyev, Head of Admission Commission Lamiya Khalilova, Chairman of the Board of the Educational Student Loan Fund Araz Pashayev, Head of the Division of Academic Affairs Turana Karimova, leading specialist of the Division of Academic Affairs Agja Mammadova, Human Resources Specialist Fatima Abdullayeva attended the meeting. Representatives of the TTK Fund provided information on loans offered by the Fund to students, the rules for applying, the terms of payment. Possible cooperation between Khazar University and the Educational Student Loan Fund was discussed at the meeting.
Educational Student Loan Fund and the Social Services Agency will cooperate to provide assistance to students from socially vulnerable families in the field of education. The Memorandum of Understanding on joint cooperation was signed between the Educational Student Loan Fund under the Ministry of Science and Education and the Agency for Social Services under the Ministry of Labor and Social Protection. Vugar Behbudov, the Chairman of the Board of the Agency informed about the activities of the organization and the large-scale social support measures implemented at the event. Mobile and stationary services provided to vulnerable people by 12 branches and 13 agencies throughout the country were discussed. Chairman of the Board of the Fund Araz Pashayev informed about the activities of the Fund and its support to students. He emphasized the importance of cooperation between the two organizations in improving the scope and quality of services provided to students belonging to vulnerable groups. The memorandum aims to raise awareness and organize outreach work to ensure access to education for students from socially vulnerable families, as well as to support their participation in volunteer and internship programs, internships, seminars and trainings in the relevant area. The memorandum reflects the directions of cooperation on the implementation of socially significant projects for the development of relations between the parties.
On April 29, the Memorandum of Understanding on joint cooperation was signed between the Education Student Loan Fund and the Azerbaijan Hotel Association. The signing ceremony was attended by Bahruz Azimov, the deputy chairman of the board of TTKF, and Gunay Sağlam, the chief executive director of AHA.
The Memorandum, which will serve to establish mutually beneficial relations, envisages the organization of joint activities for the purpose of supporting voluntary and internship programs, including seminars and trainings, involving students and graduates in internship programs according to their qualifications, giving priority to students and graduates who have benefited from education student loans if vacancies arise in the relevant field.
On July 16, a Memorandum of Cooperation was signed between the Education Student Loan Fund and the Career and Work Preparation Center.
Bahruz Azimov, Deputy Chairman of the Board of Directors of TTKF, informed about the works carried out by the Foundation. It was reported that during the short period of its operation, the Fund received about 47 thousand applications, more than 37 thousand education student loan contracts were signed.
Continuous work is being done by the Foundation in order to improve the employment opportunities of students who have benefited from the education student loan. Cooperation is established with leading representatives of the public and private sector in order to attract students and graduates to internship programs in accordance with the requirements of the labor market, ensure their participation in career fairs, and create conditions for them to test and develop their skills in various fields in order to increase their professional skills. The next such cooperation started with "Unibank Commercial Bank" OJSC.
A Memorandum of Cooperation was signed between the Education Student Loan Fund and Azerbaijan Medical University on June 7. The Memorandum, which will serve to establish mutually beneficial relations, envisages the organization of joint activities for the purpose of supporting voluntary and internship programs, including seminars and trainings, involving students and graduates in internship programs according to their qualifications, giving priority to students and graduates who have benefited from education student loans if vacancies arise in the relevant field.
A Memorandum of Cooperation was signed today with Baku Slavic University as a continuation of the work carried out by the Fund in order to improve the employment opportunities of students who benefited from the Education Student Loan Fund.
On October 23, a Memorandum of Cooperation was signed between the Education Student Loan Fund and "Shamkir Agropark" LLC.
Tahir Khalafov, Deputy Chairman of the Board of Directors of TTKF, informed about the work done by the Foundation. He said that the main goal of the "Education Student Loan Fund" created by the Decree of the President of the Republic of Azerbaijan dated June 17, 2021 No. 1367 is to ensure access to education for people from low-income groups, to create equal opportunities for education and to expand the scope of education. It was noted that during the short period of its operation, the Fund received approximately 55 thousand applications and signed more than 43 thousand educational student loan contracts.
