The Ministry of Education Culture and Science of Mongolia, Ministry of Finance of Mongolia, New World Foundation of Mongolia and Young Leader Club together with the Mongolian National Television annually select the Best Student of the certain year. To be nominated, the student has to be studying in Mongolia for undergraduate studies. The award ceremony has been organized for the last decade. It is the most prestigious award that can be given to a student (pursuing undergraduate degree) in Mongolia. Its recipients are awarded by a full scholarship to study in prestigious university in anywhere in the world. Ministry of Education covers the full financial support. The award ceremony has always been broadcast on Mongolian National Television (Mongolian National Broadcaster- MNB).
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