Russian funds for overseas study scheme?

A student closing a suitcase

Students that receive funding to study abroad will have to return and work in Russia

The Russian government is considering funding the study of domestic students at leading foreign universities - provided they return to Russia once they've graduation. 

The Russian Agency for Strategic Initiatives (ASI) and the Alumni Club of Harvard University have helped the Russian government to put the initiative together. According to the proposal, the government could provide as much as $5 billion (£3.1 billion) over the next 10 years for overseas study. This could fund places for more than 100,000 Russian students at leading foreign universities. There is also the possibilty that several Russian state-owned corporations and private businesses might participate in the project, as it would help to train up the specialists of the future that they will be looking to recruit. 

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