University in Bulgaria Announces New Bitcoin Scholarship

The international business school, Varna University of Management (VUM), in Bulgaria has announced a bitcoin-based scholarship for ten applicants to its software engineering bachelor’s program.

Students who apply to the program and get awarded the scholarship will be able to receive 1,000 Euros in bitcoins.

Scholarships will be awarded depending on the student’s background, past achievements and country of residence.

Varna University of Management announced “We strongly believe that cryptocurrency is an inevitable technical development that will lead to significant innovation in all aspects of our lives.”

“Endorsing and integrating bitcoin is a rational choice for us. We are always interested in delivering disruptive technologies in our IT and business programmes and cryptocurrency is definitely one of them.”

The University is also working on “accepting Bitcoin as payment for tuition and accommodation fees” it said.

With the new bitcoin scholarship, Varna University of Management aims to attract some of the brightest students from around the world.