F. The Financial Viability of MEI and Future Prospects

The MEI board has plans that can ensure total financial viability. These plans, if approved by the AGBU Central Board, can cover all the expenses of the school and sustain its development.

If the Central Board approves MEI Board’s plans, MEI can
apply for international accreditation to enhance its academic standard and image;
improve its facilities in the school and boarding by adding more comfort;
raise its tuition fees and consequently increase income from parent payments;
attract higher quality teachers;
attract more quality students through aggressive marketing and recruitment strategy;
offer limited scholarships to very deserving, needy Armenian students, thus adding to the corps of high quality students.