Yerevan State University (YSU) students, studying geology were awarded a monetary reward.

Hrach Karyan and Marine Bangoyan received a monetary reward, funded by the Petros Aloyan Fund, as the authors of the undergraduate dissertation and best master's thesis in the Faculty of Geology and Geography at YSU.

An agreement was made between YSU's Faculty of Geography and Geology and Lydian Armenia that the committee would select the best works from the bachelors and masters graduates. The authors of the two selected works were awarded 1,500 euros each by the Petros Aloyan Foundation.

The purpose of the award is to encourage students who have chosen geology as a profession to acquire in-depth professional knowledge and apply it in practice.