Within the Hayastan Fund initiative, all the students from Nalbandyan village enrolled in Armenian universities are receiving full scholarships. In 2017, 13 students were awarded the scholarship. They are currently studying in various leading institutions of higher education. The project was made possible through the generosity of Toronto based Nalbandian family.
The benefactor family financed the reconstruction of the school that was completed in 2016. The school also received new furniture and equipment. Another ongoing project will see the premises of the school fully upgraded and landscaped. Yet another project sponsored by Hayastan All Armenian Fund was the construction of a new sports hall for the school. 551 students are currently enrolled in the school.