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Study in Armenia 2026: Complete Guide for Indian Students

Study in Armenia 2026: Complete Guide for Indian Students

Introduction

For Indian students exploring international education options in 2026, Armenia is emerging as a destination worth researching, particularly for students interested in medicine and other professional programmes. Located in the South Caucasus, Armenia offers an international higher education environment, relatively compact cities and universities that welcome students from different countries.

For many Indian families, the decision to study abroad involves much more than university rankings. Tuition fees, admission requirements, language of instruction, accommodation, visa procedures, safety, academic recognition and future career opportunities all play an important role. Armenia can attract attention because some programmes, particularly medical programmes, are offered in English and are structured for international students.

One of the most established examples is Yerevan State Medical University after Mkhitar Heratsi (YSMU). For the 2026–27 academic year, YSMU is accepting applications from foreign citizens, with teaching available in Armenian, Russian and English. The university states that more than 2,000 foreign students from 33 countries are studying there and that around 9,000 international graduates are working professionally across 40 countries.

However, students should not choose Armenia simply because it may appear more affordable than some traditional destinations. The right decision depends on the course, university, recognition requirements, budget and long-term career plans.

This complete guide explains everything Indian students should know about studying in Armenia in 2026, including universities, popular courses, medical education, eligibility, tuition fees, admission process, English-language programmes, visa requirements, residence status, living costs, scholarships, student life and career considerations.


Why Study in Armenia in 2026?

Armenia offers international students an opportunity to study in a country with a growing international education sector and a distinctive cultural environment. Its capital, Yerevan, is the country's major educational and economic centre and is home to several higher education institutions.

For Indian students, Armenia can be particularly interesting for medical education. Universities such as Yerevan State Medical University have established international student departments and offer English-medium medical education. The university's 2026–27 foreign admission information lists General Medicine, Stomatology and Pharmacy among its programmes for international applicants.

Another factor is the availability of programmes taught in English. Students who are not fluent in Armenian or Russian can therefore explore programmes designed for international students, although the exact language of instruction must always be confirmed with the selected university.

Armenia is also geographically positioned between Europe and Asia, giving students exposure to a different cultural and academic environment. For students who want to experience a less traditional study abroad destination, this can be an additional attraction.

At the same time, students need to conduct proper research into university recognition, programme accreditation and future professional requirements, particularly if they plan to return to India after graduation.


Is Armenia a Good Choice for Indian Students?

Armenia can be a good study abroad option for Indian students, especially those considering medicine, but it is important to evaluate the university and course individually.

For medical students, the presence of established institutions with international student populations can make Armenia worth considering. YSMU, for example, currently reports more than 2,000 foreign students from 33 countries.

English-medium study is another major consideration. YSMU's foreign admission information confirms that teaching is conducted in Armenian, Russian and English, and specifically publishes tuition rates for foreign citizens studying in English.

However, Indian students should pay particular attention to professional recognition. Medicine is a regulated profession, and studying medicine abroad involves requirements beyond university admission. Before applying, students should verify the latest rules of the relevant Indian authorities and examination bodies and ensure that the specific institution and programme meet their future licensing requirements.

For non-medical students, the decision should similarly be based on programme quality, accreditation, career outcomes and the university's international standing.


Study in Armenia After 12th

Indian students who have completed Class 12 can explore undergraduate and professional programmes in Armenia, subject to the admission requirements of the selected university.

Students from the Science stream may be particularly interested in Medicine, Dentistry, Pharmacy, Engineering, Computer Science and related programmes. Students from Commerce or Humanities backgrounds can explore business, economics, social sciences and other relevant disciplines where available.

The exact academic requirements depend on the university and programme. Medical programmes may require students to demonstrate knowledge of subjects such as Physics, Chemistry and Biology.

For example, YSMU's 2026–27 admission information states that foreign applicants must have secondary or secondary professional education and must successfully pass two of the entrance examinations from Physics, Chemistry and Biology, based on the applicant's choice.

Students should therefore not assume that completing Class 12 automatically guarantees admission. Programme-specific entrance requirements must be checked before applying.


Study in Armenia After Graduation

Armenia can also be considered by Indian students looking for postgraduate education.

Depending on the university and field, students can explore Master's programmes, postgraduate professional education and other advanced qualifications. Medical graduates can also investigate residency or clinical postgraduate opportunities.

YSMU, for example, states that postgraduate clinical education is available across more than 80 specialisations, with clinical residency programmes generally lasting between two and four years depending on the specialisation.

Students applying for postgraduate study should check whether the programme requires a relevant Bachelor's degree, entrance examination, work experience, language proficiency or other documentation.


Popular Courses to Study in Armenia

Although Armenia has universities offering programmes across multiple disciplines, international students often pay particular attention to medicine and healthcare.

Medicine

Medicine is one of the most prominent areas for international students considering Armenia. YSMU's foreign admissions information lists General Medicine as a six-year programme for international students studying in English.

The programme includes academic and clinical education, and students should understand the complete curriculum and clinical training structure before applying.

Indian students considering medical education abroad should also research India's current regulatory requirements before enrolling.

Dentistry

Dentistry is another healthcare option available to international students. YSMU lists Stomatology as a five-year programme for foreign citizens studying in English.

Students interested in dentistry should similarly verify recognition and licensing requirements for the country in which they ultimately want to practise.

Pharmacy

Pharmacy programmes are also available. YSMU's current foreign admissions information lists an English-taught Bachelor's programme in Pharmacy with a duration of four years.

Students should compare the curriculum, practical training, professional recognition and career pathway before choosing a pharmacy programme.

Engineering and Technology

Students interested in technology and engineering can also explore Armenian higher education institutions offering relevant programmes. Potential areas may include Computer Science, Information Technology, Engineering and related disciplines.

Because programmes differ between institutions, students should examine the curriculum and accreditation rather than selecting a university solely on the basis of country or general reputation.

Business and Management

Business-related programmes can also be considered by international students looking for Bachelor's or Master's education in Armenia. Depending on the institution, students may find options in Business Administration, Economics, Finance, Management and related fields.


Medical Education in Armenia for Indian Students

Medicine is arguably the area where Indian students should conduct the most detailed research before choosing Armenia.

The country has established medical institutions with international student departments. YSMU's current information indicates that it has thousands of foreign students and international graduates working in multiple countries.

For the 2026–27 academic year, YSMU's foreign admissions page lists English-taught General Medicine with a six-year duration and annual tuition of 2,600,000 Armenian drams for foreign citizens studying in English. Stomatology is listed as five years with the same annual English-medium tuition figure.

However, Indian students should not interpret the tuition fee alone as proof that a medical programme is suitable for them. Before applying, they should verify the institution's current recognition status and the applicable rules governing medical graduates who wish to return to India.

The complete cost should also include accommodation, insurance, food, travel, books, visa or residence-related expenses and other personal costs.


MBBS in Armenia for Indian Students

Indian students often use the term MBBS in Armenia, although the exact degree title can differ between institutions and countries.

At YSMU, the relevant programme is listed as General Medicine, with a six-year duration for international students. The university publishes separate tuition information for foreign citizens studying in English.

Students considering medicine in Armenia should look beyond the programme name and examine the complete curriculum, clinical training, internship structure, examination requirements and professional recognition.

Most importantly, students who intend to practise medicine in India should verify the current requirements applicable to foreign medical graduates before making a financial commitment.


Medical Entrance Requirements for Armenia

Medical admission requirements can vary between universities.

At YSMU, foreign applicants for the 2026–27 academic year are required to have secondary or secondary professional education and successfully pass two entrance examinations selected from Physics, Chemistry and Biology. The university also publishes examination topics for foreign applicants.

Students who do not meet the entrance examination requirements may have the option of undertaking preparatory education. YSMU has a foreign-student preparatory programme and publishes a separate fee structure for international students studying in English.

Indian students should therefore begin preparation well before the application deadline, especially if entrance examinations are required.


Tuition Fees in Armenia for Indian Students

Tuition fees vary depending on the university, programme and language of instruction.

One useful example is YSMU's 2026–27 fee information for foreign students. The university lists annual English-medium tuition of 2,600,000 Armenian drams for General Medicine, 2,600,000 Armenian drams for Stomatology, and 2,100,000 Armenian drams for its four-year English-medium Pharmacy Bachelor's programme.

The university also states that annual tuition for these foreign English-language programmes remains unchanged throughout the period of education, although exceptional contractual arrangements may apply.

These figures should be treated as university-specific examples, not as a standard tuition fee for all Armenian universities.

Students should always check the latest fee schedule directly with their chosen institution before applying.


Cost of Living in Armenia for Indian Students

Tuition is only one part of the total cost of studying abroad. Students also need to budget for accommodation, food, transportation, insurance, study materials, communication services and personal expenses.

Yerevan is the main destination for many international students, and living costs will depend on whether a student chooses university accommodation, shared housing or private accommodation.

Students who share accommodation and manage their daily expenses carefully may be able to control their monthly spending. However, lifestyle choices can significantly change the overall cost.

Indian students should prepare a complete financial plan before travelling rather than relying on estimates found online. The university should also be contacted regarding hostel availability, accommodation fees and facilities.


Accommodation for Indian Students in Armenia

Accommodation is an important part of the study abroad decision.

Some universities provide hostel or student accommodation. YSMU, for example, states that accommodation is provided at the university hostel, with rooms housing two or three students.

University accommodation can be attractive for first-year international students because it may simplify the transition to a new country and provide proximity to campus.

Students who choose private accommodation should consider rent, utilities, internet, transportation and the distance from the university.

It is generally advisable to arrange accommodation before travelling, especially during the beginning of a new academic year when demand can increase.


English-Taught Programmes in Armenia

English-medium education is one of the key factors that makes Armenia relevant to international students.

YSMU explicitly states that teaching is conducted in Armenian, Russian and English, and its foreign admissions information provides separate tuition figures for international students studying in English.

However, students should distinguish between a university offering English-medium education and every programme being taught entirely in English.

Before applying, students should confirm the language of instruction for their exact course, the language used during clinical training if applicable, and whether knowledge of Armenian or Russian becomes useful or necessary for interacting with local patients or completing practical training.


Is IELTS Required to Study in Armenia?

There is no single IELTS requirement that applies to every Armenian university and programme.

Some universities or programmes may require proof of English proficiency, while others may assess language ability through their own admission process or have different requirements for international applicants.

Students should therefore check the official admission requirements of the selected institution before registering for IELTS or another English-language examination.

For medical students, the language of instruction and the practical training environment should both be considered.


Scholarships for Indian Students in Armenia

Scholarship availability varies by institution, programme and student profile.

Indian students should research scholarships directly through the university they plan to attend. Some institutions may offer tuition discounts, merit-based awards or other forms of financial assistance, but eligibility and coverage can differ.

Students should not assume that a scholarship will cover accommodation, food, insurance or travel expenses unless the award specifically states so.

If affordability is a major concern, students should calculate the total annual cost after considering any confirmed scholarship or tuition reduction.


Admission Process for Studying in Armenia

The admission process depends on the university and programme, but international students should generally begin by selecting their course and checking eligibility.

The first stage is to review academic requirements, language requirements, entrance examinations and tuition fees. Students should then prepare academic certificates, transcripts, passport documents, photographs and any other programme-specific documents.

Medical applicants may need to prepare for subject-based entrance examinations. At YSMU, for example, foreign applicants are required to successfully complete two examinations selected from Physics, Chemistry and Biology.

After the university accepts the application, students should carefully follow the institution's instructions regarding admission confirmation, tuition payment, visa documentation and accommodation.


Armenia University Admission 2026–27

For students planning to apply in 2026, deadlines are particularly important.

YSMU's current 2026–27 foreign admissions information states that applications are being accepted from 22 June to 30 September 2026. Applicants who submitted their applications by 20 August 2026 could take entrance examinations between 26 and 31 August 2026.

This is a useful example of why students should not wait until the last moment. Entrance examinations, document preparation, university processing and visa procedures can all require additional time.

Other Armenian universities may follow different admission calendars, so students must check the official schedule of their chosen institution.


Documents Required to Study in Armenia

The exact documents vary by university and programme, but international applicants should generally prepare their academic and identity documents in advance.

These may include school or university certificates, transcripts, passport copies, photographs, application forms, English-language documents where required and other programme-specific materials.

Document authentication may also be required. YSMU's preparatory education information states that school documents should be notarised and that the original high school diploma should be apostilled if the applicant is from a country that has acceded to the Apostille Convention.

Students should therefore check the document legalisation requirements before submitting their application.


Armenia Student Visa for Indian Students

Indian citizens travelling to Armenia need to pay close attention to the country's current visa rules.

The Embassy of Armenia in India states that ordinary Indian passport holders require a visa. Current options include applying through the e-Visa system when the applicable conditions are met, obtaining a visa at an Armenian embassy, or using certain visa-on-arrival arrangements when the specified eligibility conditions are satisfied.

For e-Visa applications, the Embassy currently lists requirements that can include travel or medical insurance and, depending on the applicant's circumstances, an eligible residence permit or visa from specified countries, or an invitation, financial proof and air-ticket documentation.

The Embassy currently recommends the e-Visa route where applicable and states that processing takes approximately three working days under the listed e-Visa procedure.

Because visa policies can change, Indian students should verify the latest requirements directly with the Embassy or Armenian Ministry of Foreign Affairs before travelling.


Student Residence Permit in Armenia

Studying in Armenia involves more than simply obtaining an entry visa.

The Armenian Ministry of Foreign Affairs states that foreign citizens who study in Armenia can qualify for a Temporary Resident Card. The temporary residence card can be issued for up to one year.

This is an important distinction for international students. A short-term entry visa and a residence status for the duration of study are separate matters.

Students should coordinate with their university regarding the residence documentation and procedures applicable to their programme and nationality.


Health Insurance for International Students

International students should also consider medical insurance before travelling.

YSMU's foreign admission information states that students must be insured every year by a medical insurance company.

Insurance can be particularly important for international students because healthcare expenses can otherwise become an unexpected financial burden.

Students should check what their university requires, what coverage is included and whether any specific insurance provider or policy is mandatory.


Student Life in Armenia

Studying in Armenia provides international students with the opportunity to experience a different cultural and academic environment.

Yerevan, the capital, is the main centre for many international students and offers universities, cafés, restaurants, public spaces, shopping areas and cultural attractions.

International students can also interact with classmates from different countries. At YSMU, for example, the university reports foreign students from 33 countries, demonstrating the international character of its medical student community.

Indian students should still be prepared for cultural differences and should learn about local customs, transportation, food, weather and everyday communication before travelling.


Is Armenia Safe for Indian Students?

Safety is naturally one of the major concerns for students and parents considering an overseas education destination.

Students should review current travel advisories and university guidance before travelling, particularly because regional geopolitical conditions can change.

Choosing university accommodation or a well-researched residential area, keeping emergency contacts available and following local laws are sensible precautions.

Parents should also maintain regular communication with students during the initial period of adjustment.

Because safety conditions can change over time, students should always check current official government and university guidance immediately before travel rather than relying on an old blog or social media post.


Career Opportunities After Studying in Armenia

Career opportunities depend heavily on the course, university, skills and country in which the student ultimately wants to work.

For medical students, professional licensing is especially important. Completing a medical degree abroad does not automatically mean that a graduate can practise medicine in every country. Students must meet the licensing and registration requirements of the country where they intend to work.

YSMU states that around 9,000 of its foreign graduates are working professionally in 40 countries, indicating that its international alumni network extends beyond Armenia.

For students in technology, business or other fields, employability will depend on the quality of the programme, practical skills, internships, language ability and professional networking.

Students should therefore think about their post-graduation destination before selecting the university, rather than waiting until graduation.


Can Indian Medical Graduates Return to India After Studying in Armenia?

Indian students planning to study medicine abroad should research this question before admission, not after completing the degree.

Medical education is highly regulated in India, and foreign medical graduates have to meet the applicable requirements to pursue registration and practise medicine in India.

Students should verify the latest rules and recognition requirements with the relevant Indian regulatory authorities before paying university fees or committing to a programme.

The university's recognition, curriculum, duration, clinical training and other requirements should all be checked against the current Indian regulations.

This is one of the most important steps for anyone searching for MBBS in Armenia for Indian students.


Advantages of Studying in Armenia for Indian Students

One of Armenia's major advantages for international students is the availability of English-taught programmes in certain institutions. This is particularly relevant to medical students who want to pursue their education without studying the complete programme in Armenian or Russian.

Armenia also has universities with established international student communities. YSMU reports more than 2,000 foreign students from 33 countries.

The country offers a distinctive cultural experience and allows students to study in a relatively compact environment.

For medical students specifically, established institutions, international student departments and structured programmes can make Armenia worth considering.

The possibility of obtaining temporary residence status for study is another practical consideration, as the Armenian MFA explicitly lists studying in Armenia as a basis for a Temporary Resident Card.


Challenges of Studying in Armenia

Armenia is not necessarily the right destination for every student.

The first challenge is that university quality and programme recognition can vary. Students need to conduct careful research instead of assuming that every institution provides the same academic value.

For medical students, regulatory recognition is particularly important. Students intending to return to India must verify the applicable Indian requirements before enrolling.

Language can also become a consideration outside the classroom. Even if the academic programme is taught in English, knowing basic Armenian or Russian may be useful for everyday life and, in medical programmes, for communication during clinical exposure.

Students should also consider the country's location and regional geopolitical environment and review current official travel guidance before making travel plans.


Armenia vs Other Study Abroad Destinations

Indian students often compare Armenia with countries such as Georgia, Russia, Kazakhstan, Uzbekistan, Kyrgyzstan and other destinations, particularly when researching medical education.

Every destination has different advantages, admission requirements, tuition fees, recognition rules and career pathways.

Armenia can be attractive to students looking for an English-medium programme and an international university environment, but students should not select it simply because another student chose it.

The better approach is to compare university recognition, programme structure, total cost, clinical exposure, language of instruction, licensing requirements and post-graduation opportunities.

This is especially important in medicine, where the consequences of selecting the wrong programme can be much greater than in many other academic fields.


How to Choose the Right University in Armenia

Choosing the university should be the first priority after deciding on the course.

Students should begin by checking whether the university offers their preferred programme in English and whether the qualification is recognised in the country where they plan to work.

The next step is to compare tuition fees, accommodation, academic facilities, faculty, international student support and admission requirements.

Medical students should additionally examine clinical training, hospital affiliations, internship arrangements and professional recognition.

Students should also check the university's official website rather than relying exclusively on agents, social media posts or third-party rankings.


Armenia Study Abroad Application Timeline 2026

Students planning to study in Armenia should ideally begin preparation several months before their intended intake.

The first stage should focus on course and university research. Students should determine whether they want to study Medicine, Dentistry, Pharmacy, Engineering, Business, Technology or another field.

The next stage should involve checking academic eligibility, entrance examinations and English-language requirements.

Students can then prepare academic documents, passport documents and any required legalisation or authentication.

After submitting the application and receiving admission, students should work on tuition payment, visa documentation, accommodation, insurance and residence-related procedures.

For programmes with entrance examinations, students need to leave additional time for exam preparation. YSMU's current 2026–27 timeline demonstrates that entrance examinations can occur before the final application deadline.


Common Mistakes Indian Students Make When Applying to Armenia

One of the biggest mistakes is choosing a university only because someone recommended it. Every student's academic background and career goals are different.

Another mistake is failing to verify recognition. This is particularly risky for medical students because graduation does not automatically guarantee the right to practise medicine in India or another country.

Students may also underestimate document preparation. Apostille, notarisation, translations and other authentication requirements can take time.

Another common mistake is relying on outdated visa information. Visa rules can change, and India's current requirements should be checked directly with the Armenian Embassy or Ministry of Foreign Affairs.

Finally, students sometimes focus only on tuition fees and ignore accommodation, insurance, food, transportation, travel and other expenses.


Is Armenia Affordable for Indian Students?

Armenia can be considered by students looking for potentially manageable education costs, but affordability depends on the programme and university.

For example, YSMU currently lists annual English-medium tuition for foreign students at 2,600,000 Armenian drams for General Medicine and Stomatology and 2,100,000 Armenian drams for its four-year Pharmacy Bachelor's programme.

These figures demonstrate why students should compare actual university fees rather than relying on a generic "Armenia tuition fee."

The final budget should include tuition + accommodation + food + insurance + visa/residence costs + travel + study materials + personal expenses.


Who Should Consider Studying in Armenia?

Armenia may be worth considering for Indian students who want to explore a less traditional European-adjacent study destination and are interested in programmes available in English.

It can be particularly relevant for students researching Medicine, Dentistry and Pharmacy, provided they carefully verify professional recognition and future licensing requirements.

Students interested in other fields can also explore Armenian universities, but they should compare programme quality and career outcomes carefully.

Students who prefer a highly established global study destination with a very large number of universities may find other countries more suitable.


Frequently Asked Questions

Is Armenia good for Indian students?

Armenia can be a suitable study abroad destination for Indian students, particularly those interested in medical and healthcare programmes offered in English. However, students should evaluate university recognition, total cost, admission requirements and future career plans before applying.

Is Armenia good for MBBS for Indian students?

Armenia is one of the destinations Indian students consider for medical education, and universities such as YSMU offer English-medium General Medicine programmes. YSMU currently lists the programme as six years for foreign students. Students must independently verify the latest Indian regulatory and licensing requirements before admission.

How much does it cost to study medicine in Armenia?

Costs vary by university. For 2026–27, YSMU lists annual English-medium tuition of 2,600,000 Armenian drams for foreign students studying General Medicine. Students should additionally budget for accommodation, food, insurance, travel and other expenses.

Is IELTS required to study in Armenia?

IELTS requirements depend on the university and programme. Students should check the specific admission requirements of their chosen institution rather than assuming that one English-language test is mandatory for every programme.

Can Indian students study medicine in English in Armenia?

Yes. YSMU states that teaching is conducted in Armenian, Russian and English and publishes specific tuition information for foreign students studying in English.

What are the entrance requirements for medicine in Armenia?

Requirements vary by university. At YSMU, foreign applicants need secondary or secondary professional education and must successfully pass two entrance examinations selected from Physics, Chemistry and Biology.

Do Indian students need a visa for Armenia?

Yes. The Embassy of Armenia in India states that ordinary Indian passport holders require a visa. Depending on the applicant's circumstances, options can include e-Visa or embassy procedures, subject to the current eligibility requirements.

Can students get a residence permit in Armenia?

The Armenian Ministry of Foreign Affairs states that foreign citizens who study in Armenia can qualify for a Temporary Resident Card, which can be issued for up to one year.

Is Armenia safe for Indian students?

Students should review the latest official travel advisories and university guidance before travelling. Armenia's regional geopolitical environment means that current conditions should be checked rather than relying on general safety claims from older sources.

Can I work while studying in Armenia?

Work rights depend on immigration status and current Armenian regulations. Students should not assume that a student visa automatically provides unrestricted employment rights and should verify the applicable rules before taking up work.

Can Indian students get scholarships in Armenia?

Scholarships and tuition assistance depend on the university and programme. Students should check directly with their selected university for current international student scholarship opportunities and eligibility criteria.

What is the main city for international students in Armenia?

Yerevan is the capital and a major centre of higher education in Armenia. Several important universities and institutions are located there, including Yerevan State Medical University.


Final Thoughts

Study in Armenia 2026 can be an interesting option for Indian students looking for an international education experience, particularly those considering Medicine, Dentistry, Pharmacy and other healthcare-related programmes.

The availability of English-medium programmes, established international student communities and universities with dedicated foreign-student admission systems makes Armenia worth researching.

However, students should approach the decision carefully. The most important question is not simply whether Armenia is affordable or whether another student successfully studied there. The real question is whether the specific university and programme meet your academic, professional and financial goals.

For medical students, recognition and licensing should be the highest priority. Before paying any fees, students should verify the latest requirements applicable to foreign medical graduates in India and ensure that their chosen programme meets those requirements.

For all other students, university accreditation, curriculum, career opportunities, tuition fees and employability should be carefully compared.

If you are planning to study abroad in 2026, start your research early. A well-planned application can give you enough time to prepare entrance examinations, organise documents, explore scholarships, secure admission and complete visa and residence procedures.


Get Free Armenia Study Guidance from Overseas Education Lane (OEL)

Planning to study in Armenia in 2026 but unsure which university or course is right for you?

Overseas Education Lane (OEL) can help you understand your study abroad options based on your academic profile, preferred course, budget and future career goals.

Our counselors can assist with university shortlisting, course selection, eligibility assessment, admission applications, documentation, scholarship guidance and visa assistance.

For students interested in Medicine, Dentistry, Pharmacy or other programmes in Armenia, we can also help you understand the important factors you should check before making your final decision.

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Start your Armenia study abroad journey with Overseas Education Lane today.


Important: University admission requirements, tuition fees, visa regulations, residence rules, scholarship availability and professional recognition requirements can change. Students should verify the latest information directly with their chosen university, the Embassy of Armenia in India and the relevant Indian regulatory authorities before applying or making financial commitments.

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