Yandex has established a scholarship for 1-2 year students of Phystech School of Applied Mathematics and Informatics. Students with the highest number of points for the previous semester will receive 15 000 rubles (1823,90 dollars) per month.

10 scholarships were approved for each course. Points are awarded for learning achievement, publications, participation in conferences, competitions and hackathons. Moscow Workshops ICPC are held at MIPT and activitie in the area of competitive programming is a bonus in determining the scholarship holder.

The Phystech School of Applied Mathematics and Informatics has been established to accumulate and develop the competences currently called for in mathematics and computer science, as well as in their applications.