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VietNamNews

Disadvantaged students receive support

Update: April, 11/2012 - 11:41

HA NOI – Students who pass university entrance exams, but lack the funds to pursue their studies, will receive financial support, according to Prime Minister Nguyen Tan Dung.

The PM called on the Education and Training Ministry and the People's Committee chairmen of provinces and cities to determine the number of disadvantaged students in their localities.

The move aims to provide opportunities to disadvantaged students nation-wide to study at universities and colleges.

Over 2.3 million students from around 1.8 million disadvantaged households gained benefits since the preferential credit programme kicked off in October 2007.

It is estimated that total programme support has reached over VND32.5 trillion (US$1.5 billion).

Under a Government decision, which took effect last August, students nationwide can access monthly loans of VND 1million ($48) each at a ficed preferential interest rate of 0.65 per cent per month. – VNS

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