Adjust the level of education loans for students

Deputy Prime Minister Nguyen Thien Nhan-republic socialist Vietnam has directed the Social Policy Bank adjustment lending level subjects students of poor households to ensure that this lower level of loan lending level objects of poor families.

In the meeting of the Credit Program for students, students with ministries, departments, Deputy Prime Minister Nguyen Thien Nhan has asked the Bank social policies (VBSP) adjustment lending level subjects poor households to cover their loans is below the level of loan objects of poor families. Performed only once with the lending period not exceeding 12 months for students, students whose family financial difficulties. Organizing and implementing the collection of interest student loans for those cases and the conditional voluntary offer to pay the interest while students are learning.
  Ex soldiers, rural youth apprenticeship is the new object is added to the credit program students.
Current maximum loan amount for each student is 860,000 VND per month. VBSP will be based on tuition rates for each school, living expenses and needs of the borrower to the lending decisions specific to each student.
Loan amount for each household based on the number of students in the family, have time at school and levels of lending to each student. The borrower must repay the loan principal and interest when students first, students have jobs and income but not exceeding 12 months after students finish the course.
It is known that, after nearly three years of implementation, since Decision No. 157/2007/QD-TTg dated 27/9/2007 of the Prime Minister credit for students, students are issued, there have been over 1.9 of the 1.7 million students have families in difficult circumstances has lent over 24,000 billion VND.
However, a number of unions, local authorities have not clearly defined their responsibilities in the loan process, have not done well in the certification responsibility, the right choice difficult subjects covered for; some schools, vocational training institutions have not done well the exchange of information and statistics on the number of students to get loans and the implementation of commitments to pay debts is still a part of students do not fully understand the meaning the use of borrowed funds and responsibility to repay the family.
To make student loans for academic year 2010 - 2011, Deputy Prime Minister Nguyen Thien Nhan has asked the Finance Ministry in coordination with the State Bank of Vietnam, VBSP report and recommendations to the Prime Minister on 5,000 billion budget that the Social Policy Bank to request resources for student loans first semester school year from 2010 to 2011. In the fourth quarter of 2010 the Prime Minister to report an overall plan to make capital credit program for students since 2011.
Reportedly, in 2010, the Prime Minister has decided to extend the recipients of this policy, under which the recovery team members, training of rural youth is the new object is added to the program student credit. 

Under the direction of the Deputy Prime Minister Nguyen Thien Nhan, school loans website (http://vayvondihoc.moet.gov.vn/) will be the Ministry of Education and Training completed in the month 10/2010. The website will provide information, correct and update the policy relating to loans from primary sources to study the Ministry of Education and Training.