|Tomorrow's doctors practice in a lab of the HCM City University of Medicine and Pharmacology. (Photo: Mai Hai/SGGP)|
University and college students in straitened circumstances can borrow up to VND800,000 a month at 0.5% monthly interest under the government’s new student loan policy.
A decree to this effect was signed yesterday by Deputy Prime Minister Nguyen Sinh Hung.
Every loan applicant will be means-tested and must submit written confirmation of their lowly financial status from their local people’s committee.
They must also submit their university entrance exam results and a character reference from their lecturers.
To help impecunious students get to and from school, the Student Support Center is teaming up with Motorola Vietnam to start a free bus service between the center of Ho Chi Minh City and the university campuses in Thu Duc District.