Approximately 30% of students enrolled annually receive loans.

According to the Prime Minister's Decision on credit funds for high school and university students, approximately 30% of students enrolled each year will be eligible for loans.

This is the directive of the Prime Minister in Decision No. 319/QD-TTg dated March 25, 2008, on credit funding for students in accordance with Decision No. 157/2007/QD-TTg.

According to this decision, the Government will focus on mobilizing approximately 30 to 35 trillion VND to establish a revolving fund for a 5-year academic cycle (four years of study and one year of grace period) for disadvantaged students to borrow for their studies. The Prime Minister assigned the Ministry of Finance to proactively allocate capital to the Social Policy Bank for one cycle of student loans; the Social Policy Bank is responsible for recovering the loan capital in the first cycle to create a revolving fund for loans in subsequent cycles. If the revolving fund is insufficient, the Social Policy Bank will proactively seek other sources of capital to compensate.

Based on the functions and responsibilities of ministries, sectors, and localities, the Prime Minister also assigned specific tasks to the Ministries of Planning and Investment, Labour-Invalids and Social Affairs, and Finance; the People's Committees of provinces and centrally-administered cities; and political and social organizations to effectively implement this decision.

(According to People)