"Midwife" for STEM students

Both training and registration for STEM fields are urgent requirements for development and are essential needs of real life. Decision No. 29/2025/QD-TTg is considered a "midwife" for students, especially disadvantaged students who are studious and pursue STEM fields.

The Faculty of Advanced Science and Technology (FAST) of the University of Science and Technology - Danang University awarded certificates to high school students in the city who participated in the STEM course "Programming for Mobile Robots", practicing and experiencing technology, in July 2025. Photo: NTCC

STUDENT HUYNH HO HUY HOANG, CLASS 23D4, MAJOR OF ELECTRICAL ENGINEERING, FACULTY OF ELECTRICAL ENGINEERING, UNIVERSITY OF SCIENCE AND TECHNOLOGY, DANANG UNIVERSITY:

A support to pursue passion

Technology students are required to spend many hours practicing on modern machines and equipment. Therefore, lack of access to laboratories, copyrighted software or advanced machines due to limited funding will affect the learning outcomes.

Therefore, Decision No. 29 brings many advantages, reduces pressure for students to focus and concentrate on studying and researching. Students can borrow the entire tuition fee (after deducting scholarships and support) and add up to 5 million VND per month for living expenses. This is very meaningful, especially for families in remote provinces and areas.

The interest rate is only 4.8%/year - significantly lower than the previous tuition loan program and the first installment is deferred for up to 12 months after graduation. This is a reasonable amount of time for students to stabilize their jobs and earn income to fulfill their financial obligations. I believe that this mechanism helps students "relieve financial pressure", focus on studying, and also creates more equal opportunities in accessing high-quality higher education .

STUDENT TRINH DAM MINH QUAN, CLASS 23IC, SEMICONDUCTOR DESIGN, VIETNAM - KOREA UNIVERSITY OF TECHNOLOGY, INFORMATION AND COMMUNICATIONS:

Students boldly register for STEM majors

According to Decision No. 29, the scope of industries that benefit from the loan policy is very wide, including most fields in the STEM industry, including Architecture and Construction - meaning that those who wish to study engineering and technology can benefit. This motivates students to boldly choose technology, science and engineering - fields that are in need of high-quality human resources, helping to balance the structure of social human resources.

In particular, the policy also has a progressive point in not requiring collateral if the total outstanding debt is under 500 million VND. This used to be the biggest barrier in students' access to credit, and Decision No. 29 has removed that. I am also quite satisfied with the condition that students must have excellent academic results to be able to borrow capital. This creates real motivation for those who are passionate about highly applicable fields of study, thereby creating a quality STEM human resource for the future.

Ms. Nguyen Thi Tuy Phuong, whose child is studying at the University of Technical Education - Danang University:

Motivation to excel in learning

My child is currently a freshman majoring in Semiconductor Design. The family can overcome difficulties to ensure tuition for the child, but talking about the conditions to invest in learning equipment to meet the child's major is not easy.

After researching, the family decided to apply for a loan under the policy of Decision No. 29 right from the first school year 2025 - 2026. To borrow money, students must ensure that their academic results are classified as excellent and the loan is disbursed each school year. In my opinion, this creates a strong motivation for students to strive and parents also want this to be their children's commitment to studying with their family, school and society.

I am very happy to be the first customer to receive capital disbursement from the Cam Le Social Policy Bank Transaction Office according to Decision No. 29/2025/QD-TTg of the Prime Minister . I think that students and parents need to carefully study to participate in borrowing capital, because this is a very humane policy, not only supporting students in difficult circumstances but also motivating each student to excel in their studies.

Loan conditions according to Decision No. 29

For first-year students: All 3 years of high school must have academic results assessed as good or higher according to the law; or have an average score of 8 points or higher in grade 12 in Math, Physics, Chemistry, and Biology.
For students from second year onwards: Have average academic results of subjects of good grade or higher, in the year immediately preceding the year of requesting the Social Policy Bank for loan.
Master's and doctoral students are recognized by higher education institutions as master's and doctoral students according to the provisions of law.

Source: https://baodanang.vn/ba-do-cho-nguoi-hoc-nganh-stem-3303425.html