Tay Ninh simultaneously implements preferential credit for students in STEM majors

In Tay Ninh, the Social Policy Bank system and savings and loan groups have simultaneously deployed and disseminated information on credit policies for students, master's students, and postgraduates studying science, technology, engineering, and mathematics (STEM). Loan applicants are selected based on academic performance: first-year students must have good or excellent academic performance in 3 years of high school; students from the second year onwards must have achieved excellent results in the previous school year.

Students of Long An College (Tay Ninh province) in an engineering class.

Ms. Nguyen Thi Thu Huong, Loan Group of Quarter 2, Long An Ward said: "We have clearly informed about the loan amount, interest rate and eligible borrowers. Currently, the group does not have any records because the conditions for students to achieve excellent grades in these majors are not easy, but we believe that the policy will contribute to encouraging the learning spirit of students."

Up to now, Thu Thua Transaction Office ( Tay Ninh Province Social Policy Bank Branch) has disbursed 90 million VND to one case; at the same time, 5 other cases have completed their documents with a total capital of 400 million VND, expected to be disbursed in September.

Ms. Nguyen Thi Anh Hong, Deputy Director of the Tay Ninh Province Social Policy Bank Branch, emphasized: “This special loan policy was born at the right time, meeting the expectations of many families with children studying STEM majors, helping to cover all tuition fees and part of living expenses so that the children can study with peace of mind. The procedure is very simple, only requiring confirmation from the school, a meeting of the evaluation team and confirmation from the locality. Within 3 days of receiving the application, the Social Policy Bank will announce the results and proceed with the disbursement."

Teachers and students of Long An College (Tay Ninh province) in a technical class.

In the immediate future, Tay Ninh plans to add 30 billion VND to implement the program, supporting graduate students and students with difficult circumstances to study with peace of mind. This policy not only helps them cover tuition and living expenses but also contributes significantly to the development of high-quality human resources in the fields of science , technology and innovation.

The Prime Minister has just issued a Decision on credit policy for students, master's students, and postgraduates studying in science, technology, engineering, and mathematics (STEM). Immediately after that, Tay Ninh province simultaneously implemented the policy to promptly reach students in difficult circumstances, adding motivation to their journey to conquer their study dreams.

According to the Decision, the loan subjects are students, master's students and postgraduates in the fields of life sciences, natural sciences, computers and information technology, financial technology, engineering technology, architecture - construction, production - processing, mathematics - statistics and some other key technology fields. The purpose of the loan is to support the payment of tuition fees, living expenses and other study expenses during the entire study period.

Savings groups applying for loans submit their applications to the Tay Ninh Province Social Policy Bank.

The loan amount includes the entire tuition fee for each academic year and living expenses, other study expenses up to 5 million VND/month; preferential interest rate of 4.8%/year. The loan is made through the Social Policy Bank, mainly through households. In case the household does not meet the conditions, the student can directly take out the loan.

Source: https://baotintuc.vn/giao-duc/tay-ninh-dong-loat-trien-khai-tin-dung-uu-dai-cho-sinh-vien-cac-nganh-stem-20250919170845407.htm