Gov't approves finance ministry's credit line to help poor students with online learning

Deputy Prime Minister Le Minh Khai has agreed with the Finance Ministry’s proposal to help needy students with electronic devices to help them learn online during the COVID-19 pandemic.

Gov't approves finance ministry's credit line to help poor students with online learning
A poor student in the Central Highlands Province of Dak Lak gets a laptop as gift from a local police unit. — VNA/VNS Photo 

Under the ministry’s proposal, students from poor and near-poor families as well as those facing difficulties due to the COVID-19 pandemic, including students whose fathers or mothers have died of the disease, will be able to get loans to buy computers under support of the “computers and Internet services for children” programme.

According to the ministry, eligible students are those who have no computer and equipment for online study and have not yet received any support. 

The People’s Committees of communes and wards are responsible to make and verify the lists of beneficiaries before submitting to the Vietnam Bank for Social Policies for approval.

The maximum value of the loans will be VND7 million (US$307) per student, according to the proposal, which estimates that the total capital for the scheme is about VND3.5 trillion ($153.86 million). The duration of the loans is under one year with a zero per cent interest rate.

Initially, resources for the scheme will come from the VND7.5 trillion credit package that is being implemented by the Vietnam Bank for Social Policies, which was designed for employers to borrow to pay salaries for their employees but received few requests.

 

The finance ministry expects the disbursement period to last until the end of March next year.

The Deputy PM has assigned the Ministry of Labour, Invalids and Social Affairs to coordinate with the Finance Ministry, the State Bank of Vietnam and agencies to work on supplementing the policy regarding the credit package and report to Government.

To date, only 25 provinces and cities out of 64 in the country have allowed in-person learning. The two biggest cities – Hanoi and HCM City – still had no fixed dates for reopening of schools and students will continue with virtual studies until further notice.

Source: Vietnam News

Poor students to access the internet thanks to special programme

Poor students to access the internet thanks to special programme

The COVID-19 pandemic has had many impacts socio-economic life, in which education is one of the most affected industries and the sector has implemented online teaching and learning to adapt to the new situation.

Free computers for thousands of needy students in Hanoi

Free computers for thousands of needy students in Hanoi

It is estimated that there are around 10,000 students in Hanoi lacking studying equipment.

 
 

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