University of Economics – the University of Da Nang (DUE): The first university in the country fully supports its students with loans interest at the Vietnam Bank for Social Policies (VBSP)



Beneficiaries are poor and orphans students of 43K course, DUE (enrollment in 2017) of poor households, orphans who have loans of credit programs for students during the course at DUE...

On September, 18, DUE officially signed a cooperation agreement with VBSP on the interest support for poor and orphan students who are beneficiaries of credit for students of VBSP under Decision No. 157/2007/ QD-TTg by the Prime Minister.

UD is the first university in the country cooperated with VBSP to implement this humanity policy. The agreement illustrated the university's efforts to prevent a student from dropping out of university because of lacking of adequate financial resource for tuition fees and living expenses. The interest supporting on credit loans will help students and their families reduce financial  burden, have peace of mind to study better. This policy and a variety of policies on scholarships, housing, study conditions, employment ... have showed the most attention and the most favorable conditions of DUE for the students


“I believe that this is a good model. If it is developed vigorously, many students from disadvantaged families will be confident to borrow money to cover the cost of studying, realize their dreams, and overcome all difficulties and challenges of life to rise. “- shared Associate Prof. Dr. Nguyen Manh Toan – Rector of DUE.

Assoc.Prof. Nguyen Manh Toan – Rector of DUE delivered speech

Mr. Nguyen Van Ly - Deputy General Director of VBSP strongly supported this policy and said that he will communicate widely to those who need, and expand this model to other areas across the country as well because of its human nature to disadvantaged students