Voters in Lam Dong province proposed that the Ministry of Finance advise the Government to have a policy to allow borrowers to repay capital after students graduate, have a certain period of time to find jobs before starting to repay preferential loans from the Vietnam Bank for Social Policies for students.
Responding to this recommendation, the Ministry of Finance said that in the past time, the Party and the State have issued many preferential credit policies for students through the Vietnam Bank for Social Policies.
Including Decision No. 157/2007/QD-TTg dated September 27, 2007 of the Prime Minister on credit for students, which was amended and supplemented in Decision No. 05/2022/QD-TTg dated March 23, 2022; along with Decision No. 29/2025/QD-TTg dated August 28, 2025 on credit for students, master's students and research students studying in science, technology, engineering and mathematics (STEM).
According to current regulations, during their studies, students are allowed to borrow capital and do not have to repay principal or loan interest.
Borrowers only have to start paying principal and interest for the first time from the date of completion of the 12-month course. The maximum repayment period is equal to the loan disbursement period.
For cases where borrowers encounter difficulties, are unable to repay debt on time and have written requests, the Vietnam Bank for Social Policies will consider extending the debt with a maximum term equal to half of the repayment term.
The Ministry of Finance said that for a student studying a regular university program lasting 4 years, the total actual loan term can be up to 9 years. If the debt is extended, the loan can last for a maximum of 11 years.
According to the Ministry of Finance, current regulations on loan terms and debt repayment for preferential credit programs for students have met the recommendations of voters in Lam Dong province by creating conditions for learners to have a certain period of time to find jobs before starting to fulfill their debt repayment obligations.
The Ministry of Finance said that this regulation is consistent with the characteristics and nature of borrowers, and also shows the State's concern and support for students.
