Chương 8 Nghị định 75/2006/NĐ-CP: Bảo đảm điều kiện tài chính cho giáo dục

Chapter VIII

ASSURANCE OF FINANCIAL CONDITIONS FOR EDUCATION

Article 41.- State budget expenditure for education

The estimation, allocation and management of the state budget expenditure for education shall comply with the principles defined in Article 102 of the Education Law. The Minister of Education and Training shall coordinate with heads of concerned ministries or branches in setting technical criteria for education which shall serve as a basis for the estimation, allocation and management of the state budget expenditure for education.

Annually, the Ministry of Education and Training and the Ministry of Labor, War Invalids and Social Affairs shall coordinate with the Ministry of Finance and the Ministry of Planning and Investment in estimating, planning the allocation of, and managing the state budget expenditure for education according to the provisions of the state budget law.

Article 42.- Education credit, learning promotion funds and education sponsoring funds

1. Education credit means non-profit activities to help learners from low-income families to borrow money for study and enjoy preferences in terms of interest rates and repayment terms.

Education credit shall be provided by the Social Policy Bank according to the provisions of law on credit for the poor and other policy beneficiaries.

2. Learning promotion funds and education sponsoring funds are those set up by organizations or individuals on the principle of voluntariness and non-profit, aimed to support, encourage, commend and promote learners as well as provide them with financial supports, thus contributing to education development.