AN INTERNATIONAL STUDENT IS PROVIDED SUBSISTENCE ALLOWANCE OF UP TO 4.8 MILLION/MONTH
This is new content prescribed by the Minister of Finance in the Circular No. 55/2020/TT-BTC dated June 12, 2020 on guiding the management of the training expenses for international students under agreements on studying in Vietnam.
Accordingly, the content of training expenses for international students includes regular expenses for teaching and learning, one-time expenses for the whole course (includes financial support for equipment used for teaching, sightseeing expenses, expenses for admission procedures…) and the others as health insurance for international students during their actual study in Vietnam, expenses for general medical examination at the beginning of the course….
Specifically, spending norm of teaching Vietnamese to international student to attend graduate, postgraduate admission exams is VND 2.576 million/student/month; the one of training courses to improve professional knowledge with training period of less than 12 months is VND 5.485 million/student/month.
Besides, the Ministry of Finance promulgates spending norms of initial equipment: VND 4.480 million/student/month for graduate international students, postgraduate international students and international students who study Vietnamese to attend graduate or postgraduate admission exam; VND 3.580 million/student/month for international students of training courses to improve professional knowledge for less than 12 months and an extra VND 55,000/person/month of military equipment support for international students of national defense, security.
This Circular takes effect on July 30, 2020.
