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Education Credit Introduced into Tibet University
[WTN-L World Tibet Network News. Published by The Canada Tibet Committee. Issue ID: 01/04/15; April 15, 2001.]
People's Daily, (Official News Agency of People's Republic of China)
April 15, 2001.
College tuition loans for poor students were granted for the first time Friday to students of Tibet University.
The credit was issued by the Tibetan Branch of the China Construction Bank, totaling 7.4 million yuan (892,000 US dollars).
A total of 813 poverty-stricken students have been given first-year loans, accounting for 2.4 million yuan of the total tuition funding.
It is the first time that financial institutes have offered loans to Tibetan university students, sources said.