LAW OF THE REPUBLIC OF MOLDOVA

of July 14, 2000 No. 1142-XIV

About provision of long-term soft credits to some categories of the studying youth

For the purpose of implementation of state policy in the fields of education, protection and strengthenings of intellectual potential of the country, material support of future specialists, it is preferential for the rural zone

The parliament adopts this ordinary law.

Art. 1. - This law establishes criteria and procedure for provision of long-term soft credits, and also procedure for their return.

Art. 2. - (1) Long-term soft credits are granted to the students of the state higher educational institutions including studying at contractual basis.

(2) students aged from 18 up to 40 years, gained in case of receipt in higher educational institution GPA not lower than 8 or finished academic year with the same point, not having the academic debt and not having own sources of the income have the Right to long-term soft credit, and also corresponding to one of the following conditions:

a) have the brothers/sisters studying in educational institutions of the country or abroad;

b) are orphans or have only one legal supporter;

c) their legal supporters or one of them:

- are registered in public service on employment;

- are disabled people of I or II groups;

- reached retirement age;

d) are disabled people;

e) come from the large families (having three and more children);

f) study on the specialties, priority for national economy, established by the Government.

Art. 3. - (1) For realization of the right to soft credits of person of the categories provided in Article 2, shall provide:

a) the declaration on the income and the income of members of the family for previous year vised by authorized body. At the same time the annual earnings on one family member shall not exceed 12 average salaries on national economy;

b) the material and professional guarantees established by the Ministry of Education and Research together with bank through which the loan is granted. Material guarantee is, as a rule, the personal property of the student or property of the physical persons or legal entities providing such guarantees. Professional guarantees are given by higher educational institution.

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