DSF was established in 2003 by DUACT. This initiative had been previously sponsored by a number of concerned former students of Dalat University since 1998. The good intention was to assist the needy but hard-working students of former alumni families in Vietnam.

DSF distributes scholarships to students twice during each year. Each scholarship supports one semester of study.

Higher priority is given to the children of former students, employees and staff, particularly to the ones currently enrolling in senior high school, technical, vocational institute and college levels.

A smaller number of scholarships is awarded to the needy students at the Univerity of Dalat.

During the period of 2003-2006, there were an average of 439 recipients in wich 302 were alumni family members and 137 belonged to the University of Dalat.

Among them 152 were enrolled in various academic program and 287 pursued their training in various technical and vocational institutions.

It is noteworthy to mention the case of one of DUACT scholarship recipients, Mr. Nguyen Ngoc Bao. After his successful schooling in Vietnam he continues to pursue his graduate studies in France and has earned the degree of financial management. He is due to return to serve the country when his on-the-job-training program expires. Nguyen Ngoc Bao and his siblings all received the needed support from DSF.

Mr. Nguyen Van Sem, an alumni, is the proud father of them all.