Home > News > Nation
Wednesday February 6, 2013 MYT 12:00:00 AM
Wednesday April 17, 2013 MYT 12:02:51 PM
by zuhrin azam ahmad
PUTRAJAYA: A special loan scheme for degree students who need additional funding of between RM100,000 and RM150,000 has been introduced.
Skim Prihatin Pendidikan 1Malaysia (SPP1M), a top-up funding scheme, will be made available to Malaysian students of local and overseas universities.
It is also open to those currently receiving the PTPTN loan, on government or private scholarships and self-financed students.
For a start, Maybank and RHB Bank have agreed to offer the facility with an initial allocation of RM1bil.
Prime Minister Datuk Seri Najib Tun Razak said more banks were expected to come in and the scheme would ultimately have RM5bil to offer.
"This is a creative way of helping the rakyat," he said when launching the scheme at his office here Wednesday.
Tags / Keywords:
Nation, News, special student loan scheme, top-up funding, Education
Najib: Embrace and celebrate differences for a better Malaysia
Gritty varsity teen fights off armed intruder
Malaysians among thousands stranded due to Kashmir deluge
‘Keep education standards high’
Najib: Govt to offer rent-to-own schemes for PR1MA housebuyers without bank loans
Report: Cops seek witnesses into death of Malaysian ‘little angel’ at Royal Adelaide Show
A new path for PAS women
PAS muktamar: Party will decline Selangor MB post if offered, says Mat Sabu
Act on Sedition Act
A part of RM26mil hot terror money was sent to Malaysia, The Australian reports
MH17: RM97mil 'reward' for info on culprits who shot down plane
Raed-less Saudi ready for Malaysia clash, assures coach
V.S. Naipaul dropped from popular writers’ festival because of demands
New 'Lord Of The Rings' tour marks its 60th anniversary
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)