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
Liow: System improves competitiveness
MCA: Multi-stream education system not a cause for disunity or disharmony
Master language to stay competitive, says deputy minister
Raya joy and ties that bind
Chong to push for more teachers in Chinese schools
Asean reps get invite to open house
‘It is time to move forward’
Lights, sound... CHEER
Cops question three over leaked documents
Wait for probe results, says Khairy
How to manage your project cashflow
McIlroy plans Saturday practice at Whistling Straits
Food tech startups raking in cash: survey
Cricket moving in the right direction
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)