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
Interest rate for special home loan stays as it is
GE13: Loan scheme for Indians to own taxis
Khaled: SPP1M scheme good for those in private institutions
Government introduces new funding under SPP1M scheme for tertiary level students
Subramaniam: New loan scheme for SPM-leavers
Tenom MP: ‘I would have followed Anifah out’
Umno AGM: More religious education to counter extremism and liberalism
Early birds get the free tickets
No lessons learned from recurring govt wastages, says Auditor-General
Hishamuddin Rais sends Najib legal letter over 'sedition' video shown at Umno assembly
Ladies, time to stand up and fight for your man
Om...Deepak Chopra releases immersive meditation app
Beyond Turkish delights
Vela hat-trick earns Moyes his first win with Sociedad
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)