Keeping an ear out for education incentives

  • Community
  • Saturday, 24 Oct 2015

Penang Sentral College students gathering after class to watch the live telecast of Budget 2016.

A GROUP of college students was glued to the television set as Prime Minister Datuk Seri Najib Tun Razak appeared on TV.

“We’re hoping for good news on education incentives and the GST,” said first-year business studies diploma student Diane Teoh Zhao Ying, 20, yesterday.

The students from Penang Sentral College, who remained after classes to organise a campus event, joined the college’s director of studies Dr Karpal Singh in the meeting room to watch the live telecast from Parliament.

Teoh said she made herself pay attention to the Budget since she left Form Five because she realised that it had a direct impact on the cost of education.

“There are always details I don’t understand, but when I realised the budget can make education cheaper through incentives, I have been paying close attention since.”

However, she expressed a little disappointment when she could not hear references to the National Higher Education Fund Corporation (PTPTN).

“The PTPTN is the most important public aid for students like us. It can relieve my parents of the burden of giving me a good education.

“I was hoping to hear good news about that, especially about repayment terms,” she said.

First-year accounting diploma student Rena Ooi, 18, said she was glad to hear about the RM200mil first-home deposit funding scheme.

“My sister is planning to buy her first home. This will be good for her.

“My parents have been talking about the budget at home for days and we’ve all been watching the TV for budget forecasts,” she said.

ACCA second-year student Lim Su Hui, 20, confessed that she had never followed the budget before.

“I didn’t even know today was Budget Day but I am glad I am watching the news with my friends.

“I am worried about GST and plan to look at the detailed information later.”

First-year accounting diploma student Danielle Chew, 18, said he hoped the budget would boost the ringgit value.

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