‘Ringgit for ringgit’ education savings plan soon


  • Nation
  • Thursday, 22 Apr 2004

KUALA LUMPUR: A ringgit-for-ringgit education savings scheme with a RM10,000 per child top up maximum is expected to be launched soon for families with an income of RM1,000 and below. 

Under the Education Savings Fund, the Government will match the sum saved by parents over a minimum period of 10 years. 

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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