MCA to offer interest-free loans from RM30mil education fund

KUALA LUMPUR: MCA will set up a RM30mil education fund offering students, especially those from poor families, interest-free loans to study undergraduate and post-graduate courses locally and overseas.

The loans worth RM30,000 each every year would be given to 300 undergraduates pursuing their higher education locally, while students going overseas could apply for loans worth RM50,000.