QUALIFIED students who need to borrow money from the National Higher Education Loan Fund (NHEF) will be pleased with the lowering of the interest from 4% to 3%.
Though the reduction is only 1%, it will mean a saving of hundreds, if not thousands, for the borrowers when repaying their loans. For example, based on a RM10,000 loan, the 1% reduction will mean a saving of RM100 for the borrowers.
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