Published: Tuesday March 19, 2013 MYT 3:26:00 PM
Updated: Tuesday March 19, 2013 MYT 5:43:27 PM
Another fund to ease burden on poor students in higher education
By KANG SOON CHEN
SHAH ALAM: Students from lower income families may now be eligible for the 1Malaysia Underprivileged Student Assistance Fund when applying for the National Higher Education Fund Corporation loan (PTPTN).
Higher Education Minister Datuk Seri Mohammed Khaled Nordin (pic) said students only have to apply for a partial loan and the remaining of the fees would be covered by the PTPTN.
"The fund is set up through the sharing of financial resources between the government and the corporate sector to reduce the burden of underprivileged students in funding their higher education," Khaled told reporters after launching the scheme on Tuesday.
However the criteria for the students was not finalise yet pending the Government raising RM20mil for the fund