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Published by Afterschool.my on Nov 04, 2014, 04:00 pm
Faced with financial constraints, the National Higher Education Fund Corporation (PTPTN) will be reducing allocations next year.
For years, most Malaysian students rely on study loans to get themselves a better education. As the cost of tertiary education continues to soar, study loans that have easy instalments, such as PTPTN are always welcome. Students who finish with first class honours are rewarded by converting the loanable amount to scholarship money, while the rest are expected to pay in instalments with a 1.00% interest per annum.
PTPTN has had problems with its debt collection system over the years, and has enforced incentive programmes to encourage repayment. Still, these efforts were not enough and they have finally decided to reduce the amount of funding for students in higher learning institutions (HEIs). The move will allow 50,000 more students to get financing, and will affect those in the November and December intake.
According toPTPTN, there are 552, 638 people, involving RM4.21 billion, who have never made payment for their loans. As of August 31, the government agency has collected RM5.37 billion or 45.62 per cent. More awareness campaigns will be launched to encourage defaulters to settle their debt.
Andrew Lim, Ketua Portfolio ACCA Maritim Asia Tenggara, menyampaikan Anugerah Platinum ACCA kepada Josephine Tan, Pengarah Kampus Taylor’s College.Taylor’s College telah diiktiraf sebagai ACCA Platinum Approved Learning Partner, yang merupakan pengiktirafan tertinggi oleh Association of ..
Andrew Lim, Portfolio Head, ACCA Maritime Southeast Asia, presenting the ACCA Platinum Award to Taylor’s College, represented by Josephine Tan, Campus Director, Taylor’s College.Taylor’s College has recently reached a significant milestone, achieving the prestigious ACCA Platinum A..
If you’re looking for an education that fits your busy schedule, Open University Malaysia (OUM) is a top choice for working adults and lifelong learners who need flexibility and accessibility without having to compromise quality.With OUM’s innovative online learning approach, students ca..
It’s not just about which school you go to — it’s about what you do with the opportunities given to you. Your effort, attitude, and determination are what truly shape your journey. With the right mindset, any school can become the foundation for incredible growth.But what if the school itself ..
Multimedia University (MMU) as reached another remarkable milestone by being named one of the Top 5 Universities in the Private Higher Education category at the 7th Graduates rsquo; Choice Award (GCA) 2024. The award was presented to Pn. Hayati binti Othman, Senior Director of Human Capital Manageme..
The road to discovering one’s true calling is often winding and littered with uncertainties. For Vicki Lai, the journey of unveiling fulfilment was about rediscovering a childhood fascination, blending her love for creativity and being brave enough to turn it into a meaningful career.As a coun..
The SPM season is here, and while it marks the end of one academic chapter, it also opens the door to planning your future career. The question now is: where will your journey take you? With industries transforming rapidly due to artificial intelligence (AI), sustainability, and advanced technologie..
For many Malaysian students, the allure of studying abroad extends beyond academic experience. The idea of securing a well-paying job and launching a successful career often plays a significant role in the decision-making process. Among the top choices for studying abroad, Australia and the United K..
How MMU Alumna Syahirah Farok Made the Leap from Teaching to Corporate SuccessThe Faculty of Engineering and Technology (FET) hosted a one-day experiential event titled “INTRODUCTION TO MMU MELAKA ENGINEERING DIPLOMA PROGRAMMES” (PENGENALAN PROGRAM DIPLOMA KEJURUTERAAN DI MMU MELAKA) for..
If you're a teacher considering jumping into a corporate role, it’s more than possible — and many have done it successfully. One such person is Syahirah Farok, who made the transition after a rewarding career in education. Born in Selangor, Syahirah completed her undergraduate s..
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