Monday April 26, 2010
Equal treatment over student loans, says ministry
THE Education Ministry gives equal treatment to all Malaysian students who apply for National Higher Education Fund Corporation (PTPTN) loans, China Press reported yesterday.
Quoting Deputy Higher Education Minister Dr Hou Kok Chung, the daily said there was no quota for PTPTN loans.
Dr Hou said students from Chinese independent schools would have to pass the Bahasa Malaysia subject in the Unified Examination Certificate examination.
The daily said of the RM32bil in loans that PTPTN had approved since 1997, RM6.7bil were given to Chinese students.
Dr Hou said loan repayment amounted to only half the sum given out.
He added that should the repayment rate remain, PTPTN’s deficit would reach RM46bil by 2020.
He urged students to repay their loans promptly.
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