October 29, 2008

RM4.8bil in loans for Chinese students

CHINESE students received RM4.8bil in loans from the National Higher Education Fund Corporation (PTPTN) since its establishment in 1997, China Press reported.
Deputy Higher Education Minister Dr Hou Kok Chung was quoted as saying that the sum was part of the RM23bil in loans disbursed by the corporation.
He said the Government was aware of its responsibility in the development of education.
"The vitality of a society largely depends on the community. In this aspect, the Chinese associations have played their role effectively in the future development of the country and its economy.
"They always set up an education fund to assist the less fortunate students," he said.
Dr Hou said students who had benefited from the fund should contribute to the society once they graduated.

No comments: