PTPTN loans to cover students from families with RM4,000 income

KUALA LUMPUR: Institutions of higher learning (IPT) students from families with net income of less than RM4,000 a month will be entitled to full loan to cover fees and subsistence from the National Higher Education Fund Corporation (PTPTN) from July.

Higher Education Minister Datuk Seri Mohamed Khaled Nordin said previously, only students from families with net income of less than RM3,000 were eligible for full loan.

“Before this, students from families with net income between RM3,000 and RM5,000 were entitled to loan covering fees and partial living expanses while those with net income of RM5,000 and above were eligible to loan to pay up only their fees.

“The move will enable more IPT students to be eligible for full loans based on the criteria set such as taking accredited courses,” he told reporters after opening the IPT Entrepreneurship Development Direction Seminar here on Thursday.

Read more @ http://thestar.com.my/news/story.asp?file=/2010/6/24/nation/20100624191721&sec=nation

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