Tuesday, June 27, 2006

PTPTN Asked To Increase Quantum Of Loan To Students

The National Islamic Students Association has asked the National Higher Education Fund Corporation (PTPTN) to increase the quantum of loan disbursed to students to offset the increase in the cost of living.

The association also asked the board to increase the scope of assistance to the second, third and final year students.

It said in a statement Monday that like the first-year students, the senior students also faced financial difficulty in paying the registration and other fees for the new semester.

The association advised the students to spend wisely in view of the high cost of living, it said.

It commended PTPTN for speeding up the disbursement of loans to 34,932 tertiary students who would register for the first semester beginning July 2.

It said the association hoped that the students could begin classes without any hitch caused by financial woes.

Higher Education Minister Datuk Mustapa Mohamed said yesterday that 34,932 students were entitled to receive an advance of RM1,500 from PTPTN by mail from Thursday.


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