55,000 Indians benefited from PTPTN

January 26th, 2008 by poobalan | View blog reactions Leave a reply »
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Ong: 55,000 Indians benefited from PTPTN

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MORE than 50,000 Indian students have benefited from the National Higher Education Fund Corporation (PTPTN), Malaysia Nanban reported.

Deputy Minister of Higher Education Ministry Datuk Ong Tee Kiat said 55,055 Indian students have borrowed from the fund.

He said that the amount given to the Indian students represented 6.4% of total loans given.

He added that the Hope Foundation was established last January to help students who had failed to gain places in government universities by getting them places in, and funds for, private universities.

Ong said the foundation had made arrangements with 11 private universities to provide places for such students. The students were allowed to choose the university and degree.

He said that last year about 280 students managed to get places through the foundation, of which 17 were Indian students.

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