{"id":6663,"date":"2010-07-02T23:38:09","date_gmt":"2010-07-02T15:38:09","guid":{"rendered":"http:\/\/poobalan.com\/blog\/?p=6663"},"modified":"2010-07-02T23:38:09","modified_gmt":"2010-07-02T15:38:09","slug":"mied-loan-given-out","status":"publish","type":"post","link":"https:\/\/poobalan.com\/blog\/indian\/2010\/07\/02\/mied-loan-given-out\/","title":{"rendered":"MIED loan given out"},"content":{"rendered":"<p>Surprising <a href=\"http:\/\/mmail.com.my\/content\/41676-mied-gave-out-almost-rm100-million-study-loans-samy-vellu\" target=\"_blank\"><strong>news<\/strong><\/a> indeed since there wasn&#8217;t any news of the loan application being open in recent times. Maybe I missed it.<\/p>\n<p>Anyway, RM96 million has been given out since 1984, which is 26 years period. That&#8217;s about RM3.69 million per year. Its also an average of RM10105 per student. For the current session, RM1.5 million for 189 students averages about Rm7936 per student.<\/p>\n<blockquote>\n<p style=\"text-align: justify;\">The Maju Institute of Educational Development (MIED) has disbursed study loans and grants worth RM96 million to 9,500 students since 1984, its chairman Datuk Seri S. Samy Vellu said today.<\/p>\n<p style=\"text-align: justify;\">Samy Vellu, who is also the MIC president said MIED would continue to assist needy students in pursuing their education at tertiary level.<\/p>\n<p style=\"text-align: justify;\">&#8220;At the same time, I also urge recipients who are currently employed to repay their loans so that we can help other students,&#8221; he said before handing out MIED study loans worth RM1.5 million to 189 students at the MIC headquarters here.<\/p>\n<p style=\"text-align: justify;\">He said to-date, the MIED had managed to collect more than RM38 million from previous MIED recipients.<\/p>\n<p style=\"text-align: justify;\">&#8220;We managed to recover this amount following several reminders and legal notices to some loan recipients,&#8221; he said.<\/p>\n<p style=\"text-align: justify;\">He also said the MIC owned-Tafe College in Seremban managed to create more than 40,000 professionals to-date.<\/p>\n<p style=\"text-align: justify;\">&#8220;The MIC will continue to place priority on education amongst the Indians,&#8221; he said, adding that he was happy that the target set by the party to create a graduate in each Indian family has gained momentum.<\/p>\n<p style=\"text-align: justify;\">&#8220;In fact, there are more than one graduate in a family and many of them are professionals. The MIED itself has helped thousands of students to become doctors and lawyers,&#8221; he added.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Surprising news indeed since there wasn&#8217;t any news of the loan application being open in recent times. Maybe I missed it. Anyway, RM96 million has been given out since 1984, which is 26 years period. That&#8217;s about RM3.69 million per year. Its also an average of RM10105 per student. For the current session, RM1.5 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[19,84,24,86,225],"class_list":["post-6663","post","type-post","status-publish","format-standard","hentry","category-indian","tag-education","tag-funds","tag-mic","tag-mied","tag-politicians"],"_links":{"self":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/6663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/comments?post=6663"}],"version-history":[{"count":1,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/6663\/revisions"}],"predecessor-version":[{"id":6667,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/posts\/6663\/revisions\/6667"}],"wp:attachment":[{"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/media?parent=6663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/categories?post=6663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poobalan.com\/blog\/wp-json\/wp\/v2\/tags?post=6663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}