Thursday 2 August 2012

Article 3

Govt bears 90pc of study cost in IPTA
PETALING JAYA -- About 90 per cent of the study cost in public institutions of higher learning (IPTA) is actually borne by the government, with the National Higher Education Fund Corporation (PTPTN) loan can be regarded as merely to cover the students' living expenses. Higher Education Minister Datuk Seri Mohd Khaled Nordin said the PTPTN loan would be used to cover only about 10 per cent of the whole study cost in IPTA.
"Unlike in other countries, the (Malaysian) government gives loan to graduates to cover their cost of living expenses," he told reporters after launching the Industry Centre of Excellence (ICoE) for wholesale and retail here today.
He said this in response to the abolishment of the one per cent ujrah PTPTN loan by Parti Keadilan Rakyat (PKR) director of strategy, Mohd Rafizi Ramli, during a debate with Umno Youth leader Khairy Jamaluddin on "Abolishment of PTPTN & Direction of Higher Education" which was broadcast live by Astro Awani and Bernama Radio24 last Tuesday.
"One per cent is only a small amount for the graduates to pay for the cost of managing the loan," said Mohd Khaled, adding that he did not see the need to abolish the ujrah. -- Bernama

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