04 July, 2010
CONVERT 50% PTPTN LOAN TO SCHOLARSHIP FOR 2ND CLASS UPPER GRADUATES
I refer to the announcement last year by the government to convert PTPTN loans to scholarships for students who obtained first class degree in local universities.
In today’s reported news via Bernama, the Minister of Higher Education, Dato Seri Mohamed Khaled Nordin said that there are around 2000 students who are entitled towards the conversion of their PTPTN loan to scholarships. The conversion of the PTPTN loans to scholarships would costs the government around RM73 million.
The move by the government to recognize the achievements of the first class graduates in the country’s local universities will promote the development of human capital in the country.
It is also a significant recognition by the Barisan Nasional government towards the struggle of the youth towards excellence in their respective education field.
In this regards, I would like to call upon the government to move a step further by assisting students who obtained 2nd Class Upper in local universities.
The government should consider converting 50% of the PTPTN loans to scholarships for students who achieved 2nd Class Upper in local universities.
I hope that the government would consider this assistance to 2nd Class Upper graduates of local universities in the Budget for year 2011.
This would be a long term investment by the government for the further growth of human capital in our country.