PADANG BESAR, 23 Nov 2018:
A total of 133,049 children aged seven to 12 nationwide received the National Higher Education Fund Corporation (PTPTN) matching grant amounting to RM66.524 million as of Oct 31 this year, said its chairman Wan Saiful Wan Jan.
Under the programme, he said outstanding students from poor families would enjoy an incentive of RM500 (of matching grant) per person to be deposited into their SSPN-i accounts.
The PTPTN provided allocation to the first 500,000 eligible parents who would have to save RM500 in their children SSPN-i accounts and a matching grant of RM500 would then be given and they have till Dec 31 to do so, he said.
“This is a PTPTN initiative to ensure parents to save for their children’s higher education as well as to encourage children to start saving from young.”
– Bernama