SHAH ALAM, 6 FEB: The State Government has allocated RM70.4 million in these five years specifically for educational assistance for the people of Selangor.
Education, Higher Education and Human Capital Development Exco, Dr Halimah Ali said that as of 31 December last year, a total of RM32.1 million have been allocated for the Higher Education Prize (HPIPT) given to 32,130 Selangor children who successfully managed to pursue the education at a Diploma or Bachelor Degree level.
She said that the programme which started since 1 July 2008 was managed by the Division of Human Resource Management (BOSM) and received 45,164 applications from students and only applications that meet the conditions and are complete, can be considered for the HPIPT grant of RM1,000.
Meanwhile, a total of RM38.3 million was allocated for the State Educational Loan provided to 4,770 students in the past five years.
Dr Halimah said that a total of 758 students were given a reduction and repayments have been written off due to excellent Cumulative Grade Point Average (CGPA) starting from 2004 to 2012.
She said that a total of RM5.05 million in educational loans have been written off in the past eight years.
“For those who have CGPAs of 3.75 to 4.00, the loan will be changed to a scholarship and for those with 3.49 to 3.74 will be given a reduction in their loan of 50 percent and for 3.20 t 2.49, a reduction of 25 percent is given,” she said in a press conference at the Sultan Salahuddin Abdul Aziz Shah Building this evening.