Latest news with #SSPN
Barnama
2 days ago
- General
- Barnama
159 UiTM Sabah Students Receive Financial Aid Under MOHE-PTPTN MADANI Programme
KOTA KINABALU, July 14 (Bernama) -- A total of 159 underprivileged students at Universiti Teknologi MARA (UiTM) Sabah today received a one-off financial assistance of RM500 each to ease their financial burden. Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir said the RM79,500 allocation was disbursed under the MOHE-PTPTN MADANI Education Assistance Programme, a joint initiative by the Higher Education Ministry (MOHE) and the National Higher Education Fund Corporation (PTPTN). 'This initiative is a positive step towards ensuring that all eligible students have access to quality education regardless of their financial background, in line with MOHE and PTPTN's commitment to strengthening higher education in Malaysia. 'The aid reflects MOHE and PTPTN's concern for students in need of financial support to pursue their dreams,' he said at the presentation ceremony held at the university. Zambry said the aid was contributed by various parties through PTPTN and subsequently distributed to deserving students. He also encouraged parents to open National Education Savings Scheme (SSPN) accounts for their children's future education needs. 'Parents can open an account as soon as their child is born and start saving gradually. Over time, the amount will grow and can later be used to fund higher education,' he said. Meanwhile, PTPTN in a statement issued after the event said that since the programme's introduction in 2022, a total of RM981,000 has been disbursed to benefit 1,962 students across 16 public universities. -- BERNAMA
The Sun
2 days ago
- Business
- The Sun
159 UiTM Sabah students receive RM500 aid under MOHE-PTPTN MADANI
KOTA KINABALU: A total of 159 financially disadvantaged students at Universiti Teknologi MARA (UiTM) Sabah received one-off financial assistance of RM500 each today. The aid was disbursed under the MOHE-PTPTN MADANI Education Assistance Programme, a collaboration between the Higher Education Ministry (MOHE) and the National Higher Education Fund Corporation (PTPTN). Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir emphasised the programme's role in supporting students from low-income backgrounds. 'This initiative ensures that eligible students can access quality education regardless of financial constraints, aligning with MOHE and PTPTN's commitment to strengthening higher education in Malaysia,' he said during the presentation ceremony at UiTM Sabah. The RM79,500 allocation was contributed by various parties through PTPTN and distributed to deserving students. Zambry also encouraged parents to open National Education Savings Scheme (SSPN) accounts early for their children's future education needs. 'Starting savings from birth allows gradual accumulation, which can later fund higher education,' he added. Since its launch in 2022, the MOHE-PTPTN MADANI programme has disbursed RM981,000 to 1,962 students across 16 public universities. - Bernama
The Star
18-05-2025
- General
- The Star
Wife of fallen FRU officer says she forgives lorry driver
GOPENG: The wife of the late Kpl Amiruddin Zabri, one of nine Federal Reserve Unit (FRU) personnel who perished in an accident near Teluk Intan earlier this week, does not bear any grudges against the lorry driver involved in the incident. Norazian Mohd Joned, 38, said she does not blame the driver, believing that the incident was fated. "I forgive the lorry driver, as the incident might be 'asbab' (fated). "Maybe it was just the way it was meant to happen. It was merely the cause for his passing," said Norazian, with tears streaming down her cheeks. She said this during the visit by National Higher Education Fund Corporation (PTPTN) chief operating officer Mastura Mohd Khalid as part of their Ziarah Kasih programme held at her home here on Saturday (May 18). During the 8.50am incident on May 13, a gravel-laden lorry had crashed into an FRU truck on Jalan Chikus-Sungai Lampam, which was on its way back to base in Sungai Senam in Ipoh. Kpl Amiruddin was among nine FRU members who were killed in the accident, while nine others were injured. Norazian, who works as an administrative assistant at the Kampar police station, said Kpl Amiruddin had once spoken about the honour of dying in service. "He once spoke about a case involving firemen who drowned while trying to save others. "He said the firemen died honourably and the entire country had prayed for them. Maybe he had a similar wish in his heart," she said, adding that it still felt surreal with her husband being no longer around. "There was also a case recently where a man died in front of a mosque right after Friday prayers and my husband said if God has determined your time, not even a minute will be delayed. "Everything else is just the means. Maybe this lorry was just the means for the nine of them to go, it was already fated," she added. Mastura said that the late Kpl Amiruddin was a Skim Simpanan Pendidikan Nasional (SSPN) Prime depositor, having opened an account on May 7 this year. "He had sufficient savings to qualify for takaful benefits. "The family will receive RM1,000 in takaful protection and RM3,000 in death benefit, and in total RM4,000," she said. "Although no amount of money could replace a lost loved one, we hope this contribution and insurance benefit will help lessen the family's financial burden and support their children's educational future," she added.
The Star
30-04-2025
- Business
- The Star
PTPTN announces 4.05% Simpan SSPN dividend
PETALING JAYA: The National Higher Education Fund Corporation (PTPTN) on Wednesday announced a 4.05% dividend distribution for the National Education Savings Scheme (SSPN) for the 2024 financial year — the highest rate in a decade. Higher Education Minister, Datuk Seri Dr. Zambry Abd Kadir, said the dividend allocation amounts to RM439.87mil, which will benefit 6.77 million depositor accounts. 'The total SSPN dividend payout now reaches RM2.12bil since its introduction in 2004,' he said during a press conference on the SSPN dividend announcement held Wednesday (April 30), reported by Sinar Harian. He also emphasised that this dividend performance reflects the stability and consistent investment performance of SSPN, as well as PTPTN's commitment to providing a profitable education savings instrument for the people.
