152,000 lose study loans due to poor results

(Bernama) – TEMERLOH: The National Higher Education Fund Corporation has withheld loans to 152,000 students for scoring a Semester Grade Point Average (SGPA) of 2.0 and below.

The corporation’s chairman, Datuk Ismail Mohamed Said, said students with poor results received loans totalling RM632mil.

“But if they are able to get a SGPA above 2.0 in the next examination, the loans will be released,” he told reporters after presenting loans to 100 public and private university students from the Kuala Krau parliamentary constituency in Jengka yesterday.

Of the 132,180 blacklisted students who defaulted on their loan repayments, he said 12,400 had repaid the loans amounting to RM113.9mil. — Bernama