Education borne by loans
The trends forward in education funding is to have children funding their own college fees through a education trust fund + loan type of package. The trust fund will help the children to get a head start in the college of their choice and at the same time, take up an education loan such as Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) in Malaysia. One criteria to get hold of PTPTN loan is the child’s parents must have setup a savings account with Skim Simpanan Pendidikan Nasional (SSPN).
Visit PTPTN website, http://www.ptptn.gov.my, to get more information.
