1MDB offers 500 scholarships

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Priority would be given to 8A+ achievers who failed to get a Public Service Department scholarship, he told reporters after chairing a 1MDB scholarship meeting of Barisan Nasional representatives at Parliament House.KUALA LUMPUR: 1Malaysia Development Berhad is to offer 500 scholarships to 8A+ scorers in the SPM examination this year to study in public and private academic institutions in the country.

Minister in the Prime Minister's Department Datuk Seri Mohamed Nazri Aziz said that 300 of the scholarships would be for Bumiputras.

Priority would be given to 8A+ achievers who failed to get a Public Service Department scholarship, he told reporters after chairing a 1MDB scholarship meeting of Barisan Nasional representatives at Parliament House. 


However, he said, conditions would be relaxed for Bumiputra applicants from Sabah and Sarawak, with consideration given to 6A+ and 5A+ scorers, taking into account the income of their parents and their schooling area.

"For them alone have we agreed to relax academic conditions. Bumiputras in the peninsula have to comply with pre-conditions, on academic achievements and parents' income," Mohamed Nazri said.

Mohamed Nazri said that scholarship holders at public academic institutions would receive RM7,500 a year for critical and non-critical courses.

Those at private academic institutions would receive RM15,000 a year for critical courses, and RM7,500 a year for non-critical courses, he said.

Mohamed Nazri also said the government was taking action against 145 PSD scholarship holders who failed to return to Malaysia to serve from 2000 until May 31 this year.

Action had been taken against 195 other cases, he said.

He said that 195 cases had been settled -- the scholarship holders had returned home to serve or had started to pay back or had paid in full what they owed.

Mohamed Nazri said that most of the scholarship holders who defaulted were medical and engineering students pursuing courses in the United Kingdom, Ireland and the United States.

Of the 145 defaulting scholars now, 97 are in medicine and 26 in engineering, he said.

"It looks like we have to review the PSD financing policy to take into consideration this kind of thing," he said. -- BERNAMA


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