Ramanan: PTPK financing may be converted from loans to grants

The Minister of Human Resources, Datuk Seri R Ramanan, has proposed converting Skills Development Fund Corporation (PTPK) financing from loans to grants, seeking feedback from other ministries before presenting the proposal to the Cabinet. The Ministry aims to ease the financial burden faced by students pursuing Technical and Vocational Education and Training (TVET) programmes after completing their studies.

PTKPK receives RM100 million in funding, but the condition is that it is provided as loans. The conversion to grants would require Cabinet approval, and Ramanan stated that the proposal has been prepared with necessary improvements and explanations.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.