THE Ministry of Education (MoE) yesterday announced that 130 applicants have obtained loans under the Education Loan Scheme 2014 for the first session of the academic year 2014/2015.
A briefing was held for the recipients of the loan at the Dewan Utama, MoE yesterday afternoon.
Officers from the Ministry of Finance were also present to conduct the briefing, according to a press release from the MoE.
His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam in a titah during the audience and investiture ceremony in conjunction with His Majesty’s 68th birthday at Istana Nurul Iman approved the introduction of the Education Loan Scheme for students, who do not fulfil the full requirements to get a scholarship but have obtained the academic qualification for entry into top institutions in fields which are needed by the country.
The recipients under the Education Loan Scheme for this first session will further their studies at institutions, which are recognised according to international rankings in the United Kingdom, the United States, Australia and Malaysia.
The Education Loan Scheme is a government initiative to give more opportunities to students to fulfil their ambition to continue their studies at higher education institutes.
Education loans are also offered by finance institutions.