Confusion over Educational Loan Scheme

I would like to thank the Government of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam for providing incentives to First and Second Class (Hons) Degree students in the form of principal loan reduction (education loan).

From my understanding, for First Class (Hons), 100 per cent of the loan is borne by the government and zero for the borrower. (The loan is converted into a Government Scholarship if accepted by the borrower)

For Second Upper Class (Hons), 60 per cent is borne the government while 40 per cent is borne by the borrower.

For Second Lower Class (Hons), 20 per cent is borne by the government and 80 per cent by the borrower.

Meanwhile, Third Class (Hons and Lower) would receive no incentive.

I am thankful that my daughter is one of those receiving the incentives as a Second Upper Class (Hons) student.

On top of that, as a government servant, I am also entitled for the children’s education allowance of about BND800 per month which will help in the repayment of the education loan.

I recently found out that based on a calculation made from a colleague, whose child graduated last year using the same scheme, that I would only be entitled to 40 per cent of the education allowance as it is calculated as part of the loan.

As far I know, the education allowance is not part of the education loan but a government servant benefit.

Can the authorities clarify?

Curious parents