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Thursday, 2 April 2009

MIED refute ex-MIC man's claims that it cannot give study loans

By : B. Suresh Ram
NST, April 01 2009

KUALA LUMPUR, Wed:

The Maju Institute of Educational Development today refuted claims by former MIC Youth chief S. A. Vigneswaran that it can only provide scholarship and not study loans.

The MIC's educational wing's board member Datuk S. Veerasingam said that Vigneswaran was aware that the MIED’s webpage states that it has assisted needy students by providing study loans for their courses.


It further states that today it is the leading provider of study loans to members of the Malaysian Indian community seeking assistance for further education.

"This financial assistance by way of loans, is in line with the aims of MIED, which among others is to receive and administer funds for education," said Veerasingam, who is also a MIC vice-president.

He said the confusion between scholarships and study loans was caused by Vignesneswaran misreading the relevant clause which states that MIED could foster, develop and improve education of all kinds and in such manner as may be decided by it including scholarships.

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