TNB Provides RM 120 Million in Scholarships and Loans to 331 Excellent SPM 2020 Students
By BERNAMA / Photo by HUSSEIN SHAHARUDDIN
KUALA LUMPUR, August 14 – Tenaga Nasional Berhad (TNB) through its Yayasan Tenaga Nasional (YTN) has allocated RM120 million in sponsorships and convertible loans to 331 students who manage to continue their studies at higher education institutions this year.
In a statement released today, TNB said about the amount that an allocation of RM 35 million has been set aside to sponsor 120 top-performing Sijil Pelajaran Malaysia SPM 2020 to continue their education in engineering fields, data analysis and science, computer science, accounting and business studies.
TNB also said that full scholarship recipients were chosen from among 8,400 applications submitted for the YTN scholarship which covers living allowances, tuition fees, purchase of personal computers, books and other needs.
TNB President Datuk Seri Mahdzir Khalid said 100 of the YTN recipients will continue their studies at Universiti Tenaga Nasional (UNITEN), while the remaining 20 students will go abroad.
He said the recipients of the YTN scholarships this year were chosen based on their academic qualifications, the quality of their leadership and their active participation in the study program.
“Students will also have the chance to be part of the TNB workforce after completing their studies and we hope that they can become the future leaders of TNB,” he said in the same statement.
Mahdzir also said that the financial assistance demonstrates TNB’s commitment to help the government’s efforts to produce quality human capital for the country.
At the same time, he said that some 221 students had been selected as recipients of YTN convertible loans totaling RM85 million, to continue their studies at UNITEN and other public universities.
YTN has spent over RM 1.2 billion on student financial aid, including RM 66 million for My Brighter Future Scholarship (MyBF), RM 597 million on scholarships and RM 547 million on convertible student loans since its inception in 1993.