KANGAR: Majlis Amanah Rakyat (Mara) will study the need to increase the scholarship rate for students under its sponsorship to help them face the economic challenges and rising cost of living.
Mara chairman Asyraf Wajdi Dusuki said all aspects, including the financial capability of the country, needed to be evaluated before any decision on the new scholarship rate is implemented.
“The deputy prime minister (Ahmad Zahid Hamidi) in his recent visit to the UK and Germany, had instructed me and Mara to evaluate the matter seriously.
“It should be carefully evaluated with the financial impact as the allocation (for the scholarship) comes from the national fund as well,” he told reporters after an event here today.
He was asked whether Mara would increase the scholarship rate for students in line with the economic challenges and cost of living faced by the people at the moment.
Asyraf Wajdi said the deputy prime minister had expressed his concern on the issue and the government is trying to find an effective solution.