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Old Fri 16-Feb-07, 07:52 PM   #1 (permalink)
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New Ruling On Education Savings Scheme No Burden To Parents

KUALA LUMPUR, Feb 16 (Bernama) -- Higher Education Minister Datuk Mustapa Mohamed today clarified that the new ruling on the National Education Savings Scheme (SSPN) was to get parents to save for their children's education and not to burden them.

Under the new ruling, parents with a monthly income of RM2,000 and above are required to have a minimum savings of RM3,000 in the SSPN and those earning less than RM2,000 can have RM500.

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