After years of uncertainty due to a global pandemic, the year 2022 saw a semblance of a return to the old normal. Restrictions and social distancing were lifted, enabling to economic and social activities.
The rising recession risk in several major economies, especially the United States, has clouded the global macroeconomic outlook for the year 2023. Stepping into 2023, for Malaysia, a small and trade-reliant country, it would be an uphill battle to maintain its growth momentum and consumer sentiment, amid the impact of the crisis.
The year 2023 is set to be another eventful year for MIED and its subsidiaries to work tirelessly in providing more scholarships and study loans for deserving applicants who want to pursue their tertiary education mainly for the Malaysian Indian Community.
At the beginning of the year 2023, the MIED Cheque Presentation Ceremony was held successfully on 17th of February 2023 at Galaxy Banquet Hall, HGH Conversation Centre, Jalan Sentul, Kuala Lumpur. MIED was greatly privileged to disburse study l
oans and scholarships in total amounting to RM 17,254,186.00 to 518 students to pursue their tertiary education both locally as well as abroad.
From the total amount of RM 17,254,186.00, the study loan amount will be RM 2,045,305.00 disbursed to 128 applicants and the remaining balance of RM 15,208,881.00 will be the amount of a scholarship given to 394 applicants.
The disbursement of study loans and scholarships according to a number of recipients are as follows:
This ceremony was fascinated under the auspices of YBhg Tan Sri Dato’ Sri SA Vigneswaran, Chairman of MIED & AIMST, who presented cheques to eligible and deserving students. Parents, Students, Member of the MIED Board of Trustees, MIC Central Working Committee members, Management, and staff of MIED was also present on the occasion.
For the year 2023, MIED proudly introduces several categories of scholarship especially for deserving AIMST University students as follows:
- Merit Scholarship – For MBBS and Foundation studies;
- Care Scholarship – For MBBS, Dentistry, Pharmacy, Foundation, and other courses
- Chairman Scholarship – For Pharmacy courses