TNB offers 2,500 scholarships to B40 students

by S BIRRUNTHA / pic by TMR FILE

TENAGA Nasional Bhd (TNB) is offering 2,500 My Brighter Future (MyBF) bond-free scholarships to the bottom 40% (B40) group this year under the Yayasan Tenaga Nasional (YTN) initiative.

The group said it has spent more than RM1.2 billion on sponsorship of further education and it is currently identifying more candidates for TNB scholarships and variable education loans.

TNB chairman Datuk Seri Mahdzir Khalid (picture) said the total annual sponsorship for each person this year will be RM10,000 for undergraduates, RM9,000 for diploma and RM6,000 for certificate.

He added that the company is committed to continuing sponsorship for students and furthering their education to support the effort of increasing the country’s human capital, in addition to helping students from B40 families get out of poverty.

“We are called to continue sponsorship, especially the MyBF, to students from underprivileged families to further their studies at public higher education institutions (IPTA), especially under the circumstance of the Covid-19 pandemic which is still ongoing.

“MyBF scholarships are given to students without an application and interview process, in fact no refunds.

“Eligible candidates are selected from the IPTA Student Admission Division’s database from UPU Online by matching with the database of families listed in the National Poverty Data Bank system, eKasih,” he said in a statement yesterday.

Mahdzir noted that the MyBF Scholarship is a collaboration between TNB and the Ministry of Higher Education Malaysia to coordinate and identify eligible candidates from low-income families by assisting students at seven public universities, polytechnics and community colleges.

Among them are Universiti Teknologi Mara, Universiti Malaysia Sarawak, Universiti Malaysia Sabah, Universiti Teknikal Malaysia Melaka, Universiti Malaysia Pahang, Universiti Malaysia Perlis and Universiti Tun Hussein Onn.

Since its introduction in 2018, more than 5,000 students have received MyBF benefits until 2020 through YTN with TNB allocated RM66 million.

YTN, which was established in 1993, has already spent more than RM1.2 billion MyBF scholarship allocation (RM66 million), scholarships (RM597 million) and education loans convertible (RM547 million) to over 18,500 students.

“Scholarships and variable education loans are reserved for students who excel in the fields of engineering, accounting and business studies.

“Currently, YTN is also identifying qualified student candidates for both forms of sponsorship,” Mahdzir added.

Apart from YTN, he said TNB also helps students in higher education continuing the Uniten Chancellor’s Foundation (YCU), specifically for students at the Universiti Tenaga Nasional (Uniten).

This year, YCU had contributed a total of more than RM772,000 for various financing programmes involving virtual learning, post Covid-19 research and foster school programme.