PUTRAJAYA 14 April – The Universiti Teknologi Mara Education Fund is optimistic that it will be able to collect RM1bil by the end of this year from the university’s alumni.
Second Education Minister II, Datuk Seri Idris Jusoh said this comes in the wake of overwhelming and encouraging response from the alumni, with RM150, 000 in contribution hcollected since its launch mid-February.
Idris, who is also patron of the fund said, the amount may well exceed the target, given that UiTM has produced more than 530,000 graduates
“This means that if each person contributes an average of RM2, 000, the total collection can exceed RM1 billion.
“RM1 billion is not really a big amount, considering that Harvard University is able to collect a whopping RM100 billion for its education fund,” he said.
He said this during a press conference in conjunction with the presentation of checks ceremony to the UiTM Alumni Association (PAUiTM) Education Fund in Putrajaya on Monday.
Also present at the ceremony were UiTM Board Member, Tan Sri Arshad Ayub, PAUiTM President Datuk Zaini Hassan and Cheras Education Fund (YPC) President, Datuk Seri Syed Ali Alhabshee.
During the ceremony, YPC presented checks for RM50, 000, while Swakaya Sdn Bhd gave RM5, 000 to the educational fund.
According to Idris, The fund will go towards scholarships, welfare aid and research and development (R & D) programmes.
He said the fund will be given to Bumiputera students, who need education aid, and is not only for UiTM students.
“A special committee will be formed to determine how and when the Board of Trustees can use the fund.
“The formation of the committee is still in its initial stages. We want to make it known that the fund is for something good,” he said.
Commenting further, he said those interested can contribute through checks made out to Persatuan Alumni UiTM Malaysia 2008.
Meanwhile, Zaini said, he was thankful that the education fund had received good support.
According to him, although it had only been two months after inception, they have received contributions amounting to more than RM150, 000.
He said the collection will indirectly encourage the association to work harder.
“We are confident that the RM1 billion target can be achieved by year end, although for now it’s still too early,” he said.