Mendaki has spent a record of nearly S$80 million in 2014, revealed Minister-In-Charge of Muslim Affairs Yaacob Ibrahim who is also chairman of Mendaki’s Board of Directors, revealed in an annual general meeting on Saturday (Jun 13).
The fund was to support the community’s development through education.
The Malay self-help group Mendaki also revealed that its total expenditure also increased by 11 per cent over the previous year.
S$32 million was spent on the Tertiary Tuition Fee Subsidy (TFS) to more than 4,100 needy students.
The number of subsidies handed out continued to rise since its revision in 2012 and in 2014, the numbers jumped by 113 per cent.
S$7.7 million was given out as loans to approximately 3,700 recipients under the Student Loan Scheme and S$39 million was used to finance Mendaki’s various activities and programmes to benefit some 75,000 people from the Malay-Muslim community.
The annual general meeting also saw the election of seven new board directors, who will serve the 2015-2017 term.
“These are the achievements that we are proud of and so for this year, we’d like to build upon those foundations and see what more can we do,” said Dr Yaacob. “One of the areas that we are looking into is how to ensure that all our departments support the educational outcome. Secondly, what are the value-added services that we can add on.”
“We are now looking into mentoring as one of the possible steps that we can do within MTS (Mendaki Tuition Scheme).”
Source: www.channelnewsasia.com
