RM1.85B IN UNIVERSITY FUNDS COLLECTED
Atotal RM1.85 billion was collected through the endowment funds of 20 local public universities as of June this year. Higher Education Minister Datuk Seri Idris Jusoh said Universiti Malaya recorded the highest collection of RM1.6 billion followed by Universiti Kebangsaan Malaysia, RM71 million. Idris was replying to a question from Datin Mastura Mohd Yazid (BN-Kuala Kangsar) who wanted to know the number of universities that had set up endowment funds for the future rather than continue to be funded by the government.