Radium Development teams up with TAR UMT to provide student loans

• This follows the signing of a Memorandum of Understanding between Radium and TAR UMT in January 2023 for a five-year partnership that sees the developer contributing RM500,000 towards the establishment of the loan scheme, managed by the TAR UMT Student Loan Fund Committee.

KUALA LUMPUR (Dec 11): Radium Development Bhd and Tunku Abdul Rahman University of Management and Technology (TAR UMT) recently awarded the TARC-Radium Care Student Loan to two exceptional students.

This follows the signing of a Memorandum of Understanding between Radium and TAR UMT in January 2023 for a five-year partnership that sees the developer contributing RM500,000 towards the establishment of the loan scheme, managed by the TAR UMT Student Loan Fund Committee.

The first two recipients of this loan scheme — Keiscwar Genapathy, a second-year Bachelor of Science in Architecture (Honours) student, and Ariana Gan Yi Wei, a third-year student in the Bachelor of Information Technology (Honours) in Software Systems Development programme — were honoured at a ceremony on Dec 5 at TAR UMT’s Kuala Lumpur main campus.

“By empowering deserving students through this initiative, we are investing in the future, fostering a generation of leaders and contributors who will undoubtedly shape positive change in our communities and beyond. Radium is honoured to play a role in creating meaningful opportunities for these aspiring minds, aligning with our vision of ‘Building Good’, and leaving a lasting impact on the educational landscape,” said Radium Development Bhd group managing director, Datuk Gary Gan Kah Siong.

TAR UMT President Professor Ir. Dr Lee Sze Wei said the collaborative partnership with Radium “enables us to extend valuable opportunities to students from underserved communities, supporting them in attaining a high-quality tertiary education”.

“We look forward to continuing this journey with Radium, collectively shaping a brighter future for our students and contributing to the nation’s educational landscape,” he added.

The TAR UMT Student Loans are interest-free loans meant to assist students who face financial difficulties in completing their programme of studies at the university. The maximum values of the loan for each academic year are RM12,000 for Foundation students; RM10,000 for Degree students, and RM8,000 for Diploma students; with the value for each applicant being determined by the TAR UMT Student Loan Fund Committee.

Applicants must be students currently pursuing full-time foundation, diploma or bachelor’s degree programmes at TAR UMT, who are financially needy and deserving, and Malaysian citizens.

Keiscwar, who interned earlier this year with an architecture firm where he worked on the team that designed Radium’s Desa East Residences project, expressed his gratitude for being named a recipient of the loan.

“This support not only eases my financial burden but fuels my determination to excel academically and give back to my community. Upon graduation, I aspire to obtain my Architectural Registration (Ar) title by completing my part 3 exams, which will then enable me to contribute to my community, and pay forward the generosity shown by the TARC-Radium Care Student Loan, which has been a crucial bridge toward realising my dreams,” he added.

Gan, who has been taking on part-time jobs since completing her SPM to help her cover her living expenses and rental fees, said that balancing work and studies has been a challenge. “The TARC-Radium Care Student Loan is a lifeline, which offers me much-needed financial support, allowing me to reduce my working hours and concentrate on my final year of studies. My ambition is to work in the network field; this loan not only alleviates my financial burden but also empowers me to pursue this vision with full dedication,” she added.

Recipients of the TARC-Radium Care Student Loan may be offered an internship to gain real-life working experience with the Radium Group, subject to prior approval from the relevant head of department.

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