This loan is specifically designed to help  students attain higher education degrees and to reduce the drop out rate. As risk-sharing participants, SF, BII, and IFC, each supports the program with their individual expertise. SF provides its know-how in the education area, BII manages the loan and promotion process of the program, while IFC monitors and provides input to ensure the program’s success.

The student loan program is a joint arrangement between BII, International Finance Corporation (IFC), and SF Foundation. The objective is to provide financial support in the form of non-collateralized loans for tertiary level students in educational institutions across the country.

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As many as 740 prospective new students of Gadjah Mada University (UGM) will be received through the National Selection Log In Universities Affairs (SNMPTN) 2009. SNMPTN announcement will be made simultaneously on Saturday 1 August 2009.

“What is received through SNMPTN about 740 prospective students. Currently, the number of applicants also increased about 3 thousand people,” said Chairman of the Local Committee SNMPTN DIY, Budi Prasetyo on campus UGM, Yogyakarta in Bulaksumur, Friday (31/7/2009).

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As told by the executive secretary SNMPTN 2009 Local Committee Bandung Asep Gana Suganda the detikbandung contacted via his mobilephone Friday (31/7/2009) that the prospective student does not need to wait until morning to know the results SNMPTN 2009
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The third Asiaweek annual survey of Asia’s top universities is a refinement of previous versions and offers separate rankings of multidisciplinary schools and science and technology schools. Seventy-nine multidisciplinary universities are ranked, led by Tohuku University, and thirty-five science and technology schools are listed, topped by the Korea Advanced Institute for Science and Technology. All of the schools are judged by five criteria; academic reputation, student selectivity, faculty resources, research output, and financial resources.

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Students from poor families will likely find it increasingly difficult to enter state-owned universities in the coming years, as the number of seats offered through special entrance schemes, which require higher admission fees, are steadily increasing.

The Bandung Institute of Technology (ITB), for example, will offer 1,140 of its total 2,985 seats (or 38 percent) to students who pass a special entrance test this academic year. As of 2004, just 13-20 percent of seats were made available through this scheme.

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