National Higher Education Fund Board Act, 1997 (Act 566)
An Act for the establishment of the National Higher Education Fund and the
formation of of the National Higher Education Fund Board. Among the functions of
National Higher Education Board are:
- to establish and provide educational loans and financial assistance apart from educational loans to students, and to establish administration, supervision and collection of loan repayment services;
- to collect deposits and design and provide saving schemes for the purpose of savings for higher education; and to carry out any other functions given to corporations by any written laws.