It’s been a while since I last wrote here, in my so called digital diary. Its not that I don’t want to write. I have a lot of things in mind to be written, but it just happens that I fail to get it written. Even my wordpress blog has been quite silent these days. Before the election, I was too busy to have time to update. Post-election, got some time, but still failing to write. Sorry, if I let some of you readers down. Trying to be a die-hard-blogger!
So, this post topic may sound familiar to some of you. Especially those who studied with me in UTP (Universiti Teknologi PETRONAS). It is more related to the PETRONAS so called scholarship. I don’t understand why some still call it PETRONAS scholarship when the truth is it’s not a scholarship. The correct phrase is PETRONAS convertable LOAN. By that, it means, those who thinks that they are PETRONAS scholar, you should rephrase it to be PETRONAS LOANERS!
While MARA sponsorred student need to pay only 1% if they score 3.0 and above, PETRONAS LOANERS need to pay 10% even if they score 3.5 and above. 1% of MARA loan is only RM800 while 10% of PETRONAS loan is already RM10000++. If you score between 3.0 to 3.5, you need to pay 20% and the list goes on. Well, you only can pay those amount if you are released by PETRONAS, which you virtually would not get.
So, that leaves a PETRONAS LOANER with only two option. Work with PETRONAS for 10 years (as per agreement) or pay back RM100K back. Some in PETRONAS said that you have to pay the RM100K in 14 days, but a source in ESU said you’ll need to pay RM100K++ in 10 years time. Which means, roughly, RM850++ per month, which I presume, crazy!
Than, most people would ask back, how bad could working with PETRONAS be? I don’t know because I never worked in PETRONAS. You get a starting salary of RM2500, a technical allowance of up to RM1000 per month after one year working experiance, up to six month bonus, travel allowance which could be up to thousands RM per trip, ‘fantastic’ meals after meetings etc. Again, how bad could that be?!
And again, I don’t know! I don’t even have a clue of how ‘rich’ I could get.
Than, most will say, just work with PETRONAS lah. You get rich fast what. PETRONAS rich what. And bla bla bla. I’m speechless!
Some don’t really care of what they do as long as they get paid a handsome amount of money per month. Some, which is a minority, works because they love the work. Its called passion. I’m not so sure which category I’m in. I am choosy when it comes to the work I do, and I do want to be paid handsomely. But one thing for sure, I don’t like working with a bond of 10 years.
It makes me quite confuse. While PETRONAS is far richer than MARA, MARA still only ask 1% or 10% back from the total amount they gave. PETRONAS on the hand, ask 10% to 100%. Some officer from PETRONAS claim that they are ‘sponsoring’ student as part of a social obligation. And it further confuse me, is asking back for their money also part of social contribution?
Ok, some will argue, don’t I know how to pay back the good deed? In the early days, loans were converted to scholarship if you graduate with flying colours. Its like a token of appreciation. A gift for the hard work you did. Nowadays, most sponsors are still generous enough to maintain that concept. But not for PETRONAS.
Ok fine, some will say, I signed the agreement in the first place. Yes, stupid me. I did. Money can often make you blind. Most of us were blind in the first place. Getting RM500 per month, RM3500 to buy a computer and RM800 per year to buy books. Isn’t that far better than good? Now even MARA gives RM5000 to buy a computer. Funny…
Well, if some of you don’t know yet, the new agreement for the new PETRONAS loaners have changed. They get RM750 per month now since the price hike have caused most students to suffer. But, the most interesting part is that you get bonded for 15 years! Good what. Working in a big, establish company. Handsomely paid too.
A friend of mine said that this is a human’s right violation. Never heard of such a bond. 15 years. Don’t know where you’ll be when you finish you 15 years term.
Anyway, can’t say much now. Sooner or later I’ll be called by PETRONAS. Can’t afford to pay back RM100K++ in 10 years. Better just enjoy the 10 years in PETRONAS (considering some say PETRONAS pay is good!). Well, you can always run away if you are brave enough. I don’t have the guts yet.
And if you guys still think PETRONAS pay is nice, think again. Try to do some research and you will find the total opposite. But again, try to be LOYAL to PETRONAS. Its not that bad after all. Lol~
P/s – Hope this post is not considerred as BOC = Breach of Contract.
(This post was taken from The Stories Of Musafir Kelana)