LUMUT: A total of 430,000 borrowers have failed to repay their loans from the National Higher Education Fund Corporation (PTPTN), amounting to an estimated RM6bil. Higher Education Minister Datuk Seri Dr Zambry Abd Kadir said that these borrowers have never made any repayments to PTPTN despite many having established careers. He said that unpaid loans have steadily...
KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) has launched its first-ever loan restructuring campaign, offering a minimum payment of RM300 to encourage borrowers to settle their arrears. In a statement on Saturday (June 22), PTPTN announced that the two-month campaign, running from June 1 to July 31, is open to all borrowers with arrears,...
Amid the Covid-19 crisis and Movement Control Order, our newly appointed Prime Minister, Tan Sri Muhyiddin Yassin has recognised the struggles of our fellow Malaysians. In a press conference, he announced that starting today, the 23rd of March, PTPTN payments are hereby suspended in order to help Malaysians get by during the movement restriction. The deferment...
Almost every one of us applies for a PTPTN loan as a university student. Because of this, we finally get to obtain our diplomas or degrees without having to worry about the tuition fee every single day. And when we’ve finally graduated, it is time for us to be an adult and repay the loan. We...
What’s a loan ? A loan is a sum of money that’s borrowed for certain purposes and is RETURNED. It’s a simple concept. We all know the National Higher Education Fund Corporation, or PTPTN, as a body that provides loans for education purposes and it needs to be paid back with a minimum interest unless...
