Be responsible and pay back PTPTN loans, borrowers told

  • Nation
  • Monday, 23 Jun 2014

BESUT: Be responsible and pay back your study loans, Education Minister II Datuk Seri Idris Jusoh advised National Higher Education Fund Corporation (PTPTN) borrowers.

He also reminded them to spare some thought for those who would be applying for the loans in the future.

“While the Government allocates close to RM5bil a year to the fund, it will be difficult for PTPTN to provide loans to new borrowers if the existing ones do not pay up.

“If you borrow money, you should know it is your responsibility to pay back.

“Paying back is an obligation,” said Idris at a press conference at the Tembila campus of Universiti Sultan Zainal Abidin here yesterday.

He was responding to a Malay daily report that up to 50,000 freshmen might not get PTPTN loans as the loan scheme had lost more than RM1bil to defaulters.

“If we want to continue giving loans to students, then existing borrowers must pay back their loans.

“There is no other solution to this matter but for the borrowers to pay up,” added Idris, who is also Besut MP.

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