Perak in talks to take measures against loan debtors


  • Community
  • Friday, 28 Aug 2015

Joyous moment: Recipients of the Perak Government Higher Education Study Loan for the 2015/2016 session comparing their mock cheques which they had received.

PERAK government study loan defaulters may find themselves blacklisted in the near future.

Mentri Besar Datuk Seri Dr Zambry Abd Kadir said the state government was considering the move currently adopted by the National Higher Education Fund Corporation (PTPTN) as a means of making defaulters pay up.

“Certain measures have to be taken against loan defaulters, whom we have already identified.

“But until then, they still have the chance to set things right by repaying what they owe.

“We are open to discussion and willing to restructure their loan schemes,” he told reporters after handing out RM3.6mil in education loans to 501 students for the 2015/2016 session on Monday.

Dr Zambry said because of the poor repayment of student loans, the state government might also give out fewer new loans.

“This is so that we can increase the allocation for loans already approved,” he explained.

Earlier in his speech, state Education committee chairman Datuk Muhammad Amin Zakaria said the state government had given out study loans amounting to RM21mil as of Jan 31 last year.

“Unfortunately, up until May 27, the total loan repayment has not even reached RM1mil,” he said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Family & Community , Perak , study loan , blacklist

   

Across the site