PTPTN public consultation report to be submitted to ministry

Bank Negara deputy governor Adnan Zaylani Mohamad Zahid said CCRIS contains information on overdue payments and is not a system aimed at blacklisting loan applicants.

THE National Higher Education Fund Corporation (PTPTN)’s month-long public consultation garnered almost 35,000 submissions since it was launched on May 16.

At the close of the public consultation on June 13, a total of 34,469 submissions with feedback and new ideas were received.

The public had four weeks to weigh in on the new student loan repayment mechanism and sustainability measures to ensure PTPTN can continue financing future higher education aspirants.

The public submissions are being compiled along with the recommendations of all stakeholders involved, including the PTPTN Public Consultation Independent Advisory Panel Team.

This will be submitted to the Education Ministry for presentation to the Cabinet before a decision is made.

Thanking those who submitted their suggestions, PTPTN chairman Wan Saiful Wan Jan said public participation is the responsible way to go in policy-making.

“The success of this public consultation proves that the people are ready for the government and policy-makers to practise inclusiveness and engage with them, even on challenging issues,” he said in a press release.

The extensive public consultation process provided in-depth background information to encourage fact-based, constructive feedback.

The fund also reached out to non-borrowers who may not realise that PTPTN policy decisions may have financial implications for them and the nation.

Awareness campaigns and town halls were organised in five states, including Sabah and Sarawak, to reach out to the public.

A digital town hall hosted on Facebook for those who found it inconvenient to attend the live sessions was also held. The session drew 25,008 views.

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