SSPN account needed for loan


  • Nation
  • Monday, 14 Jan 2008

KUALA LUMPUR: All parents must now open a National Education Savings Scheme (SSPN) account in order to qualify for a government study loan.

Under a new ruling that comes into force this year, parents with a monthly household income of less than RM2,000 must have deposited at least RM500 in their account to qualify for a loan under the National Higher Education Fund Corporation (PTPTN).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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