No more discounts for PTPTN borrowers

THERE will be no more discounts for National Higher Education Fund Corporation (PTPTN) borrowers who fully settle their loans or through salary deductions.

In the previous budget, the government extended discounts of 20% on the outstanding debt for a full settlement; 10% for repayment of at least 50% on the outstanding debt made in a single payment; and 10% for repayment through salary deductions or scheduled direct debit.