Not all in favour of deferment of PTPTN loans

  • Nation
  • Wednesday, 25 Mar 2020

PETALING JAYA: Not all National Higher Education Fund Corporation (PTPTN) borrowers are welcoming the government’s move to extend the deferment of loans to six months.

IT consultant Kang Wee Sheong, 30, said that some might take advantage of the situation.

“As it is, many aren’t repaying their loans. The deferment will be helpful for those who don’t have high paying jobs or those whose jobs are affected by the pandemic.

“Otherwise, the PTPTN is still a loan, I don’t see any reason for not continuing to repay it, ” said Kang, who is a PTPTN borrower himself.

On March 18, the government announced a three-month deferment of PTPTN loans due to the Covid-19 pandemic. However, on Monday, Prime Minister Tan Sri Muhyiddin Yassin said the three-month deferment had been extended to six months until Sept 30.

This move will involve collection amounting to RM750mil, benefiting almost 1.5 million PTPTN borrowers.

Agreeing with Kang is another borrower, who only wants to be known as Rani, 26.

While times are tough, she said, it is a loan like any other.

“It’s like your car loan or house loan, you still repay those on a timely basis. So why not PTPTN?

“The deferment will come in handy for those who are affected by the Covid-19 outbreak but PTPTN doesn’t have a flexible repaying scheme, ” said the lawyer.

She urged people not to take advantage of the deferment as there are many students in colleges and universities who need the loan.

Medical officer Mardhiah, 27, said it was a rational move by the government as not all borrowers have stable jobs.

Nonetheless, she urged borrowers to repay their loan “once everything settles down”.

Muhammad Thaqif Abd Latif, 29, said it is the borrower’s responsibility to repay the loan, even if it is in small amounts.

“I won’t be applying for the deferment because I want to finish repaying my debts as soon as possible, ” said Thaqif, who works as a packaging designer.

PTPTN chief operating officer Mastura Mohd Khalid said the deferment is automatically granted to all borrowers.

However, those who wish to continue repaying can do so.

“They don’t have to fill any forms. Only those who pay through salary deduction and direct debit need to apply to continue their repayment if they want to continue doing so through these two channels, ” she said.

Borrowers can do so on PTPTN’s portal at

For details on the deferment, see

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Battling Covid-19 , PTPTN , Study Loans


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