Eligible borrowers can apply for extension starting today


Helpful move: If approved, Dasuki said applicants would be notified via email within three working days from the date of application.

KUALA LUMPUR: Extension of repayment period applications for National Higher Education Fund Corporation (PTPTN) loans can be made from today until March 31.

PTPTN chief executive officer Ahmad Dasuki Abdul Majid said eligible borrowers could do so via PTPTN’s official portal at www.ptptn.gov.my/PelanjutanBayaranBalikCovid19.

No supporting documents are needed when making the applications.

“Borrowers who are eligible are those who have lost their income because they were retrenched or affected by reduced income.

“The extension for a three-month period will begin the same month approval on the application is given by PTPTN and the following two months, between January and May 2021, ” he said in a statement yesterday.

If approved, he said applicants would be notified via email within three working days from the date of application.

Borrowers are reminded to update their contact details to ensure information on the approval reaches them.

“Meanwhile, borrowers who cannot be traced can continue making repayments through the existing channels provided.

“PTPTN wishes to record its appreciation to all borrowers who make repayments so that PTPTN can continue to help other students in future, ” said Dasuki.

For more information and queries, borrowers can contact PTPTN’s Careline at 03-2193 3000, which is operational from Monday to Friday (9am to 5pm).

They can also visit its official portal www.ptptn.gov.my and go to the “Frequently Asked Questions” section.

On Jan 1, PTPTN announced that the government had agreed to allow eligible PTPTN borrowers an extension of three months to repay their loans.

Prior to this, the government had allowed deferment on repayment of PTPTN loans from March 19 to Dec 31 to all PTPTN borrowers due to the Covid-19 pandemic. — Bernama

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