PTPTN loan rate increase will benefit 64,301 students

KUALA LUMPUR: The announcement of an increase in the National Higher Education Fund Corporation (PTPTN) loans for the M40 (M1) group on Thursday (Sept 15) is expected to benefit a total of 64,301 students at public institutions of higher learning (IPTA).

Higher Education Minister Datuk Seri Dr Noraini Ahmad (pic) said the increase, which involves financial implications of RM183.5mil for a period of one year, is one of the government's initiatives to ease the burden on students at the institutions of higher learning, especially from the M40 group.