PTPTN loan rate increase will benefit 64,301 students


  • Nation
  • Thursday, 15 Sep 2022

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.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Malaysia committed to expanding strategic ties with Russia, with focus on renewable energy
GOF seizes over RM8mil worth of fireworks in Penang
Malaysia calls for overhaul of multilateralism amid global disruptions
Body of fisherman missing in boat fire found with extensive burns
MACC tables proposal for nationwide anti-corruption campaign
Warisan candidates who betray party will face RM10mil penalty, warns Shafie
Put tax changes on hold, engage stakeholders to ensure clarity, urges former Sabah CM
Three Malaysians arrested in Singapore for evading over RM2.69mil in cigarette duty and tax
Marine cops seize smuggled cigarettes, liquor worth RM5mil in Sibu
MetMalaysia warns of bad weather in most parts of country until 10pm (June 17)

Others Also Read