PTPTN receives RM90.42mil from Sarawak govt to settle 30 percent of its students' debts

KUCHING: The National Higher Education Fund Corporation (PTPTN) has received a payment of RM90.42mil from the Sarawak government to settle at least 30% of the debts owed by Sarawakian students.

PTPTN chairman, Datuk Norliza Abdul Rahim, said this sum was acquired following the signing of a Memorandum of Understanding (MoU) for the PTPTN Sarawak Student Loan Repayment Incentive between PTPTN and the Sarawak Foundation on March 5, 2021.