Over two million PTPTN borrowers are repaying their loans as of Dec 31, 2024, says Higher Education Ministry


KUALA LUMPUR: A total of 2,448,105 National Higher Education Fund Corporation (PTPTN) borrowers have made repayments since Dec 31, 2024, with 1,044,595 settling their loans completely, says the Higher Education Ministry.

In addition, 383,637 borrowers failed to begin repaying their loans, which have a combined total of RM5.25bil, in the same period, the ministry said in a written answer posted on the Parliament’s official website.

"A total of 585,638 borrowers are repaying consistently and 817,872 borrowers are making inconsistent repayments involving arrears of RM5.80bil,” it said.

The ministry issued the written answer in reply to Nordin Ahmad Ismail’s (PN-Lumut) question regarding the total number of PTPTN borrowers who are currently repaying according to repayment schedules, those who are paying not according to repayment schedule and those who failed to repay, as well as the total value of arrears for each category. - Bernama

 

 

 

 

 

 

 

 

 

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Environmental group urges Pahang to abandon Cameron Highlands railway proposal
KTMB restores Sungkai-Slim River ETS service following tree fall
Environment Department uncovered open burning by engineering company in Johor
Reforms have improved service delivery, transparency, says PM Anwar
Election Commission to be notified of assembly vacancies, says Perlis Speaker
Major cases cracked in 2025 anti-corruption drive
Jawi ordered to probe issue of man dressed as woman, says Zulkifli
Christmas greetings from Cabinet members
Sacking of assemblymen demonstrates PAS's commitment to principles, trust, says Perlis MB
Penang begins ops to keep traffic flowing during school holidays

Others Also Read