KUALA LUMPUR: Depositors of the National Education Savings Scheme (Simpan SSPN) will receive the highest dividend in 11 years following the National Higher Education Fund Corporation (PTPTN)'s announcement of a 4.10% dividend rate.
Its chairman, Datuk Seri Norliza Abdul Rahim, said the 2025 dividend distribution involves an estimated allocation of RM505.68mil, benefiting 6.07 million depositor accounts.
She said the dividend will be credited directly into Simpan SSPN accounts, and depositors can check their statements via the myPTPTN application starting Thursday (May 6).
Norliza said total deposits received last year amounted to RM3.33bil, compared with RM3.17bil in 2024.
"More than 500,000 new accounts were opened in 2025, bringing total deposits as at Dec 31 to RM23.88bil," Norliza said at the Simpan SSPN 2025 dividend announcement ceremony here on Wednesday (May 6).
Also present were PTPTN chief executive Ahmad Dasuki Abdul Majid and its strategic partners. – Bernama
