ADVERTISEMENT

Exemption for PTPTN loan repayment


WE refer to “First-class honours graduate forced to pay PTPTN loan” by Malaysian2, Batu Caves, Selangor, published in The Star’s letters page on June 6.

Under the current policy, borrowers who obtain a Bachelor’s degree with first-class honours will be exempted from repaying their National Higher Education Fund Corporation (PTPTN) loan if they fulfil the following terms and conditions:

i) Enrolled in full-time courses;

ii) Successfully completed the course within the stipulated period in the PTPTN loan offer document;

iii) The PTPTN loan does not overlap with any other sponsorship;

iv) The completed application is submitted to PTPTN within 12 months from the graduation date;

v) Course taken at the IPTS (private higher learning institutions) must be accredited by the Malay­sian Qualifications Agency.

In this case, the borrower’s application was rejected because he did not complete the course within the stipulated period in the PTPTN loan offer document.

However, PTPTN can look beyond the terms and conditions on a case-to-case basis, depending on the cause that contributed to the extension of the study period. Hence, the borrower is advised to submit an appeal together with supporting documents that reflect the reasonable cause occurred within the stipulated period in the PTPTN loan offer document.

For further information, contact the National Higher Education Fund Corporation’s public relations department at 03-2193 1059 / 1060.

Thank you.

RINA ABD RAHMAN

Public Relations Officer National Higher Education Fund Corporation

Letters , PTPTN , education loans , graduates

   

ADVERTISEMENT