PTPTN repayment crucial to keep system going


THE National Higher Education Fund Corporation (PTPTN) has long provided a crucial lifeline for Malaysian students pursuing higher education. However, it is now facing a growing crisis of nonrepayment, with 430,000 borrowers defaulting on their loans, contributing to a massive RM6bil in unpaid loans.

PTPTN loans come with flexible repayment terms designed to ease the financial burden on borrowers. The repayment rate is set at just 5%-8% of the borrower’s gross monthly income, and the repayment period can last as long as until the borrower reaches the age of 60.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Education; PTPTN loans

   

Next In Letters

House arrest for those in remand not objectionable
Washing our way towards less microfibre pollution
Are we living in a fair society?
Access to justice remains elusive
Financing automation to create better jobs for Malaysians
Onboard charging standards: Why Malaysia’s public transit needs an urgent overhaul
Time for bold, united action
Include public consultation in house arrest deliberations
Retiring or ‘unretiring’, both need support
Greater transparency needed in job placement for junior docs, says MMA

Others Also Read