Another 3 Months: Repayment of PTPTN Loans Deferred till December

Afterschool

August 5, 2020

Petaling Jaya: Ministry of Higher Education (MoHE) announced yesterday that PTPTN borrowers can expect a deferment for an additional 3 months.

Higher Education Minister Datuk, Dr Noraini Ahmad, stated the extended deferment would be from Oct 1 to Dec 31.

Back in 2019, it was discovered that nearly all PTPTN borrowers in B40 category have not been repaying their loans and make up the 97% of loan defaulters. This is due to no regular income (29.1%), insufficient income (29.8%) and overabundance of commitments (28.3%), among other factors.

National Higher Education Fund Corporation (PTPTN) has been a top educational loan for Malaysian students

Today, we can't imagine what the statistics will be due to a global pandemic. Hence MoHE’s decision to extend the deferment period for PTPTN borrowers.

PTPTN borrowers can contact the corporation’s careline at 03-21933000, which operates from Monday to Friday, from 9am to 5pm, or visit the official portal at www.ptptn.gov.my for more information.

Do check out our PTPTN guides in the meantime:

PTPTN Guide 2020

When Do I Apply for PTPTN

PTPTN Loan - A Complete Guide

PPBU vs PTPTN : Which One is Better?

Foundation Programmes in IPTS Eligible for PTPTN Loan

Can You Apply for PTPTN If You’re in a Twinning Programme?

Twinning Programmes and PTPTN

How to Check How Much You Will Receive From PTPTN in Two Steps

PTPTN 2020 Deadlines for Every Course and Every Institution Released

How to Qualify for a PTPTN Loan Repayment Exemption

Deadlines for PTPTN Online Applications at Every UA & IPTS for Every Course