The deadline for updating your PTPTN loan repayment info is on July 25, 2018. Do you qualify for PTPTN loan exemption or repayment deferment? Do you qualify for the new repayment deferment if you are earning below RM4,000 monthly?

Updated: Sep 28, 2018

PTPTN is the National Higher Education Fund Corporation (Perbadanan Tabung Pendidikan Tinggi Nasional) provides education loans available for tertiary education at a very low interest rate of 1% (based on syariah-compliant Ujrah)!

PTPTN Funding Eligibility

Requirements

  • Malaysian citizen
  • Age 45 below
  • Received offer in MQA approved course for tertiary education at public and private institutions
  • No other sponsorship received
  • SSPN-i account
  • Maintain GPA 2.0 and higher throughout studies

PTPTN application

 

PTPTN Loan Repayment Exemption

You are exempted from paying back your PTPTN loan by fulfilling the following conditions:-

  • Awarded first class degree honors or equivalent.
  • Full time studies completed on timeline as per PTPTN loan document.
  • Fulfills original PTPTN funding eligibility requirements.
  • Submitted within 12 months from convocation date.

PTPTN first class honors loan repayment exemption application

 

PTPTN Loan Repayment Deferment

Repayment for PTPTN starts 12 months after you finish your studies (even if notice of repayment is not received from PTPTN). Wage cost/upah (Ujrah) is charged every month starting from the 13th month. The repayment duration will be based on the remaining loan.

You can defer your PTPTN loan repayment in the following scenarios:-

  • Full study duration: You continue/extend your education full time locally or overseas.
  • Up to 24 months: You are unemployed with 6 months deferment per application.
  • NEW: You are earning below RM4,000 monthly.

Education Deferment Process

  1. Submit official PTPTN repayment deferment letter.
  2. Submit latest education offer letter from tertiary education provider stating the study end date.

Unemployment Deferment Process

  1. Submit official PTPTN repayment deferment letter.
  2. Submit documents
    • Letter of oath stating unemployment.
    • Latest EPF statement OR official EPF letter confirming borrowed is not contributing to EPF.

Earning Below RM4,000 Monthly Deferment Process

Deadline: July 25, 2018

  1. Update your latest salary at http://www.ptptn.gov.my/akuanpendapatan/.
    Note: The above link has been removed by PTPTN after the deadline (ptptn.gov.my)
  2. If you don’t have your No. Pinjaman (Borrowing Account No), call the PTPTN careline 03-2193 3000, icare eApp or contact a PTPTN officer via WhatsApp with your NRIC No, Full Name, Mother’s Name, and Course Name.

Tip: Please select a random PTPTN Officer (search 1-136) to avoid the officers whose names begin with the first few letters in the alphabet getting bombarded with messages, and for a better response time.

 

PTPTN Account Details Updating Guide (unofficial English translation help)

 

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