F - Communities 0.Youth

Defer the repayment of PTPTN loan to all borrowers who earn less than RM4000 per month and eliminate the policy of black listing borrowers’ who default on their payment

May 10, 2018
Achieved
Jul 2018

PTPTN confirms payment deferment for those earning under RM4,000 monthly

Malay Mail July 16, 2018

The National Higher Education Fund Corporation (PTPTN) will permit borrowers with salaries below RM4,000 a month to defer repaying their study loans. PTPTN chairman Wan Saiful Wan Jan confirmed this during a media briefing today. “In line with the 100-day pledge of the PH (Pakatan Harapan) manifesto, PTPTN will allow deferment of repayment for borrowers earning less than RM4,000 per month. “The date of the implementation of this move will be made known later,” he said.

May 2018

Maszlee sets out with plans to fix problems

The Star May 23, 2018

Fresh graduates drawing a salary below RM4,000 could delay repayment of their National Higher Education Fund Corporation (PTPTN) loans once the details have been hashed out. Education Minister Dr Maszlee Malik said he was working on this “100-day promise” of Pakatan Harapan and will meet with the Immigration Department soon to discuss blacklisting measures that are currently in place on PTPTN loan defaulters.

“I am confident borrowers will repay the loan when their salary hits RM4,000, and believe there will be more repaying their loans than defaulters in the future,” he told reporters after the handover of duties from his predecessor Datuk Seri Idris Jusoh at the Higher Education Ministry yesterday.