PTPTN confirms payment deferment for those earning under RM4,000 monthly
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.
Maszlee sets out with plans to fix problems
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.