Latest news with #PTPTN
The Star
8 hours ago
- Business
- The Star
PTPTN allocates RM47.8mil in advance loans for July 2025 intake
KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) has allocated RM47.8mil in Loan Advance Payment (WPP) to 31,850 students pursuing diploma studies at public universities and polytechnics for the July 2025 intake. In a statement on Wednesday (July 2), PTPTN said each eligible student will receive RM1,500 to assist with initial preparation costs, ensuring their welfare is safeguarded as they begin their higher education. WPP is offered to Malaysian students who consented to receive the advance loan during their application to public higher education institutions (IPTA) via UPUOnline or the official admission portals, and whose parents or guardians are recipients of the government's Sumbangan Tunai Rahmah (STR) aid, subject to eligibility criteria. Since its introduction in 1999, WPP has benefited 990,638 students with total disbursements amounting to RM1.46bil as of May 31 this year. As an agency under the Higher Education Ministry (MOHE), PTPTN said it remains committed to supporting students in gaining access to tertiary education. Students can check their WPP offer through the myPTPTN app and redeem the funds at any Bank Islam Malaysia Bhd (BIMB) branch nationwide from today until Sept 1, by presenting their WPP offer letter and MyKad, although representatives are not allowed. PTPTN chairperson Datuk Seri Norliza Abdul Rahim led a delegation to personally visit WPP recipients in Bukit Gelugor, Penang, where a total of 1,419 students were offered assistance mounting to RM2.13mil. Norliza advised students to use the funds responsibly and encouraged them to apply for full PTPTN loans according to their institution's application timeline to ensure timely processing and approval. Applicants are also required to open a National Education Savings Scheme (Simpan SSPN) account via the app before submitting their PTPTN loan applications. - Bernama
The Sun
9 hours ago
- Business
- The Sun
PTPTN allocates RM47.8m advance loans for July 2025 intake
KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) has allocated RM47.8 million in Loan Advance Payment (WPP) to 31,850 students enrolling in diploma programmes at public universities and polytechnics for the July 2025 intake. Each eligible student will receive RM1,500 to cover initial preparation costs, ensuring financial support as they begin their higher education journey. The WPP is available to Malaysian students who opted for the advance loan during their application via UPUOnline or official admission portals. Eligibility is also tied to parents or guardians receiving the government's Sumbangan Tunai Rahmah (STR) aid. Since its launch in 1999, WPP has assisted 990,638 students with total disbursements reaching RM1.46 billion as of May 31 this year. PTPTN, under the Higher Education Ministry (MOHE), continues its commitment to facilitating access to tertiary education. Students can verify their WPP offer through the myPTPTN app and claim the funds at any Bank Islam Malaysia Bhd (BIMB) branch until September 1. They must present their WPP offer letter and MyKad, with no proxy redemptions allowed. PTPTN chairperson Datuk Seri Norliza Abdul Rahim visited WPP recipients in Bukit Gelugor, Penang, where 1,419 students received RM2.13 million in aid. She urged students to use the funds wisely and apply for full PTPTN loans according to their institution's timeline. Applicants must also open a National Education Savings Scheme (Simpan SSPN) account via the app before submitting their loan applications.
Sinar Daily
13-06-2025
- Business
- Sinar Daily
PTPTN loans of 13 UPSI students who died in fatal bus accident fully settled
All 13 of these students will benefit from the full settlement of their loan debts through the PTPTN education loan Group Takaful Protection Scheme. 11 Jun 2025 06:01pm All 13 of these students will benefit from the full settlement of their loan debts through the PTPTN education loan Group Takaful Protection Scheme. - Bernama photo PUTRAJAYA - Thirteen of the 15 Universiti Pendidikan Sultan Idris (UPSI) students who died in the bus crash in Gerik have been identified as National Higher Education Fund Corporation (PTPTN) borrowers, said Higher Education Minister Datuk Seri Dr. Zambry Abdul Kadir. "All 13 of these students will benefit from the full settlement of their loan debts through the PTPTN education loan Group Takaful Protection Scheme. All 13 of these students will benefit from the full settlement of their loan debts through the PTPTN education loan Group Takaful Protection Scheme. - Bernama photo "Additionally, all 13 heirs will also receive a death benefit of RM1,500 for each student," he said via a post on his official Facebook page today. In the accident that occurred between 12:30 am and 1:00 am on June 9, 15 UPSI students died after a bus chartered from Jertih to Tanjung Malim overturned after being involved in an accident with a Perodua Alza on the East-West Highway (JRTB) near Tasik Banding. The accident also resulted in 33 others being injured, including the bus driver and second driver, as well as the driver and three passengers of the Alza MPV. - BERNAMA More Like This
Rakyat Post
13-06-2025
- Business
- Rakyat Post
400,000 Malaysian Borrowers Default On RM5 Billion PTPTN Student Loans – No Payments After 10 Years
Subscribe to our FREE Remember when your mom said, 'Always pay back what you borrow'? Well, 400,000 Malaysian borrowers apparently skipped that life lesson and decided to keep RM5 billion of taxpayer money instead. Here's what happened: The government provided student loans through the National Higher Education Fund Corporation (PTPTN) to help students attend university. Nice. Except 400,000 of these 'educated' people decided that paying back their loans was optional, like wearing masks or using turn signals. Instead? It's gone. Vanished. These individuals took the money, obtained their degrees (or not), secured jobs, and then ghosted the government, much like a bad Tinder date. The 'I'm Too Good to Pay Back' Club The craziest part? Higher Education Minister Datuk Seri Dr Zambry Abd Kadir said some of these people have been Not RM1. Not even 50 sen for a phone call to say 'sorry, running late on payments.' Ten years! That's enough time to: Get married, have kids, and send them to kindergarten Buy a car and pay it off completely Watch every Marvel movie twice But paying back their student loan? Nah, too busy apparently. The Math is Simple (Unlike These People's Morals) To ensure borrowers can manage their finances effectively, a Borrowers pay between But these 400,000 looked at that amount and said, 'You know what? I think I'll keep this money for myself instead.' While these people are living loan-free, guess who's covering their unpaid debts? You. Me. Every Malaysian who pays taxes and follows the rules like some kind of sucker. The Government's Brilliant Response: 'Pretty Please?' And what's the government doing about this RM5 billion heist? While these 400,000 are enjoying their free education, other students can't get loans because there is no money left. In a way, these defaulters Some critics have blamed Prime Minister Datuk Seri Anwar Ibrahim for this mess, pointing to his past promises to To be fair, Anwar emphasised that PTPTN repayment exemptions would apply to low-income students, regardless of race, who genuinely couldn't afford to repay their loans. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
Free Malaysia Today
13-06-2025
- Business
- Free Malaysia Today
Paying back PTPTN loans is now at your fingertips
Those who have trouble repaying their educational loans to PTPTN can now seek help online. PETALING JAYA : The National Higher Education Fund Corporation (PTPTN) has introduced several initiatives to help borrowers settle their debts and at the same time ensure sufficient capital for future generations. These initiatives are in line with PTPTN's commitment to provide the best service for its customers in its bid to improve the management of its revolving funds. Among these initiatives are #PTPTNBolehBincang, which allows borrowers to negotiate for a flexible repayment scheme, such as restructuring their loan repayments based on their financial capabilities. The other is #PTPTNSediaBantu, an initiative that provides various service channels that are easier, faster and safer. The channels are provided to assist and facilitate borrowers who have any questions or matters related to loan repayment. Through these initiatives, borrowers can reach out to PTPTN's frontliners, who are committed to providing their very best in resolving any issues or providing the answers. And there are five different ways to contact these frontliners. The first is via Careliners PTPTN, which comprises 38 assistants who operate from 9am to 5pm every Monday to Friday. Borrowers can also contact a frontliner through the Live Chat at the PTPTN portal ( which operates from 9am to 5pm every Monday to Friday. Or they could call a PTPTN sales executive, whose handphone numbers can be found at Fourthly, borrowers can forward any complaints or queries via e-Aduan, and a PTPTN e-Aduan officer will answer these questions or respond to the grouses raised. Otherwise, borrowers can send their questions and complaints through And finally, customers can reach out to PTPTN on its official social media accounts at Facebook PTPTN; Instagram @PTPTNOfficial; X account @PTPTNOfficial and Tiktok@PTPTNOfficial. PTPTN is constantly improving its online services and providing various payment channels to encourage cashless payments. Therefore, borrowers can repay their PTPTN loans through the myPTPTN app which combines all facilities into one system so that service delivery to customers is not affected and is always accessible anytime and anywhere without borders, faster, easier and safer. Through the myPTPTN app, borrowers can keep track of their loan application, outstanding loan amount and repayment schemes. Borrowers can download the app from the App Store (iOS), Play Store (Android), and Huawei App Gallery (Huawei). Alternatively, the public can visit for more information on myPTPTN.
