Carian mengenai topik ptptn-loans

The government has agreed to defer the repayment of National Higher Education Fund Corporation (PTPTN) loans for three months to those who are eligible.

Applications for extending the repayment period for National Higher Education Fund Corporation (PTPTN) loans can be made from Tuesday (Jan 5) until March 31, 2021.

Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) loans for B40 students taking diploma courses at Private Institutions of Higher Learning (IPTS) will be increased to RM8,000 per semester.

Lim Guan Eng, said the formula presented by PTPTN which was approved by the Ministry of Finance could not be implemented due to the collapse of the PH government.

Datuk Seri Ikmal Hisham Abdul Aziz (BN-Tanah Merah) said the proposal was made because there were borrowers who should not have received the PTPTN loans while those who were qualified missed out.

The grace period for loan repayment is now extended to 12 months upon completion of study, among others.

Prime Minister Datuk Seri Najib Tun Razak said the lack of PTPTN loans is not just a problem among the Indian students but is also experienced by students from other races.

Datuk Seri Najib said the incentive will take into effect on Oct 22, 2016 meant to encourage borrowers to settle their PTPTN loans.

A total 1.25 million borrowers who failed to repay their National Higher Education Fund Corporation (PTPTN) loans have been listed in the Central Credit Reference Information System (CCRIS).

Borrowers need to repay their loans so that other aspiring students won't be deprived of the opportunity to further their studies.

A total of 662,983 borrowers failed to pay back to the National Higher Education Fund Corporation (PTPTN) loans amounting to RM5.4 billion as of Dec 31 last year.

For a start,480 PSD staff including 136 professional and management employees would have their salary deducted for PTPTN repayment from September.

The culture of repaying the PTPTN loans has improved as a result of various awareness programmes and enforcement actions said Tan Sri Muhyiddin Yassin.

400,000 hardcore errant borrowers who owe RM2.3 billion in PTPTN loans are advised to pay up.

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