Learn more about Courses and the requirements, fees and other details.
Ask Questions to get an education expert’s advice immediately.
Get the latest information about education news, tips and career opportunities.
Find out information about different Institutions and apply to them directly.
A link will be sent via e-mail to initiate password reset. Please check your inbox.
If you have not received it,
Seconds, please click here.
If you have not received it, please click here.
You have reached your password reset limit for today. Please check your spam folder, retry tomorrow or contact us now
A One Time Password (OTP) has been sent to your number at Update Phone Number
Didn’t receive OTP? Resend OTP
Want to change your mobile number? Update Mobile Number
Didn’t get a call from us? Retry now Want to change your mobile number? Update mobile number
Want to change your mobile number? Update mobile number
We have saved your mobile number successfully! You may retry tomorrow.
Your IVR verification call has been initiated.
Visit the International Students section on our website to find out the latest news and everything you need to know about studying in Malaysia.
Published by Afterschool.my on Feb 18, 2021, 01:57 am
The PTPTN loan is by far the most popular option among students who look for financial assistance to help fund their tertiary education. But first of all, what is PTPTN? PTPTN stands for Perbadanan Tabung Pendidikan Tinggi Nasional. It is a government body that offers study loans for higher education for Malaysian students. Because their loans have a relatively low interest rate, this makes the PTPTN loan one of the top choices for students who are looking for study loans. Most people apply for student loans or a PTPTN loan because they might not be financially stable to cover the expensive tuition fees themselves at the time.
So what are the pros and cons of the PTPTN loan and other student loans? For starters, student loans allow you to afford college or university. The tuition fees of university courses can be very expensive depending on the course. A PTPTN loan can allow you to afford to pay those expensive fees. Secondly, you can also use your loan to pay for important university expenses like textbooks, a laptop and required software for your course. Lastly, paying off your PTPTN loan can help you build good credit scores. Having a good credit score is essential when you want to apply for a credit card, finance your home purchase, and even when you apply for jobs.
Now let’s talk about the cons of PTPTN loans and student loans. First of all, applying for loans like PTPTN means you are starting out your adult life with debt. As soon as you graduate you are going to worry about finding a job that pays well enough for you to pay back your PTPTN loan. Secondly, student loan debt can get in the way of other financial and lifestyle goals. If you keep having to pay off your student loans every month, you might not have enough to spend on things you really want to spend on, such as your long term financial goals. Lastly, defaulting on your PTPTN loan can tank your credit score. The penalties for defaulting also include added fees, added interest and wage garnishment.
While many are aware of the existence of a PTPTN loan repayment exemption, not many know what the actual requirements are for a student to qualify for a PTPTN exemption, nor do they know the proper procedure one has to go through to get approval. Let's take a look at the answers to both.
Speaking of PTPTN, you might want to find out some reasons why PTPTN loans are withdrawn or cancelled and 4 ways to check if you’ve been blacklisted by PTPTN.
If you have taken a loan from PTPTN, you will eventually have to do your PTPTN loan repayment and you might be familiar with the PTPTN loan repayment schedule as well as the PTPTN loan repayment calculator. However, you may have an option of getting a PTPTN loan repayment exemption. To get this exemption, one must make a PTPTN exemption application and must fulfill the PTPTN waiver requirement. Even if you don’t manage to get an exemption, you still have a chance of getting a PTPTN loan repayment discount. Let’s check out the requirements to qualify for a PTPTN loan exemption
The above requirement is the most important pre-requisite of all and should not be confused with any fixed CGPA. While a First Class Honours degree generally requires a CGPA of 3.7 and above, it must be noted that this will differ depending on the institution and course studied. Therefore, students must first check with their university as to what CGPA is required for them to receive First Class Honours. Having successfully obtained a First Class Honours distinction, the student will also need to meet the following criteria:
Documents that must be attached
a) Copies of supporting documents shall be authenticated by authorised officers as stipulated by PTPTN, the Academic Division of the IPT or the Issuing Division of the Transcript and the scroll from where the student pursued their programme.
b) The verification stamp shall contain the name of the officer, position and the name of the department.
c) For transcripts in which the scoring/grading information is not specified, note of the calculation and declaration of marking/grading from HEIs should be included.
Once you’ve gathered all the required documents, you can apply for the exemption online on PTPTN’s website.
The process of granting a loan repayment application for obtaining a First Class Bachelor's Degree will take 60 working days from the date all documents are received.
PTPTN - Frequetly Asked Questions
You can apply for PTPTN exemption online at PTPTN’s website once you have met the required criteria and gathered all of the required documents for the application.
You can be exempted from PTPTN repayment if you are from the B40 or M40 group and earn First Class Honours for your Bachelor degree program. You also have to fulfill other criteria and submit the proper documents for your exemption application.
A 15% discount is given to those who pay the rest of their PTPTN debt in full. Those who pay 50% of their debt will be given a 12% discount, and those who pay using direct debit or salary deduction will be given a 10% discount.
Students who don’t repay their loans are banned from leaving the country, blacklisted by the Central Credit Rating System and could face legal action.
Click on the following links for more PTPTN articles:
When Do I Apply for PTPTN
PTPTN Loan - A Complete Guide
PPBU vs PTPTN : Which One is Better?
Foundation Programmes in IPTS Eligible for PTPTN Loan
Twinning Programmes and PTPTN
How to Check How Much You Will Receive From PTPTN in Two Steps
Deadlines for PTPTN Online Applications at Every UA & IPTS for Every Course
How To Use The New PTPTN Direct Debit System & List Of Associated Banks
8 Questions about Repaying Your PTPTN Loan
How to Check How Much You Owe PTPTN
How Much Loan Does PTPTN offer?
For countless young scholars embarking on their educational journey, the allure of a vibrant campus culture is just as vital as the academic rigour of the institution they choose to attend.Maung Shi Min Flonna spoke at length about her experiences at KYUEM, a place where she experiences a thriving c..
On the weekend of Friday 20th to Sunday 22nd October, 14 intrepid students of Kolej Yayasan UEM, as participants of the DofE Silver Award , in two groups of 7, set off on their first taste of adventure – the Silver Trial Expedition. This three-day, two-night expedition is a practice and training e..
Sunway College winners of the 2023 Outstanding Cambridge Learner Awards Ceremony with Ruth Cheah, Director of the Sunway College Cambridge A-Level Programme Young Malaysians have consistently demonstrated their remarkable ability to dominate global rankings, and the recently announced 2023 Outs..
Chong (third from left) receiving her certificate of achievement from Assoc Prof Dr Hazizi Abu Saad (second from left), Vice President of MASO.As an institution transitions into a university, the emphasis on research takes centre stage. This is why the achievement of TAR UMT’s PhD student in L..
After a First Runner-up finish in a tax competition she participated in last year, Tan Hui Theng from TAR UMT was motivated and even more determined to finish higher in the Ernst & Young Young Tax Professional of the Year (EY YTPY) 2023 Malaysia. This time, she succeeded in emerging as the winne..
Ms Josephine Ong (rightmost), representative from MDEC presenting the PDTI certificate to Asst Prof Dr Wong Thein Lai (leftmost), Deputy Dean of FOCS, Asst Prof Dr Lim Li Li (second from left), Dean of FOET and Ms Dearna Kee June Chen (second from right), Dean of FCCI.Recognising its excellence in d..
Mr Ling (left) receiving the President’s Award on behalf of his daughter from Prof Ir Dr Lee (right).TAR UMT’s September 2023 Convocation Ceremony on 9 - 10 September 2023 was conducted in its usual celebratory fashion, but this time it was capped with a special moment that exempli..
On 20th October 2023, KYUEM’s batch 26.0 hosted their Cultural Performance Night 2023 (CPN) presenting a night of fun that emphasised unity amongst diversity. The CPN celebrated the diverse and rich cultures in Malaysia. The night started sharp at 8 pm at the Great Hall. The festivities b..
The first thing you hear about the appeal of KYUEM is its university connections and ability to provide you with a bright future but the second is the range of events that the school holds. Amongst these are Housetrips, which are among the most anticipated events of the year. This Garnet Housetrip a..
On October 21, 2023, around 90 Sapphire members embarked on a trip to Eco Venture Resort & Retreat in Semenyih. Upon arrival, we received a warm welcome from the facilitators. Prior to our first team-building activity, we divided into 10 groups, each consisting of 9 members, and assigned a team ..
Get the information first