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Published by Afterschool.my on Aug 05, 2020, 01:46 pm
Petaling Jaya: Ministry of Higher Education (MoHE) announced yesterday that PTPTN borrowers can expect a deferment for an additional 3 months.
Higher Education Minister Datuk, Dr Noraini Ahmad, stated the extended deferment would be from Oct 1 to Dec 31.
Back in 2019, it was discovered that nearly all PTPTN borrowers in B40 category have not been repaying their loans and make up the 97% of loan defaulters. This is due to no regular income (29.1%), insufficient income (29.8%) and overabundance of commitments (28.3%), among other factors.
National Higher Education Fund Corporation (PTPTN) has been a top educational loan for Malaysian students
Today, we can't imagine what the statistics will be due to a global pandemic. Hence MoHE’s decision to extend the deferment period for PTPTN borrowers.
PTPTN borrowers can contact the corporation’s careline at 03-21933000, which operates from Monday to Friday, from 9am to 5pm, or visit the official portal at www.ptptn.gov.my for more information.
Do check out our PTPTN guides in the meantime:
PTPTN Guide 2020
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
Can You Apply for PTPTN If You’re in a Twinning Programme?
Twinning Programmes and PTPTN
How to Check How Much You Will Receive From PTPTN in Two Steps
PTPTN 2020 Deadlines for Every Course and Every Institution Released
How to Qualify for a PTPTN Loan Repayment Exemption
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 Much Loan Does PTPTN offer?
How to Check How Much You Owe PTPTN
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