Are you an international student?
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 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: