412,245 PTPTN borrowers have yet to repay their PTPTN loans

Of the 1.24 million people PTPTN (National Education Fund Corporation) has helped, 412,245 of them were unable to settle their PTPTN loans as of 31 August 2013, said Education Minister Muhyiddin Yassin.

To help borrowers manage their debts, PTPTN has offered flexible plans which provide borrowers 20% discount for the settlement of the entire loan from 1 October 2012 to 30 September 2013.  Errant borrowers receive summonses to remind them of their responsibility whereas blacklisting borrowers from going overseas would be their last resort.