Can I apply for PTPTN?

Your SPM results have already been released and you’ve finally decided your course of study. Unfortunately, you’ve met with some financial restraints on the way and getting a scholarship might require some luck. PTPTN could be the solution to help your financial problems but there are a few things that you need to consider before applying for that loan.

What are the seven questions?

PTPTN is one of the most popular loans among Malaysian students and it has always been the talk of student life - Image via PicServer

The loan by PTPTN has always been sought after by students wishing to pursue a tertiary education in Malaysia. Find out if you are eligible to apply for this popular financial aid with our guide:

1. Are you a Malaysian citizen?

Students from different races and geographic backgrounds can apply for PTPTN as long as they are MALAYSIAN

PTPTN is a privilege only awarded to people with a Malaysian citizenship.

2. Are you in the right age bracket?

PTPTN is meant for young aspiring students who cannot afford tertiary education due to financial problems – Image via Wikipedia

You should be not more than 45 years of age on the date of application.

3. Have you been offered a place at IPTA, IPTS or polytechnic?

PTPTN actually wants you to pay for your tuition fees first as they will usually give the money at the end of the semester. Therefore, you need to be studying in a course first

You will need to provide your offer letter or proof of studying at an institution.

4. Did you choose a recognized course and institution?

You need to check whether your course is accredited by the MQAin order to apply for PTPTN – Image via Max Pixel

For IPTA 

Courses and institutions registered and approved by the Ministry of Education.

For IPTS 

Courses and institutions accredited by the Malaysian Qualifications Agency (MQA).

5. How much study time do you have left?

It’s easier to apply for a PTPTN loan when you are currently pursuing your first year -Image via Pixabay

If you’re already enrolled in university or college, your remaining period of study at the time of application should not be less than one (1) year. First year students should not experience any problems in this aspect.

6. Do you have other sponsors?

You will not get a loan from PTPTN if you currently are under a scholarship or another loan - Image via Blue Diamond

If you are already under a certain other sponsorship or loan, you cannot apply for PTPTN.

7. Do you have an SSPN-i account?

Before you start applying for a PTPTN loan, make sure you have already set up a SSPN-i account with a deposit - Image via Encikst

Skim Simpanan Pendidikan Nasional (SSPN-i) is a savings scheme or instrument specially designed by PTPTN. Students who wish to apply for PTPTN are REQUIRED to have an SSPN-i account with a minimum deposit as determined by PTPTN. You are encouraged to open your SSPN-i account at Maybank, Bank Islam, Agrobank, Bank Rakyat or RHB Bank.

Interested in getting a scholarship instead? Click herefor 6 foolproof tips!

Click here for the latest scholarships

Click here for the PTPTN guide 2017