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 May 06, 2020, 01:00 pm
Image via US DOE
Here are things you need to know about repaying PTPTN for the study opportunity:
Image via John Walker - Flickr
Do start paying off the instalments for the PTPTN loan 12 months after your graduation date.
Especially for the recipients who accepted the ujrah conversion, your repayment period will be set in accordance to your loan balance.
You will be paying for the total amount disbursed by PTPTN, including other costs such as fees, insurance coverage, Duty Stamp and miscellaneous payments as stated in the Letter of Offer.
Image via Pixabay
You may request to postpone paying back your PTPTN loan if you fall under one of these categories:
Recipients who are not included in the above categories, will not be considered for deferment.
A fee will be imposed for the duration of the deferment; the period of postponement will be determined by PTPTN and will only be considered after Ujrah conversion.
Image via Blue Diamond Gallery
You can get the official letter or deferment application form which may be obtained through the PTPTN official portal or here.
The required documents are as follows:
(i) The recent letter of offer from a tertiary institution stating the actual completion date of study; or
(ii) Letter of unemployment verified by an authorized Officer as determined by PTPTN or surat akuan tidak bekerja
(ii) Recent EPF statement; or verification Letter from EPF confirming the recipient has yet to make any contributions.
a) The required documents for recipient who are still studying are items (i).
b) The required documents for recipient who are still out of work are items (ii) until (iii).
Image via Images Money - Flickr
YES but only if you complete your Degree with First Class Honours and your family household income is in the B40 or M40 group. This mean you will be exempted from paying back your PTPTN loan, which means you essentially received a full scholarship!
Do note however that First Class Honours may differ from university to university, so make sure you check with your counsellors so that you know what to aim for. Generally, however, First Class Honours typically requires you to have at least CGPA of 3.67/4.00, or higher.
Image via Creative Common Images
The interest rate is 1.00% per annum and is in effect following the 6 month grace period immediately after graduation. However, those who settle the loan in full prior to this 6 month grace period will not be charged any administrative cost.
PTPTN applies penalties to borrowers who fail to repay their loan on time.
Delinquent borrowers will be given up to 3 reminders and afterwards PTPTN will blacklist these delinquent borrowers. The blacklisted people will be prohibited from going abroad, and not be permitted to renew your passport.
Borrowers who have failed, discontinued, changed course or obtained other sponsors have to pay off the lump-sum amount of their loan. Installment method will not be offered for this kind of case.
PTPTN has provided an online calculator complete with interest and service fees included in the formula to help you figure this out.
Ujrah loan calculator is for loans converted to an Ujrah repayment system with only 1% service fee included.
For more information on everything PTPTN, just check out the links below:
PTPTN Guide 2020
PTPTN Loan - A Complete Guide
PPBU vs PTPTN : Which One is Better?
Foundation Programmes in IPTS Eligible for PTPTN Loan
Twinning Programmes and PTPTN
When Do I Apply for 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
How Much Loan Does PTPTN offer?
How to Check How Much You Owe PTPTN?
Embarking on a successful career path is often shaped by the choices and the strides we take along the way.When faced with the decision to choose between STEM-focused programmes or arts and humanities for his pre-university education, Isfaroul's unwavering passion for the business world since hi..
Let us take a moment and travel back through time, during childhood days when you gleefully raced around the classroom, enjoying precious moments with your friends. Perhaps these memories have become hazy, but you can still recall feelings of joy, curiosity, and boundless imagination that enveloped ..
There is no denying that to continue Malaysia’s economic growth and development, we need a talented and innovative workforce. And it all starts with identifying the next generation of leaders who will drive the nation's success and giving them access to a good education.The Gamuda Scholarshi..
Many students aspire to study overseas, but their aspirations may be shattered when they come to the realization that they lack the financial means to make it happen. Well, here’s good news for you:There are actually many scholarship for malaysian to study overseas in 2023. Don't miss out on the o..
Tunku Abdul Rahman University of Management and Technology (TAR UMT) and Association of Chartered Certified Accountants (ACCA) have finally reached the 50th anniversary of their strategic partnership, a significant milestone which was celebrated on 15 February 2023 at TAR UMT’s Kuala Lumpur Ca..
Are you aware of the acute shortage of engineers in Malaysia right now? According to Chang Lih Kang, Minister of Science, Technology, and Innovation (MOSTI), to fulfil the UN Sustainable Development Goals (UNSDG) to build a sustainable future.In light of that, now is the ideal time for you to fill t..
One of the most popular pre-university programmes in Malaysia is SACE International. It confers the South Australian Certificate of Education (SACE) on students, paving the way for them to attend world-class universities. After SPM, you can pursue SACE International, which is on par with other pre-u..
The sight of endless concrete buildings and four walls with no greenery can become an eyesore, and it's not just an aesthetic issue. Lack of greenery in urban environments can lead to environmental degradation, increased temperatures, and decreased air quality— something that you might not..
Aotearoa New Zealand is quickly rising in popularity as a premier overseas study destination. With its eight universities ranking in the top two percent globally according to the QS World University Ranking 2023, New Zealand offers a world-class education with promising career opportunities.More and..
Visit us at https://www.mmu.edu.my/intake and be part of MMU because MMU is You, Leading the Digital Future. Here are some excellent reasons why MMU is the best choice for you to continue your education.Affordable: applications have no processing fee, and foundation tuition is now only RM6,000 ..
Get the information first