How much can you loan PTPTN?
You will be eligible to borrow a maximum of RM12,750 per year (refer to Column B1), or a total loan amount of RM51,000 for a 4-year Pharmacy Degree. Remember that securing a PTPTN loan doesn’t mean that all your financial woes are over.
How can I be exempt from PTPTN loan?
How to Qualify for a PTPTN Loan Repayment Exemption
- Attended a full-time course.
- Successfully graduated within the period that had been stipulated in the PTPTN loan offer document.
- The PTPTN loan does not overlap/coincide with any other sponsorship.
How can I see my PTPTN payment history?
It is so easy, you can simply do it with your smartphone!
- Go to PTPTN statement review page.
- Insert your identification number (IC)
- Click on the Penyata kira-kira pembiayaan link. Tadaa. You can now view your PTPTN balance and do a proper financial planning!
How is PTPTN deducted from salary?
PTPTN in a statement today stated that borrowers can apply online to make payment through salary deduction at website https://www.ptptn.gov.my/potonggajionline/ or through direct debit at https://www.ptptn.gov.my/direct_debit/direct_debit.html.
What is SSPN account for PTPTN?
The National Education Savings Scheme (SSPN-i) is a scheme or savings instrument specially designed by the National Higher Education Fund Corporation (PTPTN) for higher education purposes and to encourage parents / guardians to make savings for their children’s higher education.
Can I apply PTPTN for second time?
Upon completion, you will need to start paying for both the loans. However, if you want to apply for a second PTPTN loan for your second degree, then you will be required to settle your first loan before you can apply for the second one.
What is first class Honours CGPA?
3.5000 – 4.0000
Classification of Degree
| Classification of Honours | CGPA |
|---|---|
| First Class | 3.5000 – 4.0000 |
| Second Class (Upper Division) | 3.0000 – 3.4999 |
| Second Class (Lower Division) | 2.2000 – 2.9999 |
| Third Class | 2.0000 – 2.1999 |
Do you pay back PTPTN?
PTPTN loans need to be repaid. Students who don’t repay their loans are banned from leaving the country, blacklisted by the Central Credit Rating System and could face legal action. This means you won’t be able to travel overseas for work or holidays.
How much do you pay monthly for PTPTN?
PTPTN loans have a low-interest rate of 1% which can be easily paid back in small amounts after you graduate. For example, PTPTN requires you to pay RM40 month if you’re a fresh graduate earning RM2,000. You can comfortably pay the loan back once you get your first job without relying on your family.
How much should I pay for PTPTN?
a) Via PTPTN’s website For a quick and seamless payment, you can head over to PTPTN’s portal where you can check your loan amount and make your payment via Financial Process Exchange (FPX).
Can I pay PTPTN with credit card?
You can pay your PTPTN loans in a wide variety of places, both online and offline. First off, there are the PTPTN kiosks nationwide, which even accept credit cards – PTPTN also accepts American Express cards as well, but depending on the banks, you may not be eligible for credit card points.
Who is eligible for SSPN?
What are the conditions to open SSPN-i account? Malaysian citizen aged 1 day old until 29 years old, account can be opened by parents/legal guardian. account under his/her own name or it can be opened by their parents/guardian. Malaysian citizen aged 29 years old and above must open the individual account.
What does PTPTN stand for?
PTPTN stands for Perbadanan Tabung Pendidikan Tinggi Nasional (or National Higher Education Fund Corporation), and is a government institution that offers study loans specifically for tertiary education for Malaysian students. PTPTN loan is one of the top choices for students looking for education loans, given its relatively low interest rate.
How to make PTPTN work for You?
Make sure you meet the financial agency to restructure the repayment agreement to get a suitable repayment amount. In a Nutshell . Taking the PTPTN loan will help you attain the education you want. Despite the current challenges, there are various ways for you to make your loan payment and avoid future penalties.
How to apply PTPTN loan?
You need at least a GPA of 2.0 to maintain your PTPTN loan.