The Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) was established in July 1997 to facilitate payments for tertiary education in Malaysia, offering loans to students at various education levels. Eligibility criteria include being a Malaysian citizen under 45 years of age and having received an offer from an approved institution, with strict conditions for loan maintenance and repayment starting six months post-graduation. Non-compliance with GPA requirements or other disqualifying factors may result in loan deferment or revocation, while parents can seek personal loans as an alternative to manage education financing.

2.  The Perbadanan Tabung Pendidikan Tinggi
Nasional (PTPTN) is established under the
Akta Perbadanan Pendidikan tinggi National
1997 (Akta 566) and is enforced at 1st july
1997.
 It’s function is to facilitate payment for
tertiary education, to collect back loan,
preparing saving scheme and to
facilitate deposit.

3.  The PTPTN education financing is established to
help students to pay for their tertiary education
at government and private institution. This
greatly reduce the burden of family in paying for
the living cost as well as the education fee.

4. Education stage Category of institution that approved
by PTPTN
Full time diploma Polytechnic, Local and private colleges/
universities
Part time diploma Polytechnic, Local and private college/
universities
Overseas diploma program Local college/universities
Advance diploma Local college and polytechnic
Full time Bachelor degree Local and private colleges/universities
Part time Bachelor degree Local and private colleges/universities
Full/part time or overseas master
program
Local universities
Full/part time or overseas doctorate
program
Local universities
Full/part time or overseas Professional
courses
Local universities

5.  Malaysian citizen
 Not older than 45 years old when applying
 Received the offer from higher institution
 Courses to be taken must be approved by the
ministry for education
 Time remaining until the completion of studies
must not be less than 1 year
 No other sponsors
 Already open a SSPN account

6.  Student must be aware that their loan will be
defer or revoke if the following happen:
1. Achieved GPA less than 2.0
2. Defer of studies
3. Suspend by institution
Local colleges/universities and polytechnic
Semester GPA Payment status
1 <2.0 Paid
2 2.0 and above Paid
3 <2.0 Revoke
4 2.0 and above Paid
5 2.0 and above Revoke
6 2.0 and above Paid

7. Private colleges/universities
Semester GPA Payment status
1 <2.0 Paid
2 2.0 and above Revoke
3 <2.0 Paid
4 2.0 and above Revoke

8.  Fail or drop out of school
 Student make cancelation by themselves
 Received other sponsor
 Falsifying of document
 Receiver of the loan is announced bankrupt

9.  Repayment of loan starts 6 month after your
graduation
 Method:
1. Counter at PTPTN main and branch office, Post
office and certain bank.
2. Through allocation from salary
3. Online banking to bank or through the PTPTN official
webpage
4. KWSP
5. Electronic Data Capture (EDC) Terminal

10.  Student graduate from previous course and
re-joined studies at higher level.
 Student following the local and overseas
joint course which the student is continuing
his/her studies at overseas
 Student extend his/her studies
 Graduated but no yet found a job
 Student received other sponsor

11.  Repayment notice will be send to all loan
receiver at the 7th month after graduation.
 First reminder of repayment will be send within
2months after the repayment notice if student
does not repay the monthly loan instalment.
 Second repayment will be send within 2months
after the First reminder if student does not
repay the monthly loan instalment.
 Final reminder will be send if no payment or
reply is being send within 3 months after the
second reminder.
 Notice of demand will be send if there is still no
payment and loan receiver will be fined as well.

12.  Loan receiver can be brought to court if PTPTN
official wished to and the loan receiver have to
pay the loan in full as well as the court cost and
jury cost.

13.  On the other hand, parents can apply for
personal loan to finance their kid’s education
or even to repay the PTPTN in case of
insufficient money.
 Personal loan is easy to apply if the borrower
have a good credit rating.
 However, personal should only be consider in
case of emergency.

14.  For more information on personal loan, visit
the following website:
1. https://www.imoney.my/personal-loan
2. https://www.imoney.my/personal-loan-islamic
 For more information on PTPTN financing,
visit
1. http://www.ptptn.gov.my/web/guest/pinja
man