Who is eligible for exemption from loan repayment?
Eligible borrowers are borrowers whose loan are approved before 1 July 2005 and those who complete their bachelor’s degree studies with first class honours. Borrowers from private institutions of higher learning are limited to those who pursue courses accredited by the National Accreditation Board (LAN).
Borrowers who receive other sponsorship besides PTPTN, change courses, level of study or the IPT without prior approval of PTPTN or who violate any of the conditions specified in the education loan agreement will not be considered for loan repayment exemption.
What is the procedure for applying for loan repayment exemption?
Please send an official application letter together with the following documents:
a. Copy of the degree
b. Copy of academic transcript
c. Letter of certification of first class (if the words “First Class” are not printed on the degree certificate)
*All copies of documents and certification letters must be verified by a Group A officer in the Academic Division of the IPT.
*A copy of the Accreditation Certificate by LAN is necessary if the applicant is an IPTS graduate.
I obtained first class honours in my diploma studies. Can I apply for PTPTN loan repayment exemption?
No. Only students with first class honours for their bachelor’s degree are eligible to apply for PTPTN loan repayment exemption.
Can those with second class honours request for a reduction in loan repayment?
No. For the moment, PTPTN gives exemption to first class honours students only and no reduction or discount is given to those with second class honours.
Can the copy of the transcript and degree be certified by Group A officers from other divisions?
No. All copies of documents like transcripts and degrees can be certified only by the Academic Division of the relevant IPTs.
I obtained first class honours while studying in UPM and I am currently pursuing my master’s in UM. Can I certify my transcript and degree in the Academic Division of UM?
No, you cannot. Certification of documents can only be done at the Academic Division of the university that issued the transcript and degree.
My IPT does not have an academic division. Where should I certify my documents?
The copy of the degree and transcript can be certified by the division that issued the transcript and degree like the Academic Division or the University Examination and Record Division.
I did receive the PTPTN loan but cancelled it because I found another sponsor. However, I passed with first class honours. Can I request for exemption from loan repayment?
No. Only students fully sponsored by PTPTN are eligible to apply for loan repayment exemption. Students who cancelled the loan are not subject to this facility.
Can students with a first class bachelor’s degree from IPTS apply for loan repayment exemption?
Yes, but only students who took courses with the Accreditation Certificate by the National Accreditation Board are eligible to apply for exemption.
How can I check the status of my application for loan repayment exemption?
PTPTN will inform you by letter of the status and decision on the application.