The National Higher Education Fund Corporation (PTPTN) was established on 1st July 1997 under the National Higher Education Fund Corporation Act 1997 (Act 566) and is fully operational on 1st November 1997 with its office located at Wisma Chase Perdana, Off Jalan Semantan, Damansara Heights, Kuala Lumpur.
1. To manage the financing for higher education and its repayment collection;
2. To provide a savings scheme and administer the deposits for the purpose of higher education; and
3. To perform any other functions entrusted to PTPTN by any written legislation.