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The education loan offer will be awarded if the applicant fulfils the conditions and meets the specified loan application procedure.
A second loan offer will only be considered if an applicant meets the following requirements:
- Meets conditions and loan application procedure
- Students who received education loans for their previous studies but failed to complete their studies or received other forms of sponsorship can apply for a second loan to continue their studies after the first loan has been duly settled.
- Students who were offered education loans and successfully completed their previous studies can apply for loans to further their education. Applications for the same level of education will not be considered.
- Consideration for the second loan is subject to availability of funds.
The approval for the loan period will be based on the current semester, i.e. when the complete application is received by PTPTN.
The loan offer is valid for only 1 month from the date of approval. Should the loan agreement not be completed within this period, the offer will be cancelled.
The loan agreement will be deemed complete only if the document is sealed with a revenue stamp. Please ensure you obtain two revenue stamps of RM10 each to be affixed on the document.
The loan offer will be cancelled or withdrawn in the event of a mistake or falsification of information in the offer.
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