LOAN
Education Loan
Introduction
The PTPTN Education Loan Scheme was established for the purpose of providing educational loans to students pursuing studies at local Higher Education Institutions (IPT). This education loan will allow students to finance all or part of their tuition fees and living expenses throughout their period of study. The PTPTN education loan facility is open to students continuing their studies at local Public Higher Education Institutions (IPTA) and Private Higher Education Institutions (IPTS) only.
Educational Loans Offered
Educational Loans Offered
| LEVEL OF STUDY | FUNDED IPT CATEGORY |
|---|---|
| Full Time Diploma | IPTA, Polytechnic and IPTS |
| Part Time Diploma | IPTA, Polytechnic and IPTS* |
| Long Distance Learning (PJJ) Diploma | IPTA |
| Advanced Diploma | IPTA and Polytechnic |
| Full Time First Degree | IPTA and IPTS |
| Part Time First Degree | IPTA and IPTS* |
| Full Time Master/ Part Time/ PJJ | IPTA |
| Full Time Doctor of Philosophy / Part Time/ PJJ | IPTA |
| Full Time Professional Course/ Part Time/ PJJ | IPTA |
Loan Application
Loan Application
The conditions of applying for an education loan are as follows :
- Malaysian citizen;
- Aged not more than 45 years on the date of application;
- The monthly (gross) income of parents or guardians does not exceed RM50,000 (after deducting RM250 per dependent);
- Received offer to IPTA/ IPTS and Polytechnics based on the eligibility criteria set by the Ministry of Higher Education and the Malaysian Qualifications Agency (MQA);
- The course pursued by the student in IPTA/ IPTS and Polytechnics must be approved by the Ministry of Higher Education and registered with The National Higher Education Fund Corporation (PTPTN)*;
- The remaining duration of the course of study during application must not be less than one (1) semester;
- Has opened a Simpan SSPN Prime/ Simpan SSPN Plus** account.
*Only courses approved for sponsorship by PTPTN will be registered and listed in the PTPTN Online Application Portal. The IPT will have to apply to PTPTN if they want to obtain a loan from PTPTN.
**Only Simpan SSPN Prime accounts with 15 digits are allowed to apply for PTPTN. Please contact any PTPTN branch nearby to check the 15 digits Simpan SSPN Prime account numbers.
| LOAN LEVEL | ELIGIBILITY |
|---|---|
|
Maximum |
If the students or their guardians are listed as one of the Sumbangan Tunai Rahmah (STR) recipients |
|
75% of the maximum loan |
Household salary is not more than RM8,000 (not in STR data) |
|
50% of the maximum loan |
Household salary is more than RM8,000 (not in STR data) |
| Instuition | Level of Study | Yearly Loan Amount by Level | ||
|---|---|---|---|---|
| Maximum (RM) | 75% (RM) | 50% (RM) | ||
| Public Universities, Polytechnics & Community Colleges | Integration/ Diploma | 4,750 | 3,560 | 2,380 |
| Bachelor's Degree (Science) | 6,650 | 4,990 | 3,330 | |
| Bachelor's Degree (Literature) | 6,180 | 4,630 | 3,090 | |
| Master's Degree | 9,500 | 7,130 | 4,750 | |
| Doctor of Philosophy (PhD) | 24,700 | 18,530 | 12,350 | |
| Professional Courses | 5,700 | 4,280 | 2,850 | |
| IPTS | Foundation | 6,800 | 5,100 | 3,400 |
| Diploma | 6,800 | 5,100 | 3,400 | |
| Diploma (Pharmacy, Dentistry & Health Science) | 12,750 | 9,560 | 6,380 | |
| Bachelor's Degree (Science) | 14,030 | 10,520 | 7,010 | |
| Bachelor's Degree (Literature) | 13,600 | 10,200 | 6,800 | |
| Bachelor’s Degree (Pharmacy, Dentistry & Health Science) | 17,000 | 12,750 | 8,500 | |
| Medical Bachelor’s Degree (MBBS) | * 50,000 | * 37,500 | * 30,000 | |
The PTPTN Education Loan Scheme with group takaful protection is intended to protect the loan amount that has been disbursed by PTPTN to borrowers for 24 hours a day and covers the entire world in the event of death or total permanent disability. Each student is required to bear the cost of takaful protection as stipulated in the loan agreement.
Under the group takaful protection concept, the amount of loan given by PTPTN to all borrowers will be fully protected by the takaful operator company hired by PTPTN.
For loan offers approved before 6 April 2016, the takaful contribution is deducted from the loan amount disbursed to the borrower every semester according to the set rate.
Starting from the offer approval date of 6 April 2016, the takaful contribution is part of the approved loan amount and must be settled by the borrower.
Education loans will be discontinued for the following reasons:
Failing/ discontinuing the course of study at the approved level/ field/ institution during the education loan application process;
The students terminate their PTPTN education loans;
Forgery of information during the application process; or
Borrower is declared bankrupt.
Ingin Membuat Permohonan Pinjaman?
Ingin Membuat Semakan Jadual Permohonan/ Bayaran Pinjaman?
FAQs
Starting from 1 January 2024, PTPTN education loans are limited to parents/ guardians whose gross income does not exceed RM50,000 per month. The current eligibility conditions for a PTPTN loan are as follows:
- Malaysian citizen;
- Aged not more than 45 years on the date of application;
- The monthly (gross) income of parents or guardians does not exceed RM50,000 (after deducting RM250 per dependent);
- Received offer to IPTA/ IPTS and Polytechnics based on the eligibility criteria set by the Ministry of Higher Education and the Malaysian Qualifications Agency (MQA);
- The course pursued by the student in IPTA/ IPTS and Polytechnics must be approved by the Ministry of Higher Education and registered with The National Higher Education Fund Corporation (PTPTN);
- The remaining duration of the course of study during application must not be less than one (1) semester; and
- Have opened a SIMPAN SSPN Prime/ SIMPAN SSPN Plus account
Example 1: Eligible for PTPTN Loan:
| No. | Income | RM |
|---|---|---|
| 1. | Basic salary | 47,500.00 |
| 2. | Allowance 1 | 1,000.00 |
| 3. | Allowance 2 | 1,000.00 |
| 4. | Allowance 3 | 1,000.00 |
| 5. | Total gross income | 50,500.00 |
| 6. | ( – ) Dependency for 3 siblings (RM250 per person) | 750.00 |
| 7. | Net gross income | 49,750.00 (ELIGIBLE FOR PTPTN LOAN) |
Example 2: Not Eligible for PTPTN Loan:
| No. | Income | RM |
|---|---|---|
| 1. | Basic salary | 47,500.00 |
| 2. | Allowance 1 | 1,000.00 |
| 3. | Allowance 2 | 1,000.00 |
| 4. | Allowance 3 | 1,000.00 |
| 5. | Total gross income | 50,500.00 |
| 6. | ( – ) Dependency for 1 siblings (RM250 per person) | 250.00 |
| 7. | Net gross income | 50,250.00 (NOT ELIGIBLE FOR PTPTN LOAN) |
Yes, an appeal can be made by submitting supporting documents such as salary statements and other relevant documents. Any consideration is subject to the supporting documents and the availability of sufficient loan allocation funds.
No. The duration of the education loan is based on the duration of the approved study program by JPT, KPT. The duration of the education loan is approved based on the semester when the application is made. If you apply in the second semester, the education loan will be approved starting from the second semester until the end of your usual study duration.
No. Second-time education loans will only be considered for students who continue their studies to a higher level.
Yes, provided that you have fully settled the amount of education loan received previously (the total amount of loan to be settled is subject to confirmation from PTPTN).
You do not need to settle your previous loan debt if you continue your studies to a higher level than the previous loan. The repayment of the previous loan debt can be deferred until completion of the new studies.
No. PTPTN only provides education loans to students pursuing studies at the Master's/ Doctor of Philosophy (PhD) level in Professional Courses at Public Universities.
Yes, you are eligible to apply if you are pursuing part-time studies at a Public University or Polytechnic. For studies at IPTS, PTPTN education loan is only available at the following IPT :
- Malaysia Open University (OUM)
- Wawasan Open University
- Asia E University
- UNITAR International University (UNITAR)
- Universiti Tun Abdul Razak (UNIRAZAK)
Yes, if you are pursuing studies at :
- Multimedia University (MMU)
- Universiti Tenaga Nasional (UNITEN)
- Universiti Teknologi Petronas (UTP)
- UNITAR International University (UNITAR)
- Universiti Tun Abdul Razak (UNIRAZAK)
Yes, you can. However, PTPTN only provides education loans for the duration of study pursued within the country.
Education Loan Offer
Education Loan Offer
- The offer of education loans is subject to the eligibility criteria set by PTPTN. Click here
- The loan period is determined based on the number of semesters at the time of the complete application being received.
- Loan application results Click here
- Guidelines on how to print and fill out the loan offer agreement document. Click here.
- The validity period of the loan offer is 14 days from the approval date.
- The complete agreement document must be affixed with a revenue stamp and sent together with a copy of the letter of admission.
- Borrowers who wish to reject the loan offer must submit the Borang Pembatalan dan Penolakan Tawaran Pinjaman Pendidikan PTPTN
to any PTPTN State Office.
A second loan offer will be considered if the following criteria are met;
- Completion of studies for the previous loan.
- For those who have cancelled, failed or discontinued their previous education loan, they need to settle the outstanding balance of the loan before they can be considered for a new loan.
- Approval is only given to borrowers who are continuing their studies at the same level or higher than their previous loan.
Check
Loan Application
Print Approval
Offer Letter
FAQs
Submission of offer documents must be made at the respective IPT or any nearby PTPTN branch office within 14 days from the approval date.
The conditions for a second loan are as follows :
Continuing studies at a higher level than previous loans only; and
For students who continue their studies at the same level or lower than the previous loan is only considered after the student has settled the total amount of the previous debt (including any costs determined by PTPTN).
Education Loan Disbursement
Education Loan Disbursement
- The first disbursement of the loan is made after the student submits the complete loan agreement documents to PTPTN.
- The loan disbursement to students for the following semester is based on the following conditions :
- Currently studying at the approved level, program, and IPT; and
- Passing the previous semester's examination with a Grade Point Average (GPA) of 2.0 or higher.
- PTPTN is not involved in matters related to the deduction of IPT fees. The loan amount will be directly credited to the student’s account according to the semester, subject to confirmation from the IPT. Any inquiries related to the deduction of fees should be referred to the respective IPT.
FAQs
The loan will be credited within 21 working days from the date upon receiving a complete set of documents.
The total loan amount received in every semester has been deducted for takaful protection and WPP (if WPP has been redeemed).
The loan disbursement to students for the following semester is based on the following conditions :
Currently studying actively on every approved level, courses and IPT;
Passing the previous semester's exams with a Grade Point Average (GPA) of 2.0 or above.
No. Loan repayments are based on the total amount received including the interest applied.
No. The education loan disbursement will only be issued until you graduate, either earlier or according to the usual study period. The loan repayment is based on the total loan received, including the interest applied.
No. The education loan disbursement will be credited directly only to the student’s personal account.
Borrowers need to fill in a Borang Pembatalan Pinjaman, which can be obtained from the Student Affairs Department (HEP)/ PTPTN counter/ PTPTN Official Portal, as well as an official letter requesting the cancellation of the education loan. For borrowers who receive other scholarships, please include a copy of the offer letter from the relevant sponsor.
Borrowers need to issue an official application letter to PTPTN to obtain the conditional discharge letter.
Yes, if the borrower has fully repaid a previous loan at the same educational level. However, a second loan for a higher level of education may also be considered even if the previous loan has not been fully repaid.
Withholding of Education Loan Disbursement
Withholding of Education Loan Disbursement
Education loan disbursement will not be made in any semester due to the following reasons :
Obtaining a PNG/ GPA examination result of less than 2.0;
Deferring studies; or
Suspension of studies by the IPT.
Example as follows :
| IPTA and Polytechnic Students | ||
|---|---|---|
| Study Semester Example | PNG/ GPA | Payment Status |
Semester 1 | < 2.0 | Paid |
Semester 2 | 2.0 and above | Paid |
Semester 3 | < 2.0 | Not paid based on Semester 1 exam |
Semester 4 | 2.0 and above | Paid |
Semester 5 | 2.0 and above | Not paid based on Semester 3 exams |
Semester 6 | 2.0 and above | Paid |
| IPTS Students | ||
|---|---|---|
| Study Semester Example | PNG/ GPA | Payment Status |
Semester 1 | < 2.0 | Paid |
Semester 2 | 2.0 and above | Not paid based on Semester 1 exam |
Semester 3 | < 2.0 | Paid |
Semester 4 | 2.0 and above | Not paid based on Semester 3 exams |
For students who are suspended from their studies, disbursement of the loan will only be made after the student is confirmed to have re-registered for their studies by the IPT.
