LOAN
Education Loan
Introduction
The Skim Pinjaman Pendidikan PTPTN 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.
The Education Loans Offered
The Education Loans Offered
| STUDIES LEVEL | FUNDED IPT CATEGORY |
|---|---|
| Diploma Full Time | IPTA, Polytechnic and IPTS |
| Part Time Diploma | IPTA, Polytechnic and IPTS* |
| PJJ Diploma | IPTA |
| Advanced Diploma | IPTA and Polytechnics |
| Full Time First Degree | IPTA and IPTS |
| Part Time First Degree | IPTA and IPTS* |
| Masters Full Time/ Part Time/ PJJ | IPTA |
| Doctor of Philosophy Full Time/ Part Time/ PJJ | IPTA |
| Full Time/ Part Time Professional Course/ PJJ | IPTA |
Loan Application
Loan Application
The conditions for applying for an education loan are as follows:
Malaysian citizen;
Aged no more than 45 years on the date of application;
Qualified to apply for admission to public universities (IPTA)/private universities (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 public universities, private universities, and polytechnics must be approved by the Ministry of Higher Education and registered with the National Higher Education Fund Corporation (PTPTN);
For students of private universities, the course pursued must obtain a Certificate of Accreditation from the Malaysian Qualifications Agency (MQA) and still be valid on the date of application;
For students with different qualifications, verification must be obtained from the relevant department or agency as stated above;
The remaining duration of the course of study during application must not be less than one (1) year;
Have opened an account for Simpan SSPN Prime/ Simpan SSPN Plus**.
*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 | Study Level | Annual Loan Amount According to Level | ||
|---|---|---|---|---|
| Maximum (RM) | 75% (RM) | 50% (RM) | ||
| Public Universities, Polytechnics & Community Colleges | Integration/ Diploma | 4,750 | 3,560 | 2,380 |
| Bachelor Degree (Science) | 6,650 | 4,990 | 3,330 | |
| Bachelor Degree (Literature) | 6,180 | 4,630 | 3,090 | |
| Master 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 Degree (Science) | 14,030 | 10,520 | 7,010 | |
| Bachelor 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 April 6, 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 April 6, 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.
Want to Apply for a Loan
or the First Time?
Want to Apply for a Loan
for the Second Time and Beyond?
Check Loan Application/ Repayment Schedule
Frequently Asked Questions (FAQs)
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
- International University of UNITAR (UNITAR)
- Tun Abdul Razak University (UniRazak)
Yes, if you are pursuing studies at:
- Multimedia University (MMU)
- Universiti Tenaga Nasional (UNITEN)
- Petronas University of Technology (UTP)
- International University of UNITAR (UNITAR)
- Tun Abdul Razak University (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 Cancellation and Rejection Form
for the PTPTN Education Loan Offer 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 must have settled 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 The Loan Application Result
Loan Application
Printing of Approval
Letter Offer.
Frequently Asked Questions (FAQs)
Submission of offer documents must be made at the respective HEI 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).
Disbursement of Education Loans
Disbursement of Education Loans
- 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 IPTs; 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 tuition fees. The loan amount will be directly credited to the student’s account according to the semester, subject to confirmation from the IPTs. Any inquiries related to the deduction of tuition fees should be referred to the respective IPT.
Frequently Asked Questions (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 you have paid WPP).
The loan disbursement to students for the following semester is based on the following conditions:
Currently studying actively on every approved level, courses and IPTs;
Passed previous semester with Great Point Average (GPA) of 2.0 and above.
No. The loan disbursement is based on the total loan including fee charges.
No. The education loan disbursement will only be issued until you graduate, either until you graduate earlier or according to the usual study period. The loan repayment is based on the total loan received, including the fee charged.
No. The disbursement of the education loan will be credited directly only to the student’s personal account.
Borrowers need to fill in a Loan Cancelation Form, 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, you can. You are allowed if you have finished paying for the previous loan in the same level of study. However, PTPTN will consider a second loa for a higher level of education, even though the previous loan has not been fully settled.
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 Of The Situation :
| IPTA and Polytechnic Students | ||
|---|---|---|
| Study Semester Example | PNG/ GPA | Payment Status |
Semester 1 | < 2.0 | Paid |
Semester 2 | 2.0 dan ke atas | Paid |
Semester 3 | < 2.0 | Not paid based on Semester 1 exam |
Semester 4 | 2.0 dan ke atas | Paid |
Semester 5 | 2.0 dan ke atas | Not paid based on Semester 3 exams |
Semester 6 | 2.0 dan ke atas | Paid |
| IPTS Students | ||
|---|---|---|
| Study Semester Example | PNG/ GPA | Payment Status |
Semester 1 | < 2.0 | Paid |
Semester 2 | 2.0 dan ke atas | Not paid based on Semester 1 exam |
Semester 3 | < 2.0 | Paid |
Semester 4 | 2.0 dan ke atas | 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.
