LOAN
The Preliminary Loan Amount IPTA and Polytechnic
Introduction
The Preliminary Loan Amount (WPP) of RM1,500.00 is provided for student preparation before enrolling in IPTA and Polytechnic institutions.
Terms of Granting WPP
Terms of Granting WPP
The student has agreed to accept the WPP.
The student is a Malaysian citizen.
The parents/guardian/student is a recipient of Rahmah Cash Contribution (STR).
The student is offered full-time Diploma or Bachelor's Degree studies at public universities and polytechnics only.
The student does not have any outstanding WPP debt.
WPP Redemption Method
WPP Redemption Method
The WPP offer letter can be printed from the official PTPTN Portal.
The offer letter is valid for 2 months from the date of issuance.
The WPP offer can only be redeemed by the student at any Bank Islam counter by bringing the following documents:
- The WPP offer letter printed from the official PTPTN Portal,
- The student's MyKad (Representative is not allowed).
WPP is a portion of the loan provided as an advance to students before enrolling in IPT. An automatic deduction of RM500.00 per semester from the total PTPTN loan amount will be made upon loan approval.
Check and Print
The Preliminary Loan Amount (WPP)?
Frequently Asked Questions (FAQs)
The Preliminary Loan Amount (WPP) is an advance payment of RM1,500 provided to eligible students before they enroll in an IPT (Higher Education Institution).
The conditions for WPP are:
The conditions for WPP are:
The student is a Malaysian citizen;
The parents/guardian/student is a recipient of the Rahmah Cash Contribution (STR);
The student is offered a Diploma or Full-Time Bachelor's Degree level of study at IPTA and Politeknik only;
- The student does not have any outstanding WPP debt.
The application method is based on the confirmation of agreeing to receive WPP, which is made during the application for entry into an IPT, either through the UPU portal or the IPT.
The status can be checked on the official PTPTN portal (www.ptptn.gov.my). Notifications through SMS and email are also made based on the mobile phone number and email address updated during the application for entry into IPT.
WPP can be redeemed by the student at any Bank Islam counter by bringing the following documents:
WPP offer letter printed from the official PTPTN portal (www.ptptn.gov.my);
The student's MyKad (Representative is not allowed).
WPP can be redeemed within two (2) months from the date of the WPP offer letter.
Example:
- WPP Offer Letter Date: August 27, 2019.
- WPP Offer Letter Redemption Period: From August 27, 2019 to October 27, 2019.
No. Consideration for the provision of WPP is only given to guardians/students who receive STR.
No. WPP is part of the loan given as an advance payment before students enroll in IPT. A deduction of RM500.00 per semester from the PTPTN loan amount will be made automatically when the loan is approved.
The situations that do not allow a student to repay the WPP are as follows:
- The student does not continue their studies in the offered IPT.
- The student does not continue their studies in the offered course.
If the WPP has been repaid, the student is required to repay the amount within eight (8) months from the end of the warrant period. A Ta'widh of 1% per annum will be imposed on the outstanding balance starting from the 9th month from the warrant expiration date.
The document that needs to be included if a student loses their MyKad is a temporary identification card issued by the National Registration Department (JPN).
No. WPP cannot be redeemed if the printed offer letter is incomplete with the NRIC number or offer number information. Students are required to print a new WPP offer letter and ensure that the NRIC number/offer number information is complete.
Yes, but the student needs to provide other supporting documents such as a driver's license, birth certificate, or offer letter to the IPT.
Yes, it can. Students are required to pay off WPP first and then fill in a deposit form to transfer the amount to their savings account.
