PTPTN loan payment reduced to RM50/month. It seems the government is getting more attentive to the many student problems now. Recent announcement from the government is PTPTN loan payment reduced to RM50/month. This certainly will helps to reduce the burden faced by many newly graduated student.
Students, who have taken loans from the National Higher Education Fund Corporation (PTPTN), can settle their dues for as low as RM50 per month.
Borrowers may also negotiate on loan payment terms.
PTPTN was disappointed that students who have succeeded in getting employment have still failed to repay their loans and ignored reminder notices.
As of February, PTPN has helped 1.95 million students by providing them a loan amount of RM43.6 billion.