National Higher Education Fund Corporation ( ms, Perbadanan Tabung Pendidikan Tinggi Nasional), abbreviated PTPTN, is an authority responsible for giving study

loans In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that de ...

students A student is a person enrolled in a school or other educational institution. In the United Kingdom and most commonwealth countries, a "student" attends a secondary school or higher (e.g., college or university); those in primary or elementary ...

pursuing

tertiary education Tertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education. The World Bank, for example, defines tertiary education as including univers ...

in Malaysia. This agency is under

Ministry of Higher Education {{Unreferenced, date=March 2019, bot=noref (GreenC bot) A Ministry of Higher Education is a government department that focuses on the provision or regulation of institutions of higher education. In some countries these exist as ministries compounde ...

. The former PTPTN chairman was

Wan Saiful Wan Jan Wan Saifulruddin bin Wan Jan ( ms, وان سيفرودين بن الوان جان, label= Jawi, script=arab, italic=unset; born 20 June 1975), better known as Wan Saiful Wan Jan, is a Malaysian politician who has served as the Member of Parliament ...

, former chief executive of the

Institute for Democracy and Economic Affairs The Institute for Democracy and Economic Affairs (IDEAS) is a Malaysian think tank dedicated to promoting solutions to public policy challenges. It was founded on 8 February 2010. IDEAS is headquartered at Jalan Hang Lekir, Kuala Lumpur. His ...

and

Pakatan Harapan The Alliance of Hope ( ms, Pakatan Harapan; abbrev: PH; stylized as HARAPAN) is a Malaysian political coalition consisting of centre-left political parties which was formed in 2015 to succeed the Pakatan Rakyat coalition. It has been the r ...

(PH) candidate for

Pendang The Pendang District is a town, a district and a parliamentary constituency in Kedah, Malaysia. The district is primarily covered with paddy fields with agriculture being its main economic activity. Pendang town is about 20 km from state ca ...

federal seat in the 2018 general election serving from June 2018 to June 2022. The new government led by

Anwar Ibrahim Anwar bin Ibrahim ( ms, انور بن ابراهيم, label= Jawi, script=arab, italic=unset, IPA: ; born 10 August 1947) is a Malaysian politician who has served as the 10th Prime Minister of Malaysia since November 2022. He served as the 12 ...

decided that there would be no more political appointments in any government agency causing the chairman position held by Apli Yusof who was appointed by the former government to be vacant immediately, he is the current head of UMNO Kuala Nerus division.

PTPTN Repayment Exemption

Eligibility

* Candidates are required to obtain a bachelor's degree with

first class honours The British undergraduate degree classification system is a grading structure for undergraduate degrees or bachelor's degrees and integrated master's degrees in the United Kingdom. The system has been applied (sometimes with significant variati ...

. * Candidates have attained a full-time course. * Candidates have completed their studies within the designated time-frame as stated in PTPTN's agreement letter. * Candidates have completed their studies in the designated course as stated in PTPTN's agreement letter. * The course attended is accredited by

Malaysian Qualifications Agency The Malaysian Qualifications Agency (MQA; ms, Agensi Kelayakan Malaysia) is a statutory body in Malaysia set up under the Malaysian Qualifications Act 2007 to accredit academic programs provided by educational institutions providing post secon ...

. * Candidates must submit the complete application within twelve months from the date of the convocation.

Criticism of PTPTN

Free Education Proposal

Some parties, particularly the opposition parties and student organizations want higher education for free and abolish PTPTN agency. Several demonstrations have been made including a meeting with the government. The government will not make education free for some reason Beginning 2015, hardcore PTPTN loan defaulters have been listed inside Central Credit Reference Information System (CCRIS), which is a

Bank Negara Malaysia The Central Bank of Malaysia (BNM; ms, Bank Negara Malaysia) is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya (''Bank Negara Tanah Melayu''), its main purpose is to issue currency, act as banker and ad ...

(BNM) database system that stores financial records of Malaysian borrowers. Defaulters also run the risk of being barred from leaving the country altogether.

References

External links

Official website of the PTPTN
* Federal ministries, departments and agencies of Malaysia Educational organisations based in Malaysia Government agencies established in 1997 1997 establishments in Malaysia Ministry of Higher Education (Malaysia) {{Malaysia-gov-stub