Skip to main content

PTPTN: How to close SSPN account?

PTPTN SSPNThe National Education Savings Scheme (Skim Simpanan Pendidikan Nasional, SSPN) was designed especially by the National Higher Education Fund Corporation to enable guardians or parents to save for the purpose of the higher education of their children. Previously, it was compulsory to open an SSPN account to apply for Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) study loan. This rule has been abolished since two years ago.

Update 14/9/2011: SSPN account is compulsory again to apply for PTPTN from 2012 onwards.

But for those who have opened and deposited money into the SSPN account, how would one close the SSPN account and get back the money deposited? Personally speaking, the whole process is very troublesome and frustrating and might even take up to a few months to close it and get back the money especially if you apply for the matching grant (Tuntutan Geran Sepadan).

The documents that you need to prepare to close your SSPN account:
  • SSPN account closing form
  • Copy of depositor's MyKad (verified by official)
  • Copy of SSPN card (verified by official)
Submit your form and documents to PTPTN service counter at One Stop Center, KL Sentral or any PTPTN agents below:
  • Bank Simpanan Nasional
  • CIMB Bank Berhad
  • Agro Bank
  • Bank Kerjasama Rakyat Malaysia Berhad
  • Bank Islam Malaysia Berhad
  • Maybank
Wait and follow up by calling to PTPTN (PTPTN Hotline: 03 2080 4455). This is the most frustrating part as you have no way to track the progress of the account closure. Wish you all the best!


Pre-University, Undergraduate & Postgraduate Scholarship Offers

  1. 23 April 2017: UEM Group Local Foreign Universities Scholarship for SPM Leavers
  2. 30 April 2017: Dermasiswa Program Pembiayaan Pendidikan Tunas Potensi
  3. 30 April 2017: Biasiswa Yayasan AFS Antarabudaya Malaysia (YABM) Scholarship for Form 5 Students Apply AFS Program
  4. 30 April 2017: Biasiswa Bank Negara Malaysia Undergraduate (Honours) Scholarships
  5. 30 April 2017: Biasiswa Bank Negara Malaysia Postgraduate (Master & PhD) Scholarships
  6. 2 May 2017: Biasiswa MREPC Local Undergraduate Scholarship Awards
  7. 2 May 2017: MREPC Scholarship Awards for Graduate Diploma of Rubber Technology
  8. 3 May 2017: The Astro Scholarship Award for Pre-University / Foundation / Diploma / Undergraduate
  9. 3 May 2017: The Astro Postgraduate Scholarship Awards for MBA & Data Science
  10. 3 May 2017: Skim Prihatin Pendidikan 1Malaysia (SPP1M) 1Malaysia Education Care Scheme
  11. 8 May 2017: Sarawak Energy Berhad Scholarships for Sarawakians
  12. 22 May 2017: Biasiswa JPA: Penawaran Program Penajaan 9A+ SPM 2016
  13. 30 May 2017: Biasiswa Yayasan Tun Suffian Cambridge Scholarship Awards
  14. 18 June 2017: Penang Future Foundation (PFF) Undergraduate Scholarship
  15. 30 June 2017: Biasiswa OCBC Bank Malaysia Local Undergraduate Scholarships
  16. 31 December 2017: Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) Discount on Repayment
  17. Open throughout the year: Maxis What’s Next Scholarship for Postgraduate Degree/Diploma Programme
  18. Open throughout the year: Biasiswa Karangkraf Scholarship Education Fund
  19. Open throughout the year: Amcorp Study Grant for ACCA Qualification in Collaboration with Yayasan Azman Hashim Foundation
  20. 36 Scholarships for IPTA Undergraduate Students
  21. Throughout the year: Intel Malaysia Scholarships