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PTPTN: Terms, Suspencion and Termination of Loan

PTPTN Education LoanAnnouncement on June 17: The Higher Education Fund Corporation (PTPTN) will automatically withdraw loans from students scoring Cumulative Grade Point Average (GPA) lower than 2.0.

Terms of Loans
Students are eligible to apply for education loans if they fulfill the following conditions:
  • Malaysian citizens;
  • Not exceeding 45 years of age on date of application;
  • Passed Malaysia Certificate of Education (SPM) with credits in any 3 subjects;
  • Passed SPM for Community College Certificate and Polytechnic Diploma graduates with CGPA 3.0 and above;
  • IPTA/IPTS/Polytechnic students must register to pursue courses approved by the IPT Management Department (IPTA/IPTS)/Polytechnic Management Department and Community College of the Ministry of Higher Education;
  • IPTS students must obtained the Accreditation Certificate from the Malaysian Qualifications Agency (MQA). The course and Accreditation Certificate approval period must still be valid on the date of application;
  • All students must possess entry requirements determined by the Ministry of Higher Education to pursue the course. For students with qualifications that differ from that stipulated, verification that the said qualification is equivalent to the required qualification must be obtained from departments or agencies specified as above;
  • The remaining period of study upon application must exceed one year; and
  • Have no other sponsor.
Suspension of Loan Payment
The payment of loans will be suspended for a particular semester for the following reasons:
  • A student obtains a GPA of less than 2.0.
  • A student defers studies.
Termination of Loan
Loan payment will be terminated when students fail to continue their studies in their fields of study or in the IPT specified during application for the loan. Students are required to repay the amount obtained from PTPTN for the duration of their studies as specified in the loan agreement. Appeals to defer payment or re-scheduling must be submitted to PTPTN if the students cannot repay the amount borrowed.