PTPTN | Malaysia’s No.1 Higher Education Website

<img src="https://api.afterschool.com.my/storage/uploads/postimages/7caaf4081edd008938886f1821719b0701856113.jpg" style="width: 751px;" class="fr-fic fr-dib">To those of you who are pursuing a diploma at IPTS and want to apply for WPP, here are some common questions that are often asked by IPTS diploma students about WPP, who is eligible to apply, how to apply, how to cash WPP, is WPP like giving zakat for pocket money before starting studies and while waiting for the PTPTN loan to be approved and so on. For your information, this is PTPTN's latest initiative that offers WPP to diploma students at IPTS. Usually, WPP is only offered to students in public universities and polytechnics only.1. What is the meaning of the WPP offer initiative to B40 IPTS diploma students?This initiative means that WPP is extended to B40 students who are pursuing full-time diploma studies at IPTS.2. What is a Loan Advance (WPP)?Loan Advance (WPP) is a loan advance of RM1,500 given to eligible students.3. Who is eligible for this initiative?Students must be Malaysian Citizens;-Students must apply for WPP after submitting a loan application on the PTPTN Official Portal (www.ptptn.gov.my)-Students must register for semester 1 at IPTS from February 2021 for full -time diploma studies only;-Guardians of students/ students must be Recipients of People's Subsistence Assistance (BSHR); andNo PTPTN loan debt4. How to apply for WPP?Students need to apply at the PTPTN Official Portal (www.ptptn.gov.my) from 1 to 15 days before the month of student registration at IPTS (first group).&nbsp;5. What is the method of checking the status of WPP application?Checks can be made on the PTPTN Official Portal (www.ptptn.gov.my) from 9 days of the month following the application. Alerts will also be made via email.&nbsp;6. What is the WPP fulfillment method?WPP can be cashed by students at any Bank Islam counter by bringing the following documents:WPP offer letter printed from the PTPTN Official Portal (www.ptptn.gov.my); and Student MyKad (Representatives are not allowed&nbsp;7. When is the WPP fulfillment period?WPP can be paid within two (2) months from the date of the WPP offer letter.Example:<ol><li>Date of WPP Offer Letter: 09 February 2021.</li><li style="text-align:justify;">Period of WPP Offer Letter Fulfilled: From 09 Feb 2021 to 09 April 2021.</li></ol>&nbsp;8. Is there any appeal for WPP if the guardian and student are not recipients of Bantuan Sara Hidup Rakyat (BSHR)?No appeal will be considered.9. Is WPP provided for free?No. WPP is part of the loan given as an advance in preparation for students to enroll in IPT. A deduction of RM500.00 per semester from the PTPTN loan amount will be made automatically when the loan is approved. Can click WPP refund info.10. What are the situations that do not allow students to complete WPP?Situations that do not allow students to fulfill WPP are as follows:<ol><li style="text-align:justify;">Students do not continue their studies at the IPT offered; and</li><li style="text-align:justify;">Students do not continue their studies in the program offered.</li></ol>&nbsp;If the WPP has been fulfilled, the student is required to repay the amount within eight (8) months from the date of expiry of the offer letter. Ta'widh of 1% per annum will be imposed on the outstanding balance from the 9th month from the expiry date of the offer letter.11. What documents need to be attached if a student loses my MyKad?The document that needs to be attached in case of loss of MyKad is a Temporary Identity Card issued by the National Registration Department (JPN).&nbsp;12. Can WPP be cashed if the printed offer letter is not complete with the information of Identity Card Number/ Warrant Number?It can't be. Students are required to reprint the new WPP offer letter and ensure that the Identity Card Number/ Warrant Number information is complete.&nbsp;13. If the student's fingerprint fails to be scanned, can the WPP be cashed?Yes, but students need to include other supporting documents such as a driving license, birth certificate, or offer letter to the IPT.&nbsp;14. Can WPP be transferred to a student's Bank Islam savings account?Yes. Students are required to pay the WPP first and then fill in the deposit form to the savings account.Those who want to get complete information related to PTPTN loans can click<a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">&nbsp;PTPTN loan info, PTPTN application, PTPTN application guide, PTPTN Advance Money, PTPTN loan repayment, how to repay PTPTN loans, and comparison of PTPTN loans with other loans such as state government loans, loans Maybank, people's bank loan.</a>&nbsp;Hope this information helps!

Frequently Asked Questions About PTPTN Advances (WPP) for B40 IPTS Students

<img src="https://api.afterschool.com.my/storage/uploads/postimages/6d048d7109450e033ab5449aebb58c33c6fee342.jpg" style="width: 751px;" class="fr-fic fr-dib">&nbsp;1. What is a Loan Advance (WPP)?Loan Advance (WPP) is an advance of RM1,500 given to eligible students before they register at IPT.&nbsp;2. What are the requirements of WPP?The conditions of WPP are:&nbsp;Guardians of students/ students must be Recipients of People&#39;s Subsistence Assistance (BSHR);Malaysian;Students are offered studies for the Diploma or Bachelor&#39;s Degree level on a full-time basis at Public Universities &amp; Polytechnics; andNo WPP debt&nbsp;3. How is the application method to get WPP?The application method is based on the confirmation of acceptance of WPP made during the application for admission to IPT, that is, either through the UPU Portal or IPT.&nbsp;4. How to check the status of WPP application?Checks can be made on the official portal of PTPTN (www.ptptn.gov.my) from around June each year. Notifications via SMS and email are also made based on mobile phone numbers and email addresses updated during the application for admission to IPT.&nbsp;5. What is the WPP fulfillment method?WPP can be cashed by students at any Bank Islam counter by bringing the following documents:WPP offer letter printed from PTPTN&#39;s official portal (www.ptptn.gov.my);Student MyKad (Representatives are not allowed)&nbsp;6. When is the WPP fulfillment period?WPP can be paid within two (2) months from the date of the WPP offer letter.Example:Date of WPP Offer Letter: 27 August 2021.Period of WPP Offer Letter Fulfilled: From 27 August 2021 to 27 October 20217. Is there any appeal for WPP if the guardian and student are not recipients of Bantuan Sara Hidup Rakyat (BSHR)?None. Consideration for granting WPP is only given to guardians of students/ students who receive People&#39;s Subsistence Assistance (BSHR) only.&nbsp;8. Is WPP provided for free?No. WPP is part of the loan given as an advance 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.&nbsp;9. What are the situations that do not allow students to complete WPP?Situations that do not allow students to fulfill WPP are as follows:Students do not continue their studies at the IPT offered.Students do not continue their studies in the courses offered.If the WPP has been fulfilled, the student is required to repay the amount within eight (8) months from the expiry date of the warrant. Ta&#39;widh of 1% per annum will be imposed on the outstanding balance from the 9th month from the date of expiry of the warrant&nbsp;10. What documents need to be attached if a student loses my MyKad?The document that needs to be attached in case of loss of MyKad is a Temporary Identity Card issued by the National Registration Department (JPN).&nbsp;11. Can WPP be fulfilled if the printed offer letter is not complete with the information of Identity Card Number/ Warrant Number?It can&#39;t be. Students are required to reprint the new WPP offer letter and ensure that the Identity Card Number/ Warrant Number information is complete.&nbsp;12. If the student&#39;s fingerprint fails to be scanned, can the WPP be cashed?Yes, but students need to include other supporting documents such as a driving license, birth certificate, or offer letter to the IPT&nbsp;13. Can WPP be transferred to a student&#39;s Bank Islam savings account?Yes. Students are required to pay the WPP first and then fill in the deposit form to the savings account.Those who want to get complete information related to <a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article">PTPTN loans can click PTPTN loan info, PTPTN application, PTPTN application guide, PTPTN Advance Money, PTPTN loan repayment, how to repay PTPTN loans, and comparison of PTPTN loans with other loans such as state government loans, loans Maybank, people&#39;s bank loan.</a>&nbsp;Hope this article helps!

Frequently Asked Questions on Loan Advances (WPP)

<img src="https://api.afterschool.com.my/storage/uploads/postimages/6205f3e654652b4cf569e6ab7f6504f6a9b01b69.jpg" style="width: 659px;" class="fr-fic fr-dib">1. What is the COVID -19 Post -Vaccination Protection Campaign?The COVID-19 Post-Vaccination Protection Campaign is a collaboration between PTPTN and Hong Leong Insurance/Takaful where a total of RM300,000 has been allocated to provide protection to Malaysians against complications or effects experienced after receiving the vaccine thus encouraging Malaysians to take the vaccine controlling the transmission of COVID-19 disease.2. When is the duration of the COVID -19 Post -Vaccination Protection Campaign?The campaign period runs from May 30 to August 31, 2021.&nbsp;3. Who is eligible to participate in the COVID -19 Post -Vaccination Protection Campaign?All Malaysians aged 18 to 65 who open a new SSPN-i Plus account and receive the vaccine during the campaign period are eligible to participate in this campaign.&nbsp;4. What are the benefits of protection provided in the COVID-19 Post-Vaccination Protection Campaign?Two (2) protection benefits are provided, namely:Allowance for hospitalization due to complications after vaccination of RM100 per day (maximum up to 7 days); andDeath benefit due to complications after vaccination of RM5,000 per person.These coverage benefits (a) and (b) apply within a period of 30 days from the date of receipt of the vaccine until 30 September 2021 or any earlier date.5. Do depositors need to make additional payments to obtain COVID-19 post-vaccination coverage benefits?No. This protection benefit is provided free of charge to depositors who open a new SSPN-i Plus account during the campaign period.&nbsp;6. Do depositors need to apply for COVID-19 post-vaccination coverage benefits?Yes. Depositors need to apply on the Hong Leong MSIG Takaful Official Portal at the following link:<a href="https://www.hlmtakaful.com.my">www.hlmtakaful.com.my</a>&nbsp;7. How long is the coverage period given?The coverage period is given for 30 days from the date of receipt of the vaccine until 30 September 2021 or any earlier date or until the RM300,000 fund has been used up.Example:8. Are depositors who open an account and receive the vaccine outside of the campaign period eligible to claim the COVID-19 post-vaccination protection benefit?Not deserved. The opening of a new account must be opened during the campaign period from 30 May 2021 to 31 August 2021.9. Are depositors who opened a new account during the campaign period but have received the vaccine outside the campaign period eligible to claim the COVID-19 post-vaccination protection benefit?Eligible if the vaccine is received within the coverage period until 30 September 2021 or until the RM300,000 fund has been used up.Example:Depositors open a new account on 31 August and receive the vaccine on 15 September 2021. The deposit coverage period is only 15 days from 15 September to 30 September only.10. Is a waiting period required to obtain the benefits of COVID-19 post-vaccination protection?No waiting period is required to obtain this additional coverage.&nbsp;11. Are there limits on the types of vaccines that are eligible to receive the COVID-19 post-vaccination protection benefits?No. All types of COVID-19 vaccines that have been approved by the Malaysian government are eligible to receive the benefits of COVID-19 post-vaccination protection.&nbsp;12. Is there a claim period on COVID-19 post-vaccination coverage benefits?No claim period is set. Consideration will be given depending on the earliest claim received limited to RM300,000 of funds allocatedAll information provided is accurate and up to date until 18 June 2021. Any further information will be updated from time to time. Any further questions, please contact:Call Center (Careline) at 03 2193 3000.Live chat on PTPTN Portal (www.ptptn.gov.my)Submit inquiries at the eAduanPTPTN link.&nbsp;Those who want to get complete information related to PTPTN loans can click <a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article">PTPTN loan info, PTPTN application, PTPTN application guide, PTPTN Advance Money, PTPTN loan repayment, how to repay PTPTN loans, and comparison of PTPTN loans with other loans such as state government loans, loans Maybank, people&#39;s bank loan.</a>&nbsp;Hope this article helped!

COVID -19 Post -Vaccination PTPTN Protection 

The amount of money that PTPTN provides vary according to your financial background and also how much your programme costs. Don&rsquo;t feel bad if you didn&rsquo;t get what you expected because you need to remember, the more PTPTN gives you, the longer the time it will take you to pay them back. How much can you expect to get: full, half or tuition fees only? Read on to find out.&nbsp;<h2>PTPTN Categories</h2><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39528/59d71b1ecc43b." name="Picture 11" class="fr-fic fr-dii" align="bottom" height="301" width="602" border="0"><blockquote>PTPTN&rsquo;s category is divided according to the applicant&rsquo;s financial background - Image via Blue Diamond Gallery</blockquote>PTPTN base their amount given, on which category you fall under, whether it&rsquo;s A, B or C.<ul><li>A (Household income is below RM4,000 and BR1M recipient (name is in BR1M database): 100% of maximum amount</li><li>B (Household income is below RM8,000, but above RM4,000) : 75% of maximum amount</li><li>C (Household income is above RM8,000): 50% of maximum amount</li></ul>&amp;&nbsp;So most of you may know ask, &ldquo;I understood all that, but what do you mean by maximum amount?&rdquo; Well, good question keen observer. The maximum amount is dependent on what type of course you study and what type of university you study that in. For example, Student No.1 studying Pharmacy at an IPTS would have a different maximum amount compared to Student No.2 studying Education at an IPTA. Here is the list of the maximum amount based on the course and type of university.<h2>Get the Overall PTPTN Loan Amount Details here:</h2><h3>Full-time studies</h3><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39528/20520494432018026293ptptn shit.jpg" name="Picture 12" class="fr-fic fr-dii" align="bottom" height="400" width="800" border="0"><blockquote>If you are still confused, please scroll above to re-check with category you fall under. Remember, it is based on household income.</blockquote><h3>Part-time studies</h3><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39528/879196588922754393ptppn.jpg" style="width: 100%;" class="fr-fic fr-dib">For more information on everything PTPTN, just check out the links below:<a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ppbu-vs-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PPBU vs PTPTN : Which One is Better?</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Will Receive From PTPTN in Two Steps</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/how-to-use-the-ptptn-direct-debit-system-list-of-associated-banks?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How To Use The New PTPTN Direct Debit System &amp; List Of Associated Banks</a><a href="https://afterschool.my/ptptn-guides/repaying-your-ptptn-loan?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">8 Questions about Repaying Your PTPTN Loan</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Owe PTPTN</a>To find out more scholarships and courses, click <a href="https://afterschool.my/scholarship?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">here</a> and <a href="https://afterschool.my/course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">here</a>.Afterschool.my is Malaysia&rsquo;s no 1 higher education website that provides helpful information on courses, institutions and scholarships for students transitioning from secondary school to university level.

How much can you expect to get from a PTPTN loan: full, half or tuition fees only? That depends on several factors like parents income and course of study.

How Much Loan Does PTPTN offer?

Now that many of you have been accepted into Diploma programmes, you may apply to <a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article">PTPTN</a>. But some of you may not even be aware of this. To those who are aware, there may be some grey areas that are filled with doubt. So let us explain to you how PTPTN works, right from the requirements all the way to paying them back, and everything in between.<h2>What is PTPTN Loan?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/f17bbe50f04f76245873816c91d85203bf848a31.jpg" class="fr-fic fr-dib">Image via outofthesandbox.comThe PTPTN&nbsp;Education Loan Scheme was established with the purpose of providing educational loans to students studying in Higher Education Institutions locally. These loans will enable students to finance a full or partial tuition fee and living cost during the study period, thus, opening up more opportunities for all students to pursue higher education.<h2>What are the Minimum Requirements?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/6863c42e8f16ccd756c689ba1b751de93c922950.jpg" class="fr-fic fr-dib">Image via SELECCIÓN DE LA HUERTA DIGITAL on Flipboard.comMany already know&nbsp;<a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article">PTPTN's requirements</a> by now, but for those of you who don't, here is a gentle reminder:<ul><li>You are a Malaysian citizen</li><li>You are aged 45 years and below</li><li>You must already have an offer to study at an institution of higher learning (both public and private institutions - colleges, universities and polytechnics are accepted)</li><li>The course that you are pursuing is approved and accredited by MQA (<a href="https://afterschool.my/articles/how-to-check-if-your-course-is-accredited-by-mqa?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Check if your course is accredited by MQA</a>)</li><li>The remaining period of your study must not be less than one year</li><li>You have no other sponsors</li><li>You must have an SSPN-i savings account before sending in your application</li></ul><h2>What courses do they cover?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/d9db59b3876c54572d5335964b9fbb20e06d865a.jpg" class="fr-fic fr-dib">Image via nytimes.comPTPTN covers many courses, which we have listed down just below. However, if you do have to ask, PTPTN does not cover private pre-university courses such as A-Levels, AUSMAT/SACE, Matriculation and the like. Moving onwards to the good bit (please note the type of institution they have listed down):<ul><li>Diploma (Full-time): IPTA, Politeknik dan IPTS</li><li>Diploma (Part-time): IPTA, Politeknik dan IPTS*</li><li>Diploma (PJJ): IPTA</li><li>Advanced Diploma: IPTA dan Politeknik</li><li>First Degree (Full-time): IPTA dan IPTS</li><li>First Degree (Part-time): IPTA dan IPTS*</li><li>Masters (Full-time/Part-Time/PJJ): IPTA</li><li>PhD (Full-time/Part-time/PJJ): IPTA</li><li>Professional Courses (Full Time/Part-time/PJJ): IPTA</li></ul>* Education Loans are prioritised for students in UNITEM, UNITAR, Wawasan Open University and Asia e University.<h2>How much do they sponsor?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/ca96ae67ae4e9e575f9bd15ec109d8a13fa9b3bc.jpg" class="fr-fic fr-dib">Image via pexels.comAccording to PTPTN, the amount given is based on three categories. You guys cab refer to the table below:&nbsp;<img src="https://api.afterschool.com.my/storage/uploads/postimages/cc48cc2ec833ab293d7e0b895e8a7fb7622bd9cb.jpg" class="fr-fic fr-dib">Most of you may now ask, "I understood all that, but what do you mean by maximum amount?". Well, good question, keen observer. The maximum amount is dependent on what type of course you study and what type of university you study that in. For example, Student A studying Pharmacy at an IPTS would have a different maximum amount compared to Student B studying Education at an IPTA. Here is the list of the maximum amount based on the course and type of university.For full-time studies:<img src="https://api.afterschool.com.my/storage/uploads/postimages/2e7511c817f27d2873a05fffb979ca065f950377.jpg" class="fr-fic fr-dib">Part-time studies:<img src="https://api.afterschool.com.my/storage/uploads/postimages/21e109d34588179623cd2f1e41a4d60d8b804c20.jpg" class="fr-fic fr-dib">Note: If you are still confused, please scroll above to re-check with the category you fall under. Remember, it is based on household income.&nbsp;<h2>What exemptions are there? Will I have to pay the whole amount back?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/53352a025462f4e2d5dd2a302a356563850dc39a.jpg" class="fr-fic fr-dib">Image via rvshare.netPTPTN waiver will only be eligible for First Class Honour students that come from M40 and B40 families.Do note however that First Class Honours may differ from university to university, so make sure you check with your counsellors so that you know what to aim for. Generally, however, First Class Honours typically requires you to have at least&nbsp;CGPA of 3.67/4.00, or higher.<h2>What about the repayment? How do I do that? When do I have to do that?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/a3a31b4ec7f9585b076d696fda675db1535a2a74.jpg" class="fr-fic fr-dib">Image via tuition.ioAs far as PTPTN goes, you will need to start making payments 12&nbsp;months after you graduate, with or without notice from PTPTN. Evidently, many have failed to note the very important statement, with the news of droves of people being blacklisted coming to light in recent times. The time allotted for an individual to complete the repayment depends on the amount borrowed.<ul><li>Less than RM10,000: 5 years</li><li>RM10,000-RM22,000: 10 years</li><li>RM22,000-RM50,000: 15 years</li><li>&gt;RM50,000: 20 years</li></ul>The structure of the repayment schedule is also dependent on your financial ability to repay your loan. In fact, the repayment schedule can be extended up until you're 60 years old but with an interest fee. If you're facing difficulties, visit one of the PTPTN offices and talk to their employees who may help you in settling.&nbsp;<h2>How to apply for&nbsp;<a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article">PTPTN Loan</a>?</h2><img src="https://api.afterschool.com.my/storage/uploads/postimages/77f608d4c3016f22db692fa6db8fcf3a444f77e6.jpg" class="fr-fic fr-dib">Image via spireoptout.comTo <a href="https://afterschool.my/ptptn-guides?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article">apply for a PTPTN Loan</a>, just follow these 5 Simple steps:<ul><li>Open an SSPN-i account — you can do this at any PTPTN counters, or at Maybank, Bank Islam, BSN, CIMB Bank, Agrobank or Bank Rakyat.</li><li>Open a savings account at a panel bank — you will need to open a savings account with a specific bank based on your choice of institution (IPTS panel banks; IPTA panel banks)</li><li>Buy a PTPTN number from Bank Simpanan Nasional (BSN) — this will cost you RM5 and is valid for six months</li><li>Head to PTPTN’s website to apply online: <a href="http://www.ptptn.gov.my/gateway/" rel="noopener noreferrer" target="_blank">http://www.ptptn.gov.my/gateway</a></li><li>Complete the application form carefully based on the instructions</li></ul>Confused? Then feel free to check out our other PTPTN guides:<a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ppbu-vs-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PPBU vs PTPTN : Which One is Better?</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/australian-degrees-in-malaysia/can-you-apply-for-ptptn-if-you-re-in-a-twinning-programme-?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Can You Apply for PTPTN If You’re in a Twinning Programme?</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Will Receive From PTPTN in Two Steps</a><a href="https://afterschool.my/ptptn-guides/ptptn-2018-deadlines-for-every-course-and-every-institution-released?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN 2020 Deadlines for Every Course and Every Institution Released</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/deadlines-for-ptptn-online-applications-at-every-ua-ipts-for-every-course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Deadlines for PTPTN Online Applications at Every UA &amp; IPTS for Every Course</a><a href="https://afterschool.my/ptptn-guides/how-to-use-the-ptptn-direct-debit-system-list-of-associated-banks?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How To Use The New PTPTN Direct Debit System &amp; List Of Associated Banks</a><a href="https://afterschool.my/ptptn-guides/repaying-your-ptptn-loan?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">8 Questions about Repaying Your PTPTN Loan</a><a href="https://afterschool.my/ptptn-guides/how-much-loan-does-ptptn-offer?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How Much Loan Does PTPTN offer?</a><a href="https://afterschool.my/news/check-much-owe-ptptn/?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Owe PTPTN</a>

Now that many of you have been accepted into Diploma programmes, you may apply to PTPTN. Therefore, let us explain to you how PTPTN works, right from the requirements all the way to paying them back, and everything in between.

PTPTN Guide 2022 | How to apply PTPTN 2022 | PTPTN Loan Requirement

PTPTN Guide 

While every student wants a scholarship, in any shape or form, not everyone will receive one. The reality is, that while you can try to apply as many as you want (and you should, if you meet the requirements), sometimes, it may not work out. However, don&rsquo;t be discouraged. While it is indeed demotivating, there is another option of course, and that would be an educational loan. In Malaysia, the two famous ones are Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) and Yayasan Bank Rakyat&rsquo;s Pembiayaan Pendidikan Boleh Ubah (PPBU). Here, we will dissect and compare to two, and give you detailed breakdown as to which will be best suited for you and your needs.&nbsp;<h2>What it is?</h2>PTPTN and PPBU both have different objectives although their job is to provide financial assistance to students.<h4>PTPTN</h4>The&nbsp;PTPTN&nbsp;Education Loan Scheme was established with the purpose of providing educational loans to students studying in Higher Education Institutions locally. These&nbsp;loans will enable students to finance a full or partial tuition fees and living costs during the study period, thus, opening up more opportunities for all students to pursue higher education.<h4>PPBU</h4>PPBU on the other hand, is offered to tertiary level education from Skills Certificate, Diploma, Bachelor&rsquo;s Degree, Professional, Master&rsquo;s Degree, and Doctorate (PH.D) to deserving Malaysian. Its aim is to aid the social and economic development of Malaysians by enabling bright but needy students to receive undergraduate education at local Public OR Private Higher Learning Institutions and Training Institutes in the country on a full-time basis.<img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/73611/1106960285Untitled design (56).png" style="width: 500px;" class="fr-fic fr-dib" alt="books"><h2>What are the Minimum Requirements?</h2>The fundamental requirements for PTPTN and PPBU loan applications is that students must be a Malaysian citizen.<h4>PTPTN</h4>Many already know&nbsp;PTPTN&lsquo;s requirements by now, but for those of you who don&rsquo;t, here is a gentle reminder:<ul><li>You are a Malaysian citizen</li><li>You are aged 45 years and belowYou must already have an offer to study at an institution of higher learning (both public and private institutions, including colleges, universities and polytechnics, are accepted)</li><li>The course that you are pursuing is approved and accredited by MQA</li><li>The remaining period of your study must not be less than one year</li><li>You have no other sponsors</li><li>You must have an SSPN-i savings account before sending in your application</li></ul><h4>PPBU</h4>Applicant&#39;s Eligibility<ul><li>Is open to the poor and underprivileged Malaysians regardless of race, religion &amp; ethnicity.</li><li>Qualified to a FULL-TIME STUDY at local Public OR Private Higher Education Institutions and Training Institute recognized by the Government of Malaysia.</li><li>Only fields of studies which are recognized by the Public Services Department (JPA) / Malaysian Qualifications Agency (MQA) / Malaysian Vocational Training Council (NVTC) / Government Agencies (Malaysia) concerned and acknowledged by the Board of Trustees of YBR.</li><li>NOT less than 18 years old during application and accepting the study offer.</li><li>Confirmation of admission from the public OR private University OR Training Centre.</li></ul>Specific RequirementsFor Doctorate / PHD:&nbsp;<ul><li>NOT exceeding 50 years upon graduation for Doctorate &amp; PHD.</li><li>Applicants must hold a Masters Degree qualification with CGPA of 3.00 and above.</li><li>Duration of study 3 years / 6 Semester.</li></ul>For Masters Degree:<ul><li>NOT exceeding 45 years upon graduation for Masters Degree.</li><li>Applicant must hold a Bachelor&#39;s Degree with CGPA of 3.00 and above.</li><li>Duration of study 2 Years / 4 Semester.</li></ul>For Degree:<ul><li>NOT exceeding 30 years old upon graduation.</li><li>Applicant must hold a Diploma with a minimum CGPA of 3.0 or Matriculation with a minimum CGPA of 3.0 or Sijil Tinggi Pelajaran Malaysia (STPM) with a minimum CGPA of 3.0 or Sijil Tinggi Agama Malaysia (STAM) with a Jayyid Jiddan or Mumtaz qualification that is equivalent to STPM.</li><li>Duration of study 4 years / 8 Semester.</li></ul>For Diploma:<ul><li>NOT exceeding 30 years old upon graduation.</li><li>Applicant must have SPM (Sijil Pelajaran Malaysia) qualification with a minimum grade of 5A.</li><li>Duration of study 3 years / 6 Semester.</li></ul>For Skills Diploma (Diploma Kemahiran):<ul><li>NOT exceeding 30 years old upon graduation.</li><li>Should at least have attained OR currently holding level 2 OR &ndash; other Skill Certificate need at least a passed in their SPM (with 2 Credits and Bahasa Malaysia subject) OR applicant must obtained Skill Certificate with a minimum of CGPA 2.75 and above.</li><li>Duration of study 3 years.&nbsp;</li></ul>For Skills Certificate (Sijil Kemahiran):<ul><li>NOT exceeding 30 years old upon graduation.</li><li>Should at least passed in their SPM (with 2 Credits and Bahasa Malaysia subject).</li><li>Duration of study Level 1 to Level 3 (Depends on institutions).</li></ul><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/73611/935501894Untitled design (57).png" class="fr-fic fr-dib" style="width: 500px;" alt="study"><h2>What courses do they cover?</h2>PTPTN covers any field from a specific course but PPBU only has specific fields they can cover.<h4>PTPTN</h4>PTPTN covers many courses, which we have listed down just below. However, if you do have to ask, PTPTN does not cover private pre-university courses such as A-Levels, AUSMAT/SACE, Matriculation and the like. Moving onwards to the good bit (Please note the type of institution they have listed down) :<ul><li>Diploma (Full-time): IPTA, Politeknik dan IPTS</li><li>Diploma (Part-time): IPTA, Politeknik dan IPTS*</li><li>Diploma (PJJ): IPTA</li><li>Advanced Diploma: IPTA dan Politeknik</li><li>First Degree (Full-time): IPTA dan IPTS</li><li>First Degree (Part-time): IPTA dan IPTS*</li><li>Masters (Full-time/Part-Time/PJJ): IPTA</li><li>PhD (Full-time/Part-time/PJJ): IPTA</li><li>Professional Courses (Full Time/Part-time/PJJ): IPTA</li></ul>Education Loans are prioritised for&nbsp;students in UNITEM, UNITAR, Wawasan Open University and Asia E University.&nbsp;<h4>PPBU</h4>Open to all fields of study. except for Medical and Aviation (License) courses.Priority is given to the following fields of study:<ol><li>Accounting</li><li>Banking</li><li>Business Management</li><li>Human Resources</li><li>Economy</li><li>Media Communication</li><li>Law</li><li>Actuarial Science</li></ol>Doctorate PHD, Masters Degree, Professional Studies, Bachelor Degree and Diploma in all fields of study.Malaysian Skills Certificate (SKM) recognized by National Vocational Training Council (NVTC) and other Skills Certificate is recognized by the related Malaysian Government Agencies.&nbsp;<h2>How much do they sponsor?</h2>PTPTN&rsquo;s amount given is based on the household income of the applicant while PPBU&rsquo;s is based on their course of study.Please note that we will talk about the discounts/exemptions for both PTPTN &amp; PPBU later, so don&rsquo;t worry, we didn&rsquo;t forget.<h4>PTPTN</h4>PTPTN&nbsp;base their amount given, on which category you fall under, whether it&rsquo;s A, B or C.<ul><li>A (Household income is below RM4,000 and BR1M recipient (name is in BR1M database): Maximum amount</li><li>B (Household income is below RM8,000, but above RM4,000) : 75% of maximum amount</li><li>C (Household income is above RM8,000): 50% of maximum amount</li></ul>So most of you may know ask, &ldquo;I understood all that, but what do you mean by maximum amount?&rdquo; Well, good question keen observer. The maximum amount is dependent in what type of course you study and what type of university you study that in. For example, Student No.1 studying Pharmacy at an IPTS would have a different maximum amount compared to Student No.2 studying Education at an IPTA. Here is the list of the maximum amount based on the course and type of university.&nbsp;<h4>PPBU</h4>PPBU&nbsp;on the other hand gives out maximum amounts based on the level of study you apply for.<ul><li>PhD: Up to RM55,800 (3 years)&nbsp;</li><li>Masters: Maximum of RM 12,000 annually&nbsp;</li><li>Bachelor&rsquo;s Degree: Maximum of RM9,500 annually (UiTM &amp; Politeknik only RM6, 500)</li><li>Diploma: Maximum of RM7, 500 annually (UiTM &amp; Politeknik only RM5, 000)&nbsp;</li><li>Skills Diploma: Up to RM30,000 (3 years)</li><li>Skills Certificate: Maximum of RM30,000 (2 years)</li></ul><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/73611/17554045699b972c0463398e273f47d3d2a274c676.png" class="fr-fic fr-dii" style="width: 500px;" alt="loan calculator"><h2>What exemptions are there? Will I have to pay the whole amount back?</h2><h4>PTPTN</h4>PTPTN waiver will only be eligible for First Class Honour students that come from M40 and B40 families.&nbsp;<h4>PPBU</h4>PPBU&nbsp;has an extensive breakdown of discounts given to those who do well. Below is the list of ranges of CGPA achieved compared to the discount you will receive.<img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/73611/877049264ppbu discount incentive.JPG" style="width: 100%;" class="fr-fic fr-dib" alt="cgpa discount">&nbsp;<h2>What about the repayment? How do I do that? When do I have to do that?</h2><h4>PTPTN</h4>As far as PTPTN goes, you will need to start making payments 12&nbsp;months after you graduate, with or without notice from PTPTN. Evidently, many have failed to note the very important statement, with the news of droves of people being blacklisted coming to light in recent times. The time allotted for an individual to complete the repayment depends on the amount borrowed.<ul><li>Less than RM10,000: 5 years</li><li>RM10,000-RM22,000: 10 years</li><li>RM22,000-RM50,000: 15 years</li><li>&gt;RM50,000: 20 years</li></ul>The structure of the repayment schedule is also dependent on your financial ability to repay your loan. In fact, the repayment schedule can be extended up until you&#39;re 60 years old but with an interest fee. If you&#39;re facing difficulties, visit one of the PTPTN offices and talk to their employees who may help you in settling.&nbsp;<h4></h4><h4>PPBU</h4>PPBU&nbsp;have a slightly different method.&nbsp;Upon graduation, students are required to submit their full academic transcripts along with a letter to the office of graduation YBR through e-mail or post. Repayment to PPBU&nbsp;is done via two methods, namely either&nbsp;through internet banking (i-rakyat) or in any branch of Bank Rakyat.&nbsp;Postponement of repayment will only be allowed if the student is accepted to pursue their studies at a higher level and for approved reasons which are subject to the discretion of Yayasan Bank Rakyat.&nbsp;<h2>How to apply?</h2><h4>PTPTN</h4>To apply to&nbsp;PTPTN, just follow these&nbsp;5 Simple steps<ul><li>Open a SSPN-i account &mdash; you can do this at any PTPTN counters, or at Maybank, Bank Islam, BSN, CIMB Bank, Agrobank or Bank Rakyat.</li><li>Open a savings account at a panel bank &mdash; you will need to open a savings account with a specific bank based on your choice of institution (IPTS panel banks; IPTA panel banks)</li><li>Buy a PTPTN number from Bank Simpanan Nasional (BSN) &mdash; this will cost you RM5, and is valid for 6 months</li><li>Head to PTPTN&rsquo;s website to apply online: http://www.ptptn.gov.my/gateway</li><li>Complete the application form carefully based on the instructions</li></ul><h4>PPBU</h4>To <a href="https://www.yayasanbankrakyat.com.my/">apply to PPBU</a>, please click on HERE.&nbsp;<h2>Winner</h2><h4><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/73611/5b9a10dc0428c." name="Image1" class="fr-fic fr-dii" align="bottom" height="284" width="602" border="0" alt="baskets"></h4><blockquote>At the end of the day, the decision is entirely up to you according to what you want and need - Image via pixabay.com</blockquote>And the winner is &hellip;&hellip;&hellip;. you of course! Both the PPBU and PTPTN have its pros and cons. It is really up to the student to think and decide which one is better suited to what they want to achieve. Having two different options though is definitely a win for students all over Malaysia.<a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ptptn-guide-2017?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Guide 2020</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/australian-degrees-in-malaysia/can-you-apply-for-ptptn-if-you-re-in-a-twinning-programme-?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Can You Apply for PTPTN If You&rsquo;re in a Twinning Programme?</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Will Receive From PTPTN in Two Steps</a><a href="https://afterschool.my/ptptn-guides/ptptn-2018-deadlines-for-every-course-and-every-institution-released?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN 2020 Deadlines for Every Course and Every Institution Released</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/deadlines-for-ptptn-online-applications-at-every-ua-ipts-for-every-course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Deadlines for PTPTN Online Applications at Every UA &amp; IPTS for Every Course</a><a href="https://afterschool.my/ptptn-guides/how-to-use-the-ptptn-direct-debit-system-list-of-associated-banks?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How To Use The New PTPTN Direct Debit System &amp; List Of Associated Banks</a><a href="https://afterschool.my/ptptn-guides/repaying-your-ptptn-loan?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">8 Questions about Repaying Your PTPTN Loan</a><a href="https://afterschool.my/news/check-much-owe-ptptn/?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Owe PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-much-loan-does-ptptn-offer?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How Much Loan Does PTPTN offer?</a>

With the emergence of Yayasan Bank Rakyet's PPBU, many have now started to wonder whether it's better than PTPTN. Today, we compare them both and help you decide which one is best, PTPTN or PPBU.

PPBU v PTPTN : Which One is Better?

Once you have graduated, you need to repay your loan and for PTPTN borrowers, you have until 12 months to do so. Unfortunately, not many students know how to check the balance they owe. It&rsquo;s very important to repay your loan in order to prevent from getting blacklisted. Once you&rsquo;re blacklisted, you are barred from travelling overseas and you are unable to open a new bank account until you&rsquo;ve pay your loan. Checking how much you own PTPTN is not difficult.<blockquote>In order to check your balance, you need to click on the link given and key in your IC number</blockquote><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/74137/1744140958semak.JPG" style="width: 100%;" class="fr-fic fr-dib">We still get questions regarding how students can check how much they owe PTPTN. Even with numerous PTPTN branches being opened up across the country, they have gone one step further to ensure that students can check their statements with ease and in the privacy of their very own homes. How, you ask? Well, all you have to do is <a href="https://www.ptptn.gov.my/semakanpinjaman/" rel="noopener noreferrer" target="_blank">click on this link</a> , key in your IC number into the blank space, and presto,you will need to log in with your IC number once more along with your password.&nbsp;<img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/74137/7815636semak 2.JPG" style="width: 100%;" class="fr-fic fr-dib">If this fails, then give 03-2193 3000 a call during office hours.To find out more scholarships and courses, click <a href="https://afterschool.my/scholarship?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">here</a> and <a href="https://afterschool.my/course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">here</a>.For more links:<a href="https://afterschool.my/ptptn-guides/ptptn-guide-2017?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Guide</a><a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ppbu-vs-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PPBU vs PTPTN : Which One is Better?</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Will Receive From PTPTN in Two Steps</a><a href="https://afterschool.my/ptptn-guides/ptptn-2018-deadlines-for-every-course-and-every-institution-released?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN 2020 Deadlines for Every Course and Every Institution Released</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/deadlines-for-ptptn-online-applications-at-every-ua-ipts-for-every-course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Deadlines for PTPTN Online Applications at Every UA &amp; IPTS for Every Course</a><a href="https://afterschool.my/ptptn-guides/how-to-use-the-ptptn-direct-debit-system-list-of-associated-banks?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How To Use The New PTPTN Direct Debit System &amp; List Of Associated Banks</a><a href="https://afterschool.my/ptptn-guides/repaying-your-ptptn-loan?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">8 Questions about Repaying Your PTPTN Loan</a><a href="https://afterschool.my/ptptn-guides/how-much-loan-does-ptptn-offer?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How Much Loan Does PTPTN offer?</a>Afterschool.my is Malaysia&rsquo;s no 1 higher education website that provides helpful information on courses, institutions and scholarships for students transitioning from secondary school to university level.

We still receive questions regarding PTPTN, especially how to check how much you still owe. Well, use this link and you'll find out in just one click.

How to Check How Much You Owe PTPTN

<h4>Receiving money feels great, but all loans need to be paid back eventually.&nbsp;</h4><h4><img class="aligncenter size-full wp-image-72888 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d4c57c2.jpg" alt="" width="800" height="400"></h4>Image via US DOEHere are things you need to know about repaying PTPTN for the study opportunity:<h4>1. When should I start paying back the loan?</h4><h4><img class="aligncenter size-full wp-image-72889 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d4d887a.jpg" alt="" width="800" height="400"></h4>Image via John Walker - FlickrDo start paying off the instalments for the PTPTN loan 12 months after your graduation date.Especially for the recipients who accepted the ujrah conversion, your repayment period will be set in accordance to your loan balance.You will be paying for the total amount disbursed by PTPTN, including other costs such as fees, insurance coverage, Duty Stamp and miscellaneous payments as stated in the Letter of Offer.<h4>2. What if I need more time to pay back the loan?</h4><h4><img class="aligncenter size-full wp-image-72891 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d4ea111.jpg" alt="" width="800" height="400"></h4>Image via PixabayYou may request to postpone paying back your PTPTN loan if you fall under one of these categories:<ol><li>You have completed prior study and resumed full time study at a higher level. You will be eligible to a deferment period for the duration of the new course of study.</li><li>You are attending a twinning program studies on a 2+1 or 2+2 basis which requires you to continue your studies overseas.</li><li>You have extended your study period. You will be eligible to a deferment period for the duration of the period of extension permitted by the IPT.</li><li>You have completed your studies and is out of work. The maximum period allowed is 24 months from the date of your first repayment.</li><li>You have received other sponsorships. The deferment can only be considered after you have fully settled the overlapping amount. You will be eligible to a deferment period for the duration of your study.</li><li>You are currently facing legal action against yourself. Deferment only can be considered once the legal cost has been settled.</li></ol>Recipients who are not included in the above categories, will not be considered for deferment.A fee will be imposed for the duration of the deferment; the period of postponement will be determined by PTPTN and will only be considered after Ujrah conversion.<h4>3. How do I apply for the payment deferment?</h4><h4><img class="aligncenter size-full wp-image-72892 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d50607c.jpg" alt="" width="800" height="400"></h4>Image via Blue Diamond GalleryYou can get the official letter or deferment application form which may be obtained through the<a href="https://www.ptptn.gov.my/images/fail/borang_ptptn/borang_byrn_blk/brg-prmhnn-pnngghn-byrn-blk-pnjmn-pnddkn.pdf"></a><a href="https://www.ptptn.gov.my/images/fail/borang_ptptn/borang_byrn_blk/brg-prmhnn-pnngghn-byrn-blk-pnjmn-pnddkn.pdf"> PTPTN official portal </a>or&nbsp;here.The required documents are as follows:(i) The recent letter of offer from a tertiary institution stating the actual completion date of study; or(ii) Letter of unemployment verified by an authorized Officer as determined by PTPTN or surat akuan tidak bekerja(ii) Recent EPF statement; or verification Letter from EPF confirming the recipient has yet to make any contributions.Note :a) The required documents for recipient who are still studying are items (i).b) The required documents for recipient who are still out of work are items (ii) until (iii).<h4>4. Can I choose not to pay back my PTPTN loan?</h4><h4><img class="aligncenter size-full wp-image-72894 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d513e72.jpg" alt="" width="800" height="400"></h4>Image via Images Money - FlickrYES but only if&nbsp;you complete your Degree with First Class Honours and your family household income is in the B40 or M40 group. This mean you will be exempted from paying back your PTPTN loan, which means you essentially received a full scholarship!Do note however that First Class Honours may differ from university to university, so make sure you check with your counsellors so that you know what to aim for. Generally, however, First Class Honours typically requires you to have at least&nbsp;CGPA of 3.67/4.00, or higher.<h4>5. What is the interest rate?</h4><h4><img class="aligncenter size-full wp-image-72896 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d52824a.jpg" alt="" width="800" height="400"></h4>Image via Creative Common ImagesThe interest rate is 1.00% per annum and is in effect following the 6 month grace period immediately after graduation. However, those who settle the loan in full prior to this 6 month grace period will not be charged any administrative cost.<h4>6. What happens if I fail to repay my loan?</h4><h4><img class="aligncenter size-full wp-image-72898 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d536ca2.jpg" alt="" width="800" height="400"></h4>Image via Blue Diamond GalleryPTPTN applies penalties to borrowers who fail to repay their loan on time.Delinquent borrowers will be given up to 3 reminders and afterwards PTPTN will blacklist these delinquent borrowers. The blacklisted people will be prohibited from going abroad, and not be permitted to renew your passport.<h4>7. What will happen if I discontinue or cancel my PTPTN loan?</h4><h4><img class="aligncenter size-full wp-image-72899 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d547322.jpg" alt="" width="800" height="400"></h4>Image via PixabayBorrowers who have failed, discontinued, changed course or obtained other sponsors have to pay off the lump-sum amount of their loan. Installment method will not be offered for this kind of case.<h4>8. So how much do I need to pay back?</h4><h4><img class="aligncenter size-full wp-image-72900 fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d5564d0.jpg" alt="" width="800" height="400"></h4>Image via PixabayPTPTN has provided an online calculator complete with interest and service fees included in the formula to help you figure this out.<a href="https://www.ptptn.gov.my/loancalc/loancalc-ujrah.jsp" rel="noopener noreferrer" target="_blank">Ujrah loan calculator</a> is for loans converted to an Ujrah repayment system with only 1% service fee included.<a href="https://afterschool.my/ask?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank"><img class="aligncenter wp-image-52760 size-full fr-fic fr-dii" src="https://api.afterschool.com.my/storage/uploads/images/getadvice/39587/59e964d567005.jpg" alt="Ask a question" width="600" height="200"></a>For more information on everything PTPTN, just check out the links below:<a href="https://afterschool.my/ptptn-guides/ptptn-guide-2017?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Guide 2020</a><a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ppbu-vs-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PPBU vs PTPTN : Which One is Better?</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Will Receive From PTPTN in Two Steps</a><a href="https://afterschool.my/ptptn-guides/ptptn-2018-deadlines-for-every-course-and-every-institution-released?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN 2020 Deadlines for Every Course and Every Institution Released</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/deadlines-for-ptptn-online-applications-at-every-ua-ipts-for-every-course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Deadlines for PTPTN Online Applications at Every UA &amp; IPTS for Every Course</a><a href="https://afterschool.my/ptptn-guides/how-to-use-the-ptptn-direct-debit-system-list-of-associated-banks?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How To Use The New PTPTN Direct Debit System &amp; List Of Associated Banks</a><a href="https://afterschool.my/ptptn-guides/how-much-loan-does-ptptn-offer?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How Much Loan Does PTPTN offer?</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Owe PTPTN?</a>

A list of questions that PTPTN borrowers should be asking about repaying their PTPTN loan. It is also important to learn about borrowers' options.

8 Questions about Repaying Your PTPTN Loan, here is what you need

8 Questions about Repaying Your PTPTN Loan

While PTPTN seem to be clamping down on borrowers who have yet to pay them back for the loans they have shelled out, with many ending up being black-listed, in actual fact, they have taken numerous steps to ensure that those involved are given every incentive to make those repayments. Some students aren&rsquo;t aware how they go about making these payments, some aren&rsquo;t aware how to check their balances, and some aren&rsquo;t aware about PTPTN at all. It comes as incredible news that PTPTN have now launched an online direct debit system, an arrangement they have meted out with a staggering number of banks.&nbsp;<h4>List of associated banks</h4><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/74292/121905997banks ptptn directdebit.JPG" name="Picture 1" class="fr-fic fr-dii" align="bottom" height="301" width="602" border="0"><blockquote>The list of banks above enables an additional 10% discount for PTPTN borrowers to repay their loans</blockquote>There will be an additional 10% discount for those who opt for this new method to repay their loans. You may use the online direct debit system if you have an account in any of the following banks:<h4>Local Banks:</h4><ul><li>Bank Islam</li><li>CIMB Bank</li><li>CIMB Islamic Bank</li><li>Bank Rakyat</li><li>Maybank</li><li>Maybank Islamic Bank</li><li>Public Bank</li><li>Public Islamic Bank</li><li>RHB Bank</li><li>RHB Islamic Bank</li><li>Hong Leong Bank</li><li>Hong Leong Islamic Bank</li><li>Affin Bank</li><li>AmBank</li></ul><h4>International Banks:</h4><ul><li>HSBC</li><li>OCBC Bank</li><li>OCBC Al - Amin</li><li>Standard Chartered</li><li>Standard Chartered Saadiq</li><li>Deutsche Bank</li></ul><h4>You need to register first</h4><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/74292/59d488bae2c21." name="Picture 2" class="fr-fic fr-dii" align="bottom" height="252" width="602" border="0"><blockquote>Go to this website to register for the PTPTN direct debit online repayment then follow the steps below</blockquote>Interested? Well, for those of you who are, these are the THREE steps you need to take to avail to this mode of repayment:1. Register at the <a href="https://www.ptptn.gov.my/direct_debit/direct_debit.html" rel="noopener noreferrer" target="_blank">Direct Debit website</a>2. Verify your bank information at the PTPTN Online Payment Gateway3. Receive your receipt of payment and PRINT your &lsquo;Akaun Penerimaan Permohonan Direct Debit&rsquo;<h4>How to make the transactions</h4><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/74292/59d488baf32f4." name="Picture 3" class="fr-fic fr-dii" align="bottom" height="301" width="602" border="0"><blockquote>You need to have a SSPN-i savings account in order to make the transaction</blockquote>It&rsquo;s that simple! Once you have done that, here is how to make transactions via the PTPTN Direct Debit Online system:1. Have a Current or Savings (Semas/Simpanan) Account in any of the following banks listed and&nbsp;register for their online banking services.2. Have a Loan (Bayar Balik Pinjaman) or Savings (SSPN-i Deposit) account at PTPTN.3. For Loan (Bayar Balik Pinjaman) accounts, you need to know the type of account, as to whether it is a Islamik loan (Ujrah), or a Conventional (Konvensional) loan.4. Click Apply to Direct Debit Loan (Mohon Direct Debit Pinjaman) to check the type of loan account and make the repayment.5. Click Apply to Direct Debit SSPN-i (Mohon Direct Debit SSPN-i) to check your savings balance and increase your deposit.6. Successful transactions will be updated in the form of a bank statement (penyata pinjaman/simpanan) within three (3) working days.7. Any questions or complaints may be directed to the PTPTN Customer Service Hotline or their Complaints (iCare).&nbsp;All the best to everyone in settling their loans! For more information on everything PTPTN, just check out the links below:<a href="https://afterschool.my/ptptn-guides/ptptn-guide-2017?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Guide</a><a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ppbu-vs-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PPBU vs PTPTN : Which One is Better?</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-to-check-how-much-you-will-receive-from-ptptn-in-two-steps?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Will Receive From PTPTN in Two Steps</a><a href="https://afterschool.my/ptptn-guides/ptptn-2018-deadlines-for-every-course-and-every-institution-released?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Deadlines for Every Course and Every Institution Released</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/deadlines-for-ptptn-online-applications-at-every-ua-ipts-for-every-course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Deadlines for PTPTN Online Applications at Every UA &amp; IPTS for Every Course</a><a href="https://afterschool.my/ptptn-guides/repaying-your-ptptn-loan?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">8 Questions about Repaying Your PTPTN Loan</a><a href="https://afterschool.my/news/check-much-owe-ptptn/?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Owe PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-much-loan-does-ptptn-offer?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How Much Loan Does PTPTN offer?</a>

Learn all about PTPTN's new method to settle your loans, an Online Direct Debit System. Is your bank on the list?

How To Use The PTPTN Direct Debit System & List Of Associated Banks

How To Use The New PTPTN Direct Debit System & List Of Associated Banks

There are a number of things in life which will always remain a mystery to many - why do socks always disappear when you put them in the washing machine? How do some people stuff their faces, yet never seem to put on an ounce of weight? And the big one &ndash; how much will a student receive from PTPTN?<img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/76954/5ad5701a198fb.jpg" style="width: 100%;" class="fr-fic fr-dib">PTPTN has become a bastion of hope to budding students nationwide, providing them with an opportunity to gain a tertiary education even if they can&rsquo;t afford the stipulated tuition. The confusion however, lies in how much a student will receive were they to apply for PTPTN. How much will a student receive if they choose medicine? What about engineering? In actuality, it&rsquo;s a fairly simple task to determine exactly how much money you will get - mere two steps. Whether you&rsquo;re in a private or public university, read on so that you may plan ahead for life at university!&nbsp;<hr><h4>Step One: Determine your PTPTN Category</h4><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/76954/5ad5701a2857e.jpg" style="width: 100%;" class="fr-fic fr-dib">The first step involves checking what category you fall under, based on your household income. Household income refers to the total combined income of a family living under one roof. For example, if your father earns RM4,000 and your mother earns RM5,000, this would mean your total household income would be RM9,000. Get it? Good, now let&rsquo;s move on to the categorisations.<ul><li>Category A: Household income &gt;RM8,000 (not in the BR1M list)</li></ul>Eligible for&nbsp;50% of PTPTN loan<ul><li>Category B: Household income RM8,000 and BELOW&nbsp;(not in the BR1M list)</li></ul>Eligible for 75% of PTPTN loan<ul><li>Category C: Either the student or guardian is on the BR1M list</li></ul>Eligible for 100% PTPTN loan<hr><h4>Step Two: Determine your Course &amp; University</h4><img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/76954/5ad5701a3608e.jpg" style="width: 100%;" class="fr-fic fr-dib">Now that you know your category, you just need to determine what course you&rsquo;re applying for, and you&rsquo;ll get the magic number. A student who studies medicine, for example, would receive more per year versus a student studying mass communication. Additionally, if two different students study the same course but one opts to do so at a public and the other at a private university, they&rsquo;ll receive different amounts. Oh, and PTPTN does cover foundation programmes for select universities as well! Confused? Don&rsquo;t worry, just have a gander at the table below - the full list and determine how much you&rsquo;ll receive every year.<img src="https://api.afterschool.com.my/storage/uploads/images/getadvice/76954/5446072392018026293ptptn shit.jpg" style="width: 100%;" class="fr-fic fr-dib">To find out more scholarships and courses, click <a href="https://afterschool.my/scholarship?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">here</a> and <a href="https://afterschool.my/course?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">here</a>.For more information on PTPTN, click below:&nbsp;<a href="https://afterschool.my/ptptn-guides/ptptn-loan-a-complete-guide?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PTPTN Loan - A Complete Guide</a><a href="https://afterschool.my/ptptn-guides/ppbu-vs-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">PPBU vs PTPTN : Which One is Better?</a><a href="https://afterschool.my/ptptn-guides/foundation-programmes-in-ipts-eligible-for-ptptn-loan?utm_source=AFS&utm_medium=Article">Foundation Programmes in IPTS Eligible for PTPTN Loan</a><a href="https://studyabroad.afterschool.my/uk-degrees-in-malaysia/twinning-programmes-and-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">Twinning Programmes and PTPTN</a><a href="https://afterschool.my/ptptn-guides/when-do-i-apply-for-ptptn?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">When Do I Apply for PTPTN</a><a href="https://afterschool.my/articles/how-to-qualify-for-a-ptptn-loan-repayment-exemption?utm_source=AFS&utm_medium=Article?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Qualify for a PTPTN Loan Repayment Exemption</a><a href="https://afterschool.my/ptptn-guides/how-to-use-the-ptptn-direct-debit-system-list-of-associated-banks?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How To Use The New PTPTN Direct Debit System &amp; List Of Associated Banks</a><a href="https://afterschool.my/ptptn-guides/repaying-your-ptptn-loan?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">8 Questions about Repaying Your PTPTN Loan</a><a href="https://afterschool.my/news/check-much-owe-ptptn/?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How to Check How Much You Owe PTPTN</a><a href="https://afterschool.my/ptptn-guides/how-much-loan-does-ptptn-offer?utm_source=AFS&utm_medium=Article" rel="noopener noreferrer" target="_blank">How Much Loan Does PTPTN offer?</a>Afterschool.my is Malaysia&rsquo;s no 1 higher education website that provides helpful information on courses, institutions and scholarships for students transitioning from secondary school to university level.

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