Perbadanan Tabung Pendidikan Tinggi Nasional
National Higher Education Fund Corporation, abbreviated PTPTN is an authority responsible for giving study loans to students pursuing tertiary education in Malaysia. This agency is under Ministry of Education.
The PTPTN's Chairman is Wan Saiful Wan Jan, former chief executive of the Institute for Democracy and Economic Affairs, ex-Pakatan Harapan candidate for Pendang.PTPTN Repayment Exemption
Eligibility
- Candidates are required to obtain a bachelor's degree with first class honours.
- 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.
- Candidates must submit the complete application within twelve months from the date of the convocation.
Criticism of PTPTN
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, which is a Bank Negara Malaysia database system that stores financial records of Malaysian borrowers. Defaulters also run the risk of being barred from leaving the country altogether.
