20 pct PTPTN loan repayment discounts for 3 months starting March 1

Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) logo
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By Ling Hui

KUCHING, Feb 24: The Federal government has agreed to provide a loan repayment discount of up to 20 per cent to National Higher Education Fund Corporation (PTPTN) borrowers for three months starting March 1, 2023.

Prime Minister-cum-Finance Minister Datuk Seri Anwar Ibrahim said this when tabling the revised Budget 2023 in Parliament today.

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Meanwhile, PTPTN borrowers with a monthly income of RM1,800 and below are allowed to defer their loan repayments for a period of six months.

“Application for this postponement can be made from March 1, 2023,” said Anwar. — DayakDaily

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