Over 79,000 eligible for PTPTN loan repayment forgiveness | Daily Express Online

Over 79,000 eligible for PTPTN loan repayment forgiveness

Published on: Saturday February 26, 2022

By: Bernama

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Photo credit: FB Dato’ Dr Noraini Ahmad.

BATU PAHAT: A total of 79,873 students are eligible for loan repayment relief from the National Higher Education Fund Corporation (PTPTN) involving an allocation of RM2.06 billion nationwide as of January 31 this year. Higher Education Minister Datuk Seri Dr. Noraini Ahmad said of the total, 11,287 borrowers were from Johor, implying a total allocation of RM294 million. She said that PTPTN grants loan repayment exemption to borrowers in family categories B40 and M40 who obtain a first class bachelor’s degree.

“With this initiative, eligible PTPTN borrowers do not have to repay their loans. “Through this initiative, it also clearly shows the government’s concern to help Malaysian families in the B40 and M40 groups to access higher education and ease their finances during the Covid-19 pandemic,” he said. she said in a statement on Friday. Earlier, she presented the PTPTN Loan Repayment Waiver Approval Letter for Borrowers who obtained First Class Bachelor Degree to two recipients at their respective residences in Batu Pahat.

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The two recipients are former Universiti Teknologi Mara (UiTM) student Shah Alam Sayyida Aisya Azira Hady Purnama who received a refund waiver of RM9,980. Aishah Hanis Abdul Majid, alumnus of International Islamic University Malaysia (Kuantan Campus, Pahang), was granted a refund waiver of RM19,960.
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