Why you should apply?

1. Low interest at 1% per year!

   If your total loan amount is RM 150,000 for a 5 years Medicine Degree, the 1% interest would be RM 1,500 per year. If you are able to pay back RM 150,000 to PTPTN in 10 years, the cumulated interest would be RM 15,000. If you are able to pay back RM 150,000 to PTPTN in 20 years, the cumulated interest would be RM 30,000.

2. Exempted from paying back your loan to PTPTN

   Don’t have to pay back your loan as long as you graduate with a First Class Bachelor’s Degree and your family household income is in the B40 group (

3. Lenient loan repayment

   You ought to return what you’ve borrowed. The good news is, there’s a grace period of 12 months after you complete your studies, so your repayment period only starts after the grace period. If you pay back all your loan within the grace period, there won’t be any interest charged, so you only pay back the amount you have borrowed.

   Repayment period for different courses as below:

   • Science degree – 240 months (20 years)
   • Arts degree – 180 months (15 years)
   • Diploma – 120 months (10 years)
   • Foundation – 60 months (5 years)
   
   

   Refer to samples below to better understand how loan repayment works:

   Sample 1

   • Course: 5 years degree (Medicine)
   • Category: >RM 8,000 monthly household income
   • Loan amount: RM 150,000 (RM 30,000/year x 5 years)
   • Loan repayment period: 20 years
   • Accumulated interest: RM 30,000 (RM 150,000 x 1% interest x 20 years)
   • Total loan repayment amount: RM 180,000 (RM 150,000 + RM 30,000)
   • Loan repayment per month: RM 750 (RM 180,000 ÷ 240 months)
   
   

   Sample 2

   • Course: 3 years degree (Arts)
   • Category: <RM 8,000 monthly household income
   • Loan amount: RM 30,200 (RM 10,200 x 3 years)
   • Loan repayment period: 15 years
   • Accumulated interest: RM 4,530 (RM 30,200 x 1% interest x 15 years)
   • Total loan repayment amount: RM 34,730 (RM 30,200 + RM 4,530)
   • Loan repayment per month: RM 192.95 (RM 34,730 ÷ 180 months)
   
   
4. Easy to apply

   There will be briefing and guidance provided by the university/college you enrolled in.

5. Easy to maintain

   As the loan is disbursed gradually by semester, you have to maintain a cgpa of 2.0 (cgpa 4.0 being the highest) to be eligible for the next disbursement. Should you fail to acquire cgpa 2.0, the disbursement will stop until you manage to get a cgpa 2.0.

6. Can apply again

   You can apply PTPTN loan again when you progress to Degree from Diploma/Foundation; you don’t have to start paying back the loan you’ve acquired during Diploma/Foundation studies simply by requesting PTPTN for a deferment of repayment.