11th June 2026 - 2 min read
The National Higher Education Fund Corporation (PTPTN) has allocated RM60.1 million in loan advance payment assistance to 40,099 new diploma students entering public universities and polytechnics for the June 2026 intake. Each eligible student will receive RM1,500 to help cover initial expenses upon enrolment.
The advance is available to Malaysian students whose parents or guardians are recipients of Sumbangan Tunai Rahmah (STR). Students must also have opted in during their admission application through UPUOnline or their respective university portals. If you did not opt in at that stage, the advance is no longer available for this intake as it must be selected at the point of application.
The advance is a loan, not a grant. It counts toward the student’s overall PTPTN borrowing and will need to be repaid alongside any education loan taken. Since the scheme was introduced in 1999, a total of 999,838 students have benefited, with allocations amounting to RM1.48 billion as of 30 April 2026.
Students can check their offer status through the myPTPTN app and redeem the facility at any Bank Islam Malaysia Berhad branch nationwide starting 10 June 2026.
Redemption requires the offer letter and a valid MyKad. The offer is valid for two months, until 9 August 2026.
The RM1,500 advance is intended to cover early costs such as registration fees and initial living expenses. For students who need more, a full PTPTN education loan can be applied for online through the myPTPTN app, following the application dates set by each institution. Applicants are required to have a Simpan SSPN account, which can be opened through the same app.
Students from low-income families identified through e-Kasih, a government database tracking lower-income households, may also be eligible to have their PTPTN loans converted into scholarships under a Budget 2026 initiative.
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Iman writes about personal finance with curiosity. She is interested in the stories behind money, the hesitation around big decisions, and the small habits that shape financial futures. Off the clock, she is either dissecting a film or climbing her way up the leaderboard in her favourite games.
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