16th July 2019 - 1 min read
(Image: The Borneo Post)
The National Higher Education Fund Corporation (PTPTN) had collected RM6.23 billion of loan repayments from 1.13 million borrowers of various age group from 2013 to May 2019, Education Minister Maszlee Malik told the Dewan Rakyat (15 July).
Paya Besar MP Mohd Shahar Abdullah asked Maszlee for the state of repayment of PTPTN loan according to age group in the Parliament. Below are the loan repayments made from 2013 up until May 2019 according to age group.
Age Group | Number of Borrowers | Amount |
20 – 29 | 642,410 | RM3.3 billion |
30 – 39 | 449,403 | RM2.65 billion |
40 – 49 | 33,047 | RM228.441 million |
50 – 59 | 2,531 | RM16.148 million |
60 and above | 80 | RM3.67 million |
(Image: The Borneo Post)
The Education Minister was also inquired of a new policy to prompt the loan repayment. Besides, Maszlee was asked whether previous strategies and policies would be re-implemented by the ministry.
Last week, the Housing and Local Government Minister Zuraida Kamaruddin announced that PTPTN defaulters listed in the CCRIS could even get a loan for their first home.
(Source: Malay Mail)
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