PTPTN Loan Repayments From 2013 - May 2019 According To Age Group
Author Avatar

 

PTPTN Loan Repayments From 2013 - May 2019 According To Age Group(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)

 

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Top Personal Finance News Articles
Top Personal Finance News Articles
Post Image
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
ringgitplus
- 24th April 2024
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Astro 4K Ultra HD Broadcast To Be Available For Subscription By The End of This Year
Brian Chung
- 14th August 2018
By the end of 2018, Astro customers will be able to watch football matches in Ultra HD. Read on to know more about the 4k Ultra HD service.
Post Image
Best High Interest Savings Accounts In Malaysia (April 2024)
Pang Tun Yau
- 17th April 2024
Make your money work for you by depositing them into the best high-interest savings accounts in Malaysia!
Post Image
Historical EPF Dividend Rates
ringgitplus
- 4th March 2024
Ever wondered how this year's EPF dividend rate compares to previous years? We got you covered with our historical 11-year chart!

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image