PTPTN Loan Repayments From 2013 – May 2019 According To Age Group

Education Minister Maszlee Malik told Parliament PTPTN loan repayments made according to age group.

 

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)

 

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