Ptptn Loan Amount For Degree

What if i default on my ptptn loan.

Ptptn loan amount for degree. Perbadanan tabung pendidikan tinggi nasional tingkat bawah menara ptptn blok d megan avenue ii no 12 jalan yap kwan seng 50450 kuala lumpur. The loan offered by ptptn includes loan insurance to cover the loan issued in the event of the borrower s death. You ve slogged long and hard to obtain your diploma or degree and you ve finally graduated. This is determined by the applicant s monthly household nett income and number of dependants.

03 2193 1263 e aduan. You will exempted from paying your ptptn loan if you obtained your bachelor degree with first class honour. Rm0 74 per year on each rm1 000 disbursed for loans received in 2012 and later. Remember that securing a ptptn loan doesn t mean that all your financial woes are over.

However if you took on a ptptn loan it s time to square your shoulders and begin the process of repaying your loan as early as 12 months from graduating and if you re able to start paying earlier you won t be charged interest for that time period. Will i be able to get a full loan. 03 2193 3000 faks. Therefore the insurance deduction will be as such.

Beginning this november the loan amount for students attending public institutions will be reduced by 5 while borrowers from private institutions will now get loan amounts that are 15 lower. The borrower is required to pay the entire loan debt or total delinquency including all costs incurred before their name is removed from the blacklist. You will be eligible to borrow a maximum of rm12 750 per year refer to column b1 or a total loan amount of rm51 000 for a 4 year pharmacy degree. Ptptn shall appoint the insurance company and deduct the payment for the insurance coverage from the total loan approved.

Ptptn loans are divided into three categories full partial and tuition fees only. The national higher education fund corporation ptptn has announced that it will reduce the amount of money available for new student loans. The premium paid for insurance coverage will be deducted before the loan amount is disbursed into the designated cimb savings. The actual loan amount is determined according to the tuition fees only but not exceeding the maximum amount specified.

Perbadanan tabung pendidikan tinggi nasional tingkat bawah menara ptptn blok d megan avenue ii no 12 jalan yap kwan seng 50450 kuala lumpur. This is to protect the loan amount taken based on the study period and loan repayment period. You will be responsible for repaying the total amount disbursed by ptptn including other costs such as fees insurance coverage and duty stamp as stated in your ptptn loan letter of offer.