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Perbadanan Tabung Pendidikan Tinggi Nasional

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National Higher Education Fund Corporation
Perbadanan Tabung Pendidikan Tinggi Nasional
AbbreviationPTPTN
Formation1 November 1997; 26 years ago (1997-11-01)
HeadquartersWisma Chase Perdana, Damansara Heights, Kuala Lumpur, Malaysia
Chairman
Shamsul Anuar Nasarah
Chief Executive
Wan Ahmad bin Wan Yusoff
AffiliationsMinistry of Education
Websitewww.ptptn.gov.my

National Higher Education Fund Corporation (Malay: Perbadanan Tabung Pendidikan Tinggi Nasional), abbreviated PTPTN is an authority responsible for giving study loans to students pursuing tertiary education in Malaysia. This agency is under Ministry of Education.

The PTPTN's Chairman is Shamsul Anuar Nasarah, member of the Malaysian Parliament for the seat of Lenggong in Perak.

PTPTN Repayment Exemption

Eligibility

  • Candidates are required to obtain a bachelor's degree with first class honours.
  • Candidates have attained a full-time course.
  • Candidates have completed their studies within the designated time-frame as stated in PTPTN's agreement letter.
  • Candidates have completed their studies in the designated course as stated in PTPTN's agreement letter.
  • The course attended is accredited by Malaysian Qualifications Agency.
  • Candidates must submit the complete application within twelve months from the date of the convocation.

Criticism of PTPTN

Free Education Proposal

Some parties, particularly the opposition parties and student organizations want higher education for free and abolish PTPTN agency. Several demonstrations have been made including a meeting with the government. The government will not make education free for some reason [1][2][3]

Beginning 2015, hardcore PTPTN loan defaulters have been listed inside Central Credit Reference Information System (CCRIS), which is a Bank Negara Malaysia database system that stores financial records of Malaysian borrowers. [4] Defaulters also run the risk of being barred from leaving the country altogether. [5]

References

  1. ^ "Free Higher Education : Making Education Accessible to All - The Rakyat Post". 27 December 2013.
  2. ^ http://www.thestar.com.my/News/Education/2013/02/17/The-need-to-fund-higher-education/
  3. ^ http://www.themalaysianinsider.com/bahasa/article/pendidikan-percuma-dengan-syarat-rakyat-bayar-cukai-tinggi-kata-nur-jazlan
  4. ^ "Don't run away, PTPTN exhorts loan defaulters". 22 July 2015.
  5. ^ "The Real Consequences Of Not Paying Back Your PTPTN Loan".
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