Student Info & Guide

PTPTN - New Adjustment Loan Amounts for Students

by StudyMalaysia.com on November 7, 2014 | Top Stories

The National Higher Education Fund Corporation (PTPTN) has announced that it will reduce the amount of money available for new student loans. 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.

There are three tiers in the new adjustment – students or parents of students listed as recipients of BR1M aid will receive the maximum loan amount; students with household income not more than RM8,000 will receive 75% of the maximum loan amount; while students with household income exceeding RM8,000 would receive only 50% of the maximum loan amount.

The table below shows a comparison between the previous and new loan amount available for students at public and private higher education institutions (HEIs).

PTPTN New Loan Adjustment for Students

Type of HEI/level of study PREVIOUS SCHEME
(PTPTN Loan Amount Per Year)
(RM)
NEW SCHEME (wef 1-11-14)
(PTPTN Loan Amount Per Year) (RM)
Full Loan Partial Loan Tuition Fee *Maximum Loan 75% Loan 50% Loan

Public Universities and polytechnics

Diploma 5,000

2,500

1,000

4,750 3,560

2,380

Bachelor's degree 6,500

3,000

1,100

6,180

4,630

3,090

Master's degree 10,000

10,000

10,000

9,500 7,130

4,750

PhD26,00026,00026,00024,700 18,530 12,350
Professional course6,0006,0006,000

5,700

4,280 2,850

Private HEIs

Diploma8,000

8,000

8,0006,800 5,100 3,400
Health science diploma15,000

15,000

15,000

12,750 9,560 6,380
Bachelor's degree16,000

13,000

10,00013,600 10,200 6,800
Bachelor's degree in medicine30,000

30,000

30,00030,000 30,000 30,000

Source: PTPTN website

*Note: The maximum loan amount will be given if the student or parents of the student is/are listed as recipients of BR1M.

(Note: the figure may be not be updated, for more information, please visit www.ptptn.gov.my)

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