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).
| 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 |
| PhD | 26,000 | 26,000 | 26,000 | 24,700 | 18,530 | 12,350 |
| Professional course | 6,000 | 6,000 | 6,000 | 5,700 |
4,280 | 2,850 |
Private HEIs | ||||||
| Diploma | 8,000 | 8,000 |
8,000 | 6,800 | 5,100 | 3,400 |
| Health science diploma | 15,000 | 15,000 |
15,000 | 12,750 | 9,560 | 6,380 |
| Bachelor's degree | 16,000 | 13,000 |
10,000 | 13,600 | 10,200 | 6,800 |
| Bachelor's degree in medicine | 30,000 | 30,000 |
30,000 | 30,000 | 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)
You May Also Be Interested In...
What is plagiarism and what you need to know
![What is plagiarism and what you need to know - StudyMalaysia.com]()
Are you working on your term assignment? Or writing an essay? Or perha...How To Prepare For SPM With One Week To Go
![How To Prepare For SPM With One Week To Go - StudyMalaysia.com]()
With one week to go, it's time to re-assess your strategy and maximise...International university students studying in Malaysia – your 2021 FAQs answered
![International university students studying in Malaysia – your 2021 FAQs answered - StudyMalaysia.com]()
If you’re an international student studying at a higher education in...Choosing The Right Pre-University Programme: IB Diploma
![Choosing The Right Pre-University Programme: IB Diploma - StudyMalaysia.com]()
If you have an SPM qualification and you are planning to pursue a bach...How many ways are there to study for a bachelor degree?
![How many ways are there to study for a bachelor degree? - StudyMalaysia.com]()
Private higher education institutions (PHEIs) in Malaysia provide a wi...Careers in Environmental Protection
![Careers in Environmental Protection - StudyMalaysia.com]()
Environmental science and protection is a field that encompasses a ran...
