news

#Budget2023: PTPTN Holders To Receive 15% To 20% Discounts Upon Payment Of Loans

The discounts will only be applicable from 1 November to 30 April 2023.

Cover image via PARLIMEN MALAYSIA (YouTube)

Follow us on Instagram, TikTok, and Telegram for the latest stories and breaking news.

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has announced that Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) will be handing out discounts from 1 November 2022 to 30 April 2023

During the announcement of Budget 2023 today, 7 October, Zafrul announced that PTPTN holders who pay back their loans in full between the specified period will receive a 20% discount on their loans.

Those who pay back at least 50% of their loans will receive a discount of 15%, and those who pay their loans through their salary or auto-debit will be entitled to a 15% discount.

Image via Berita Harian

Additionally, PTPTN students who graduate from their degree programme with first-class honours will be exempted from loan payments

Stay tuned for our overview story of #Budget2023!

Image via SAYS

Read more #Budget2023 stories on SAYS:

You may be interested in: