Plan your student loan repayment schedule
Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) provides education financing for Malaysian students pursuing higher education at local institutions.
Repayment begins 12 months after graduation or course completion. The minimum payment is RM50 per month. Borrowers can also opt for salary deduction through employers or set up auto-debit.
Current PTPTN loans charge 1% ujrah (administrative fee). Older loans may carry rates of up to 3%. The government periodically offers discounts for early or lump-sum repayment.
PTPTN periodically offers 10-20% discounts for full settlement or consistent repayment. Check the PTPTN website for current promotions.
RM30,000 balance at the selected 1% annual rate with RM300 monthly payments is modelled month by month against the remaining balance. The result is illustrative and may not match an official PTPTN schedule.
Educational estimate only. Known limitations: your actual balance, conversion status, takaful, arrears, discounts, and repayment schedule may differ. Confirm through myPTPTN.