Are you paying your PTPTN study loan?
From time to time, Perbadanan Tabung Pendidikan Tinggi National (PTPTN) reminds PTPTN borrowers to pay their study loan.
I am paying my PTPTN study loan
I am proud to say that I had paid 85% of my PTPTN study loan. And I paid my first study loan exactly as written on the PTPTN study loan agreement.
Since then, I diligently pay my PTPTN study loan every month.
Occasionally I checked my PTPTN account statement through their epay services. I did receive the hard copy of the account statement through the mail but I still find the most convenient way is through the epay services.
I think the amount of loan repayment is not a problem for most working graduates. Just that, these working graduates must understand and take the initiative to make the payment accordingly to the agreement.
Just like when you’re purchasing a new car, you need to pay the loan repayment on a monthly basis, according to the hire purchase agreement.
The difference is that, for hire purchase agreement, if no payment is received for a certain period of time, the car will be taken away from you.
In terms of the amount, I believe the PTPTN loan repayment amount is much lesser than the monthly payment a new graduate is spending on his or her new car.
Why should we start paying our PTPTN study loan?
It is important for us, the customer of PTPTN to pay our monthly study loan accordingly so that the younger generations can enjoy this PTPTN facility too.
The younger generations can be our younger brothers, sisters or our nieces, nephews or even our kids.
And so that they can have financial assistance in their tertiary education.
Isn’t it one way for us to be thankful to PTPTN for giving us the opportunity to complete our desired diploma, degree or master degree is it to pay back the study loan?
Final thoughts
If you have not started to pay your PTPTN, take the initiative now. It is never too late.
Always remember, whatever we borrow, we must pay back.
