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It is Time to Pay Your PTPTN Study Loan?

A right hand holding paper money.

Are you a graduate with a PTPTN study loan? If your answer is yes, it is time to pay your PTPTN study loan now.

Why did I say so? Because among the hot news in local newspapers this week is Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) had to reduce the total financing starting 1 November 2014.

Basically, it was due to limited funds to provide financing for new applicants.

The reason behind this was a huge number of graduates did not start to pay their study loans as agreed.

In my opinion, it is really unfair for students enrolling on the public and private institutions of higher learning to be punished for what these PTPTN loan defaulters had done.

Take the first step to pay your PTPTN study loan

To those who had never made any PTPTN loan repayment, it is time for you to start to make your first payment.

Take the first step to make the payment by checking your PTPTN balance. You can easily log in to the PTPTN repayment website with your PTPTN pin number.

If you have difficulty, contact PTPTN directly. In the PTPTN agreement, you had agreed to settle the study loan right? So, since PTPTN had helped you to have your diploma or degree or PhD, it is time for you to pay back to PTPTN and to society.

I am sure you have younger siblings or a niece, nephew, cousins or your extended family’s son or daughter. Or perhaps, your colleague or neighbour’s son or daughter. Imagine any of them not able to go through his or her tertiary education because of limited PTPTN loan.

That is sad, right?

Or, perhaps your future son or daughter who need a PTPTN study loan, will have difficulty getting one too. In fact, you should know the importance of sufficient financial support in tertiary education.

Final thoughts

Let’s face it. The whole society is interconnected. Keep your promise to settle your PTPTN study loan.

photo credit: marcoverch Viel Geld in der Hand via photopin (license)

0 thoughts on “It is Time to Pay Your PTPTN Study Loan?”

  1. It's a disappointing news that the new generations have to suffer the consequences of the earlier PTPTN defaults. Even if the defaulters are not considerate towards the new generation, they should still repay the monthly payment for their own sake if they don't want to get restricted from leaving the country after being blacklisted. In addition, being blacklisted in CCRIS due to PTPTN defaults can bring a lot of barrier to the borrowers in the future if they want to borrow loans for houses.

    http://loanstreet.com.my/learning-centre/ptptn-tips-for-students

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