Budget 2027: Borrowers praise PTPTN repayment discounts and deferments
KUALA LUMPUR, Oct 23 — The National Higher Education Fund Corporation (PTPTN) borrowers have welcomed the repaymen...
Borrowers of PTPTN, Malaysia's National Higher Education Fund Corporation, have welcomed the repayment relief measures announced in the 2027 Budget. The new measures include deferment options for borrowers earning less than RM2,500 a month and reduced monthly payments for those earning between RM2,500 and RM3,000. Regular repayments will also earn borrowers a 10 per cent discount.
Jeremiah Abraham Selvaraj, a 43-year-old cyber security consultant, praised the measures as crucial in helping him complete his degree and improve his family's circumstances. Customer service officer Carol Chan, 24, welcomed the deferment for low-income earners, stating it would provide fresh graduates more time to stabilize their finances.
Marketing executive Fatin Yusoff, 36, appreciated the 10 per cent discount as a recognition of their commitment and a motivator to maintain financial discipline. Hafizul Fiqri Mazlan, a 41-year-old graphic designer and former PTPTN loan borrower, encouraged borrowers to take advantage of the incentives while stressing the responsibility to repay loans for the benefit of future students.
The repayment measures were announced by Prime Minister Datuk Seri Anwar Ibrahim during the Budget 2027 announcement on October 9.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
