PTPTN: Graduates earning RM2,501-RM3,000 to pay minimum RM50 monthly – Adam Adli
KUALA LUMPUR: Graduates earning between RM2,501 and RM3,000 a month will only need to repay their National Higher Education Fund Corporation (PTPTN) loans at a minimum rate of RM50 per month, with the flexibility announced in the 2027 Budget.
Graduates with monthly earnings between RM2,501 and RM3,000 will only need to pay a minimum of RM50 per month towards their PTPTN loans, according to Deputy Higher Education Minister Adam Adli Abdul Halim. This income-based loan repayment flexibility, announced in the 2027 Budget, aims to support over 400,000 graduates entering the workforce, easing their financial burden. Graduates earning less than RM2,500 a month would not start repaying their loans until they reach the specified income threshold.
Adam Adli discussed the concerns surrounding living costs for university students, stating that the Dapur Siswa Madani initiative, which provides centralized cooking facilities on campuses, would expand to polytechnics and teacher education institutes (IPGs) next year. A budget of RM20 million has been allocated to supply food and necessities, such as rice, cooking oil, eggs, and sardines, to these kitchens.
Students can use the supplies to cook for themselves or in groups, with planning carried out in collaboration with student associations or kitchen managers to manage food expenses.
Regarding transportation, the My50 pass will remain in place, and MyKomuter50 will be introduced for Keretapi Tanah Melayu Berhad (KTMB) commuter services, which students can also utilize for daily commutes. The FlySiswa assistance, which helps students purchase flight tickets between Peninsular Malaysia and Sabah and Sarawak for study-related travel, will be increased from RM400 to RM500 annually for eligible students.
Adam Adli emphasized the strengthening of Technical and Vocational Education and Training (TVET) for young people with an interest in technical skills. The employability rate of TVET graduates is between 95 and 97 percent annually. He highlighted the growing demand for workers with new skills due to investments in high-technology industries, providing an example of a TVET graduate who earned between RM6,000 and RM7,000 a month after working in a data center in Johor. TVET is seen as a solution for school leavers who prefer technical disciplines over academics.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
