PTPTN sets RM50 minimum monthly repayment for graduates earning RM2,501 to RM3,000

KUALA LUMPUR, Oct 23 — Following the announcement in Budget 2027, National Higher Education Fund Corporation (PTPTN) graduates earning between RM2,501 and RM3,000 a month will have a minimum monthly repayment of RM50. Deputy Higher Education Minister Adam Adli Abdul Halim highlighted the initiative aims to benefit over 400,000 individuals, easing the financial strain on recent graduates entering the workforce.

PTPTN loan repayments are waived for graduates earning below RM2,500. The discussion on loan repayment flexibility has been ongoing for years, as confirmed by the Deputy Minister recently. Adam Adli also mentioned the expansion of the Dapur Siswa Madani initiative, providing centralised cooking facilities to polytechnics and teacher education institutes next year, to control the cost of living among university students.

Furthermore, the My50 pass for transportation remains in place, along with the introduction of MyKomuter50 for KTMB commuter services users. The FlySiswa assistance has been raised from RM400 to RM500 annually for students travelling between Peninsular Malaysia and Sabah and Sarawak for study-related travel. Additionally, Technical and Vocational Education and Training (TVET) will continue to be bolstered, with an employability rate of 95 to 97 percent among its graduates.