PTPTN first class honours loan exemption under review as govt weighs fairness and sustainability

The Malaysian government is considering reviewing the loan repayment exemption policy for previous National Higher Education Fund Corporation (PTPTN) borrowers who received first-class honours degrees. Finance Minister II Datuk Seri Amir Hamzah Azizan announced that the review will assess fairness to borrowers while ensuring the country’s education financing policy remains sustainable.

The government has also introduced measures to support graduates, such as allowing PTPTN borrowers earning up to RM2,500 a month to defer repayments and providing a 10 per cent discount for those who make regular repayments without falling into arrears. The government will also review insurance providers’ operating procedures after complaints about restrictions on choice of specialist doctors, with the aim of protecting consumer rights and curbing rising medical costs.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.