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PTPTN (Perbadanan Tabung Pendidikan Tinggi Nasional Malaysia) provides education loan to students pursuing their diploma and first degree levels in local institutions of higher learning.

GENERAL INFORMATION ABOUT PTPTN
FLOW FOR PTPTN STUDY LOAN APPLICATION
FREQUENTLY ASKED QUESTIONS
GENERAL INFORMATION ABOUT PTPTN FLOW FOR PTPTN STUDY LOAN APPLICATION FREQUENTLY ASKED QUESTIONS

Eligibility Requirements

Eligibility Requirements

  1. Students who are interested to apply for PTPTN loan are REQUIRED to open a Skim Simpanan Pendidikan Nasional (SSPN) account with a minimum deposit of RM20 via myPTPTN.
  2. Applicable to Malaysian citizens only and aged not more than 45 years old on the date of the application.
  3. Have received offer for admission to Taylor’s University and meeting the entry requirement of the programme determined by the Ministry of Education (MOE) and Malaysian Qualification Agency (MQA).
  4. The programme applied must have the approval of the Ministry of Education Malaysia (MOE) and is registered with PTPTN.
  5. The programme applied must have the Certificate of Accreditation from the Malaysian Qualifications Agency (MQA) and still within the validity period on the date of application.
  6. The applicant must be a FULL-TIME diploma or first-degree student at Taylor’s University/ Taylor’s College.
  7. The applicant cannot have any other sponsor/s (eg.: JPA or MARA).
  8. The remaining period of study upon closing date of application, must exceed one year (12 months) and exclude extended semester(s).
 

Note:  Students are responsible to settle the full fees every semester within the deadlines set by Taylor’s while waiting for the loan to be disbursed to students’ account.
Loan Entitlement

Loan Entitlement

Diploma – Business & Arts

 

Parents/Guardian Nett Monthly Income Loan Per Annum

RM 8,001 and above

50% of Maximum

 RM 3,400 per year

RM 4,001 - RM 8,000

75% of Maximum

 RM 5,100 per year

RM 4,000 and below

BR1M Recipient (Max. Loan)

 RM 6,800 per year

First Degree - Pharmacy

 

Parents/Guardian Nett Monthly Income Loan Per Annum

RM 8,001 and above

50% of Maximum

 RM 8,500 per year

RM 4,001 - RM 8,000

75% of Maximum

 RM 12,750 per year

RM 4,000 and below

BR1M Recipient (Max. Loan)

 RM 17,000 per year

First Degree - Engineering & Science

 

Parents/Guardian Nett Monthly Income Loan Per Annum

RM 8,001 and above

50% of Maximum

 RM 7,010 per year

RM 4,001 - RM 8,000

75% of Maximum

 RM 10,520 per year

RM 4,000 and below

BR1M Recipient (Max. Loan)

 RM 14,030 per year

First Degree – Medicine (MBBS)

 

Parents/Guardian Nett Monthly Income Loan Per Annum

RM 8,001 and above

50% of Maximum

 RM 30,000 per year

RM 4,001 - RM 8,000

75% of Maximum

 RM 37,500 per year

RM 4,000 and below

BR1M Recipient (Max. Loan)

 RM 50,000 per year

First Degree - Business & Arts

 

Parents/Guardian Nett Monthly Income Loan Per Annum

RM 8,001 and above

50% of Maximum

 RM 6,800 per year

RM 4,001 - RM 8,000

75% of Maximum

 RM 10,200 per year

RM 4,000 and below

BR1M Recipient (Max. Loan)

 RM 13,600 per year

Note:

  • Online applications can be made earliest at 30 working days before the commencement of the programme (also can be done after commencement date) but processing of the application will be based on the closing date in the PTPTN system.
  • *Online approval is a CONDITIONAL approval. Actual approval is subject to the requirements set by PTPTN.
  • Application is open throughout the year and will be processed according to the closing date for Online Submission.
  • The loan offer will be cancelled or withdrawn in the event of a mistake or falsification of information in the offer.
Insurance (Takaful Coverage)

Insurance (Takaful Coverage)

All students who receive the PTPTN loan must take insurance coverage. The appointment of an insurance company and payment of premium will be handled by PTPTN. The amount will be automatically deducted from the total approved loan.
Loan Disbursement

Loan Disbursement

  • The loan disbursement will be credited directly to the student's personal CIMB Bank saving account. (Students should check their bank account within the mentioned time period, estimated 1 to 2 months after the closing date of Agreement submission. Any changes are subject to PTPTN's discretion.)
  • Payments are made twice per academic year during the 2 long semesters.
  • Subsequent payments will be made after PTPTN receives confirmation from Taylor's University that the student is progressing to the next semester and has scored no less than GPA 2.00/4.00 or PASS in the previous semester.
  • Short semester and internship semester are not covered.
  • Students on Student Exchange programme will not receive the loan disbursement after returning to Malaysia, but will continue to receive the loan with the following semester's results meeting the requirement. 
Suspension of Loan Disbursement

Suspension of Loan Disbursement

The disbursement of loan will be suspended for the following reasons:

 

  • Student obtained less than GPA 2.00/4.00 or FAIL in the previous semester.
  • Student defers his/her studies.
  • Student on Student Exchange programme.
Loan Repayment

Loan Repayment

  1. Repayment of the loan must be made to PTPTN after 12 months of completion of studies without waiting for the letter of claim from PTPTN.
  2. The monthly administrative cost will be charged starting from the 13th month.
  3. Deferment of repayment can be considered for borrowers who continue their studies, by submitting an application through myPTPTN. However, the administrative cost will be charged during the period of deferment.
  4.  Administrative costs will be waived if the loan is fully repaid within the 12-month period (after completion of studies).

Exemption of Loan Repayment

  • Exemption of loan repayment will be considered for students who obtained First Class Honours (Degree Programme ONLY) and completed the programme within the period of studies stipulated in the PTPTN Loan agreement.
  • Students who completed the programme exceeding the standard duration of studies will not be considered for the exemption of loan repayment.
  • For further details on the exemption of loan repayment, please refer to: Portal Rasmi PTPTN - Bayaran Balik
Enquiries

Enquiries

For further information, please contact the Taylor’s University Campus Central (Block A, Level 2):
 

Ms. Nurul Ain Azli

Email: NurulAin.Azli@taylors.edu.my


Alternatively, you can contact the PTPTN HOTLINE at 03-2193 3000 or visit here for detailed information.
 

The source of information for this brochure is derived from PTPTN and it is subject to changes without prior notice. All the information made known to Taylor’s University is correct at the time of printing and Taylor’s University shall not be held liable for any changes / amendments made by PTPTN thereafter.

1.Register on myPTPTN

 

Note: Please ensure the email used for registration is valid.

 

 

2. Open SSPN and CIMB accounts

  • It is compulsory to create an SSPN account via myPTPTN and a CIMB Savings account at CIMB Bank.
  • The loan amount will be deposited into the student’s CIMB account.

 

 

3.Check loan application schedule

  • Identify the start dates and deadlines for application submissions.

 

 

4. Apply for PTPTN loan

  • Access the myPTPTN website and log in with your credentials.
  • Buy a PIN number for RM5.00 using FPX payment method in myPTPTN.
  • Complete the required information in the “PERMOHONAN PINJAMAN” section.

 

Note: PIN number is only valid for one (1) year from the date of payment. Each number can only be used for only one (1) application.

 

 

5.Upload Letter of Offer

  • Upload a full Letter of Offer from Taylor’s to complete the education details (Maklumat Pengajian) section.

 

Note: Uploaded documents must be in PDF format and no larger than 2MB.

 

6. Online application approval

  • Students will receive their loan Online application approval via personal email or “PETI MASUK myPTPTN”, six (6) working days after the closing date of the PTPTN online application.

 

7. Sign and submit Loan agreement

  • Check the Loan Agreement and provide digital signature within 14 days of receiving their online application approval.
  • The signing and stamping process costs RM25.00 (RM20 for Setem Hasil, RM5 for digital signature) and is payable via FPX in myPTPTN.
  • Then, submit the completed Loan Agreement online.

 

8. Print and save completed Loan

  • The Loan Agreement will be available on myPTPTN for 60 days ONLY.

 

9. First loan disbursement

  • Loans for new students will be disbursed into the student’s account within 20 working days after the Loan Agreement submission.

 

10. Cancellation of loan approval

  • Approved loan applications will be cancelled if the documents are not signed within 14 days following the date of approval.

 

Note: Students who require more information may download a copy of the PTPTN Study Loan Guidelines & Procedures booklet from the Campus Central Portal > Fees & Finance > PTPTN

How do I submit my PTPTN Loan Application?

How do I submit my PTPTN Loan Application?

You must submit your loan application via myPTPTN within the deadline given. Upon approval, agreement documents must be submitted online through myPTPTN within 14 days from the date of the approval on the agreement. 
Does PTPTN provide loan to student to pursue their studies overseas?

Does PTPTN provide loan to student to pursue their studies overseas?

No, PTPTN Loan is only offered to Malaysian students studying in Malaysia.
Can PTPTN Loan repayment be shortened or extended for another few years?

Can PTPTN Loan repayment be shortened or extended for another few years?

PTPTN repayment period can be shortened but cannot be extended. Payment completed within 12 months after completion of studies will not be charged any interest.
What are the conditions permissible for me to extend my loan period?

What are the conditions permissible for me to extend my loan period?

PTPTN only allows the following:

  • Changes in course structure, which lengthen the entire duration of the course. 
  • The loan period is shorter than the course duration.
  • Health problems
Am I eligible for the remaining loan if I complete my studies earlier than the actual completion date?

Am I eligible for the remaining loan if I complete my studies earlier than the actual completion date?

The loan is only for the duration of completion of studies, be it at an earlier date or the normal completion period. The repayment claim is based on the total loan you have received including administrative costs.
I was given a loan to fund my diploma studies. Upon completion, I would like to continue with my Degree programme. Can i re-apply for the PTPTN Loan?

I was given a loan to fund my diploma studies. Upon completion, I would like to continue with my Degree programme. Can i re-apply for the PTPTN Loan?

Yes, you may re-apply for the PTPTN Loan for your Degree programme. Your Diploma loan will be put on hold and automatically accumulated with your degree loan. 
What should i do if change/transfer out from my present programme?

What should i do if change/transfer out from my present programme?

You must cancel the PTPTN loan by submitting the request through myPTPTN, before applying for a new loan.
Does PTPTN provide conversion from loan to scholarship?

Does PTPTN provide conversion from loan to scholarship?

Conversion from loan to scholarship will be considered for students who obtained First Class Honours in their academic achievement by submitting an application direct to PTPTN (Terms & Conditions apply).