Malaysiakini NEWS

Cabinet agrees to raise PTPTN repayment threshold

Kow Gah Chie
Published:  |  Modified:

PARLIAMENT | Putrajaya will bump up the two percent mandatory pay cut threshold for National Higher Education Fund (PTPTN) loan repayment to an RM2,000 monthly salary.

Deputy Education Minister Teo Nie Ching said today that the earlier RM1,000 threshold announced in Budget 2019 speech was reviewed by the cabinet on Nov 23.

She added those in the bottom 40 (B40) and middle 40 (M40) income groups who achieved first class honours for their degrees would be exempted from repaying their study loans...

Share this story

OR

Welcome back,

Your subscription expires on
  

Your subscription will expire soon, kindly renew before
  

Your subscription is expired
  Click here to renew

You are not subscribed to any subscription package
  Click here to subscribe now

Any questions?
  Email: [email protected]
  Call: +603-777-00000

Renew