KUALA LUMPUR – National Higher Education Fund Corporation (PTPTN) borrowers affected by floods who wish to defer their loan repayments can do so via the PTPTN portal from today until March 31.
No supporting documents are needed when making the application, said the fund in a statement today.
“The moratorium will be given for a three-month period, beginning from the month the approval was given by PTPTN, between January and May 2021.
“The borrower will be notified of the approval through email within three working days of the date the application was submitted.”
Borrowers are reminded to update their contact details to ensure they receive the notification.
For more information, contact the PTPTN Careline at 03-2193-3000 from Monday to Friday, from 9am to 5pm, or visit the PTPTN site’s FAQ page.
Prime Minister Tan Sri Muhyiddin Yassin, when announcing the RM15 billion Perlindungan Ekonomi dan Rakyat Malaysia, or Permai, relief package on Monday, said PTPTN borrowers affected by floods or the Covid-19 pandemic can apply for a three-month moratorium on their loan repayments.
PTPTN chairman Wan Saiful Wan Jan, meanwhile, said the fund’s officers should ensure that the application process runs smoothly.
“We don’t want too much bureaucracy in implementing this assistance programme.” – Bernama, January 20, 2021
