PTPTN loan for M40 (M1) group increased to 100%: PM

PTPTN loan for M40 (M1) group increased to 100%: PM

KUALA LUMPUR: Prime Minister Datuk Seri Ismail Sabri Yaakob today announced that the National Higher Education Fund Corporation (PTPTN) loan for students in M40 (M1) group will be increased from 75 to 100 per cent.

The government, he said, also agreed to provide loans for the purchase of laptops to PTPTN borrowers in the M40 group.

He said the move was among efforts by the government to protect the interests of the Malaysian Family students.

“Believe me, the government always looks after the interests of students…many more announcements will be made that will benefit them,“ he said when opening the Semarak Patriotik IPT 2022 at Universiti Pertahanan Nasional Malaysia (UPNM) here today.

Also present were Higher Education Minister Datuk Seri Dr Noraini Ahmad, Minister in the Prime Minister’s Department (Sabah and Sarawak Affairs) Datuk Seri Dr Maximus Ongkili, Chief Secretary to the Government Tan Sri Mohd Zuki Ali and Malaysian Armed Forces chief General Tan Sri Affendi Buang.

The Prime Minister also said he was informed by Noraini that the Malaysian Family Cheap Sale programme will be held at every institute of higher learning (IPT) from next month to address the issue of the rising cost of living among students.

More to come. – Bernama