Moratorium on PTPTN loans extended to December

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The suspension of monthly repayments was supposed to end on Sept 30. FMTNews PTPTN moratorium

About 1.5 million borrowers are expected to benefit from the extension of the PTPTN loan repayment moratorium.

KUALA LUMPUR: The moratorium on repayment of National Higher Education Fund Corporation loans has been extended to December, the higher education ministry announced. Its minister Noraini Ahmad told the Dewan Rakyat the deferment will cost the government an estimated RM375 million in repayments. The suspension of monthly repayments, which began on March 19, was initially scheduled to end on Sept 30.Subscribe to our newsletter and get news delivered to your mailbox.

 

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