‘Troubled times ahead for PTPTN’ - Nation - News Summed Up

‘Troubled times ahead for PTPTN’ - Nation


PETALING JAYA: Statistics show that the National Higher Educa­tion Fund Corporation (PTPTN) will not be able to sustainably provide loans in the future given its current financial scenario, says the corporation’s Public Con­sultation Independent Advisory Panel. This means that students keen on applying for PTPTN loans in the future may need to turn to other scholarship funds, said the panel’s chairman Sheikh Shah­ruddin Sheikh Salim. Four more public consultation town hall sessions are scheduled to be held until the end of May. Sheikh Shahruddin called for more participation from the public to review the 10 big ideas put forward in its public consultation paper so that they could help guide the government in making the best possible policies on PTPTN loan repayment. On May 16, PTPTN announced the start of a public consultation process aimed at garnering feedback on ideas regarding a new affordable loan repayment scheme and measures to improve PTPTN’s loan sustainability for future generations.


Source: The Star May 23, 2019 23:52 UTC



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