PTPTN loans for poor students to be converted into scholarships next year

KUALA LUMPUR — Beginning next year, National Higher Education Fund Corporation (PTPTN) loans for students from poor and hardcore poor families, identified through e-Kasih data, will be converted into full scholarships.

PTPTN chairman Datuk Seri Norliza Rahim said the initiative, announced under Budget 2026, reflects the government’s commitment to inclusive higher education and the welfare of low-income families.

PTPTN loans

Prime Minister Datuk Seri Anwar Ibrahim earlier announced that 5,800 students from poor families pursuing studies at public universities will benefit, with RM120 million allocated annually.

Additionally, graduates from low- and middle-income families earning first-class honours will be exempted from PTPTN loan repayments, involving RM90 million yearly.

Norliza said the move encourages academic excellence while maintaining fund sustainability. She added that targeted travel restrictions will apply to defaulters working abroad to ensure repayment continuity.

Business News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

kazimahmood

Recent Posts

Malaysia Reviewing Petroleum Reserves to Strengthen Energy Security

Malaysia is reviewing its petroleum reserves to enhance energy security and address global supply uncertainties…

5 hours ago

Democrats Gain Narrow Edge Over Republicans Ahead of US Midterm Elections

A new Washington Post-Ipsos poll shows Democrats leading Republicans ahead of the 2026 US midterms,…

6 hours ago

Former Bank Analyst Jailed Over Fake Investment Adviser Claims

A former bank analyst has been sentenced to jail after falsely presenting himself as a…

12 hours ago

Budget 2027 to Be Tabled Early October With Focus on People’s Welfare

Budget 2027 will prioritize economic growth, rakyat welfare, and sustainability, addressing current challenges while ensuring…

14 hours ago

WellCall Holdings – Improved momentum

WellCall Holdings may rise if RM1.19 resistance is breached, otherwise selling pressure could increase.

1 day ago

Feytech Holdings – Poised for breakout from downtrend

FEYTECH shows potential for a price increase if it breaks RM0.245 resistance, but risks decline…

1 day ago

This website uses cookies.