PM: First class degree graduates to get PTPTN loan repayment exemption

KUALA LUMPUR, July 27 — The government will reintroduce the National Higher Education Fund Corporation loan repayment exemption to graduates who earn first-class bachelor’s degree beginning from 2019.

Prime Minister Datuk Seri Ismail Sabri Yaakob said the privilege would be given to deserving graduates regardless of economic status, race and religion. As such, he hoped that PTPTN could discuss with the Ministry of Finance regarding the matter in terms of the allocations involved. “This is as an encouragement to the children of Keluarga Malaysia to work hard and obtain the best grades in their studies,” he said.

He made the announcement in his speech at PTPTN’s 25th Silver Jubilee Celebration at the Malaysia External Trade Development Corporation Exhibition and Convention Centre today. — Bernama

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