PTPTN & FEE
CALCULATOR
THE NATIONAL HIGHER EDUCATION FUND CORPORATION (PTPTN)
This is a type of loan provided by the Malaysian government to assist students financially in public as well as private institutions of higher learning.

The National Higher Education Fund Corporation (PTPTN) was established under the National Higher Education Fund Act 1997 (Act 566) and is effective from 1st July 1997. PTPTN became operational on 1st November 1997 at Bangunan Wisma Chase Perdana, Off Jalan Semantan, Damansara Heights, Kuala Lumpur.

Function(s) of PTPTN:
  • To manage disbursement of student loans for the purpose of higher education, and to collect loan settlements
  • To collect deposits, design and offer savings schemes for the purpose of saving for higher education
  • To carry out any other functions given to the PTPTN under any written legislation
Eligibility
  • Malaysian Citizen
  • Not exceeding 45 years of age on date of Application
  • Received an offer from IPTS by fulfilling the entry requirements set by the Ministry of Education Malaysia and the Malaysian Qualifications Agency (MQA)
  • The courses attended by students must be approved by the Ministry of Education Malaysia and registered with PTPTN
  • The course must obtain the Certificate of Accreditation from the Malaysian Qualifications Agency (MQA) and still be within the validity period on the date of application
  • The remaining period of study upon application must exceed one (1) year
  • Have no sponsors (ex. MARA or JPA) or scholarship(s)
  • Have opened SSPN1M account
Other Criteria
Students who have received a PTPTN loan through previous colleges/universities but have left or have not completed their course, are required to terminate the contract and make full payment with PTPTN before a new application can be made.
PTPTN Application PIN Number
The PIN number can be purchased online through the PTPTN website or from Bank Simpanan Nasional (BSN) for RM5.00 (valid for 6 months ONLY). Please keep the receipt for website login purposes.
SSPN1M Account
The 1Malaysia National Education Savings Scheme (SSPN1M) is a savings scheme specifically designed by the National Higher Education Fund Corporation (PTPTN) for higher education financing purposes.

Beginning 1 January 2012, students applying for PTPTN education loans must have an SSPN1M account with a minimum savings amount of RM20.00. An SSPN1M account can be opened online through the PTPTN website or at: Maybank, Bank Rakyat, Bank Islam, Agrobank or any PTPTN branch to get the account number immediately.
Online Applications
All applications for PTPTN loans must be made online. Applicants must apply through the PTPTN Online Application Website at http://www.ptptn.gov.my during the opening and closing dates of the application. Applicants are required to have an e-mail (yahoo.com or gmail.com) for correspondence purposes. Should there be any difficulty in logging-in or in resetting the password, please contact:
PTPTN One-Stop-Centre
Unit 1 & 2A, 2B, 
Level 2, Stesen Sentral Kuala Lumpur 
50470 Kuala Lumpur
PTPTN Careline Number: +603- 2193 3000
Official Website: http://www.ptptn.gov.my
Operation Hours: 
8.30am to 5.00pm (Monday to Thursday) 
8.30am to 12.15pm and 2.45pm to 5.00pm (Friday)
TOTAL LOAN FOR FULL TIME PROGRAMMES
PROGRAMMES TOTAL LOAN A YEAR
FOUNDATION RM3,400 – RM6,800
DIPLOMA RM3,400 – RM6,800
BACHELOR DEGREE RM6,800 – RM13,600
TOTAL LOAN FOR PART TIME PROGRAMMES
PROGRAMMES TOTAL LOAN A YEAR
DIPLOMA RM5,050
BACHELOR DEGREE RM5,470
Loan Repayment 
The borrower is encouraged to pay back the loan without waiting for the Letter of Claim. The period of loan repayment is based on the total loan taken as follows:
Total Loan Period of Repayment
RM10,000 and Below 60 Months (5 Years)
RM10,001 to RM22,000 120 Months (10 Years)
RM22,001 to RM50,000 180 Months (15 Years)
RM50,001 and Above 240 Months (20 Years)
  • Administrative costs of 4% annually will be charged on the date of loan repayment up to 31 December 2003. From 1 January 2004, the administrative cost is reduced to 3% annually on the remaining monthly loan.
  • Administrative costs will be calculated 6 months after completion of study or termination of loan as specified in the signed agreement. No reduction is given in administrative cost.
  • Application for deferment of repayment can be considered for borrowers who continue their studies or who are not yet working. However, administrative cost will be charged during the period of deferment.
  • Administrative costs will be waived for full repayment of loan within 6 months
  • Exemption of repayment will only be considered for borrowers who obtain ‘First Class Honours’ for loans approved prior to 1 July 2005 ONLY through submission of an application for exemption.