Three out of 4 promises on PTPTN fulfilled, says Wan Saiful


THE Pakatan Harapan (PH) government has fulfilled three of the four promises on the National Higher Education Fund Corp (PTPTN) contained in their “Buku Harapan” (Book of Hope), said PTPTN chairman Wan Saiful Wan Jan (picture).

“(In the PH manifesto) there are four promises. The first promise is to give an exemption for excellent students from B40 (bottom 40%) and M40 (middle 40%) income group families from paying their student loans, which we have done.

“The second promise is to lift the overseas travel restriction for PTPTN borrowers (who are) blacklisted, which was done in the first couple of months after PH came into power.

“The third promise is for borrowers who could not afford to pay (their PTPTN loans).

“Their employers are given incentives like tax exemption to help them (the borrowers) pay the loans, and this too, has been implemented beginning this year,” he said during a talk show “Bicara Politikonomi” on Radio Televisyen Malaysia on Wednesday night.

He added that there is only one promise left to be fulfilled.

The fourth promise that is to defer repayment by borrowers with a salary of less than RM4,000 a month.

Wan Saiful said efforts are being made to fulfil the fourth promise as the implementation would take some time.

“So, in terms of the promises made, three out of four have been fulfilled within a year and a half after PH took over the government, which is about 75%. An impressive achievement by our officers,” he added.

On borrowers with problems making their repayments, Wan Saiful said a study is being carried out to determine the actual cause to it, following which a solution would be made to address the problem.

Last month, Deputy Education Minister Teo Nie Ching said there were 375,925 PTPTN borrowers who have yet to make their loan repayments. — Bernama