Student Loans

PTPTN Loan

PERBADANAN TABUNG PENDIDIKAN TINGGI NASIONAL (PTPTN)

Loan Eligibility Requirement

  1. Malaysian Citizen;
  2. Aged not exceeding 45 years on the date of application;
  3. Get offers to IPTA / IPTS and Polytechnics by fulfilling the entry qualification requirements set by the Ministry of Education Malaysia and the Malaysian Qualifications Agency (MQA);
  4. The courses attended by IPTA / IPTS students and Polytechnics must be approved by the Ministry of Education and registered with PTPTN; *
  5. For IPTS students, the courses to be followed must obtain the Certificate of Accreditation from the Malaysian Qualifications Agency (MQA) and are still within the validity period of the application date;
  6. For students who have different qualifications of verification must be obtained from the department or agency as stated above;
  7. The remaining period of study at the time of application must be not less than one (1) year;
  8. No other sponsors;
  9. Has opened SSPN1M-i ** account.

Loan amount

Diploma

Programs Maximum Loan 75 % 50 %
All Diploma Program in MPI RM 6,800/ year RM 5,100/ year RM 3,400/ year
Total Loan (2.5 years) RM 17,000 RM 12,750 RM 8,500

Degree

Programs Maximum Loan 75 % 50 %
All Degree Program in MPI RM 13,600/ year RM 10,200/ year RM 6,800/ year
Total Loan (3 years) RM 40,800 RM 30,600 RM 20,400

The loan amount is subject to the following criteria:

Maximum loan: If the applicant or the parents are BR1M recipients
75% from the maximum loan: If family monthly income is below RM8,000 per month
50% from the maximum loan: If family monthly income is above RM8,000 per month

For further inquiry, please visit www.ptptn.gov.my or contact

  • UTC PTPTN Office (Sibu Central Market) or call 084-319964
  • MPI Admin Office or call 084-322268
    • Mr Kevin Wong
    • Mdm Khor Ling Ling

Click for details  

MPI Loan

In the event PTPTN is granted but does not meet applicant’s academic expenses, students can apply for the yearly MPI study loan. Subject to approval, this loan is open for full time students only.

SCAC Loan

This loan provided by SCAC (Sarawak Chinese Annual Conference) is available for members or members’ children of the Methodist churches in Sarawak. A loan of RM 3,000 (for local Higher Institutes/ Universities) and RM 5,000 (for overseas tertiary education) will be granted to successful applicants without interest. Applicants must pay back the loan in monthly or quarterly installments after their graduation.