Travel ban imposed on PTPTN defaulters with high or sufficient income
The strict action does not apply to borrowers who have recently graduated or who do not yet have an income, especially those in the B40 or M40 groups.

KUALA LUMPUR - Travel restrictions abroad will apply only to National Higher Education Fund Corporation (PTPTN) defaulters with high or adequate income, the Dewan Rakyat was told today.
Deputy Higher Education Minister Adam Adli Abd Halim said the strict action does not apply to borrowers who have recently graduated or who do not yet have an income, especially those in the B40 or M40 groups.
"Only borrowers with high or sufficient income who are genuinely in default and meet certain criteria will face travel restrictions,” he said when replying to a question from Datuk Seri Dr Ismail Abd Muttalib (PN-Maran).
Adam Adli said that currently, about 0.7 per cent of all PTPTN defaulters are subject to these travel restrictions.
In addition, he said, to ease the burden on graduates, the 12-month grace period for repayment after graduation is maintained, allowing them time to secure employment and a stable income.
Borrowers unable to meet repayments are also allowed to restructure their loans based on their financial capacity until the age of 60.
He added that to date, a total of RM77.5 billion in loans has been disbursed to assist more than 4.26 million students nationwide. - BERNAMA
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