I PAY PTPTN DURING MY TIME IN UNI
interest 0% haha halal tak ada ayat

Paying off the principal while ignoring the interest will only mean they still owe PTPTN money.

Unforunately the way PTPTn calculate the loan, the kos perkhidmatan aka interest is factored in by the time you are supposed to start paying.

They have to pay the outstanding amount (principal + interest) to close the account.

Mst of the people who do not want to pay extra are Muslims. yes, some of these people are stupid for not accepting that they agreed to the loan agreement and that the kos perkhidmatan is unavoidable.

But then PTPTN also allowed 1st class achievers to convert their loan to scholarships, so what's a few extra thousand lost per person because a few do no want to pay any more than what they took?

Most do it because there is no other choice.

BTW i have some younger friends who took PTPTN but the loan amount is just enough to cover his fees only.

He still has to rely on his parents for pocket money.

BUt anyway he has graduated and started paying back, he has the same complaint as me (why can't study loans be interest free).

At least his loan is just Rm20k.....

you're derailing.

ujrah or whatever fuc. it is, pay the principal first and then talk kok. i know payment schedule already include the compounding interest (old system), but in the agreement they knew what the principal is.

so, pay monthly until principal amount is achieved --- then talk kok about interest abolishment.

most that i knew just don't bother paying -- coming up with excuse every now and then.

1. Don't have to tukar kerajaan, BN can do it (make PTPTN interest free), but they chose not to, so don't blame the young voters by that time....

2. Refinancing is even worse, because banks charge commercial rates (higher than PTPTN). Minimum rate is 3.25% per year, and that's if you work in govt.....

3. This a can agree, any MPP whether secretly a BN supporter or PAS/DAP supporter should push for interest free study loans.

I would like to reiterate that Malaysian govt. used to give out interest free study loans for people who didn't qualify for scholarships, either from MARA or JPA, but with the introduction of PTPTN, interest free study loans are gone.

I hope that govt. would consider this simple and probably most practical solution, make PTPTN loans interest free.

I don't understand why the fuss of making PTPTN as interest-free when the most basic economy of demand and supply is not adhere.

Even lending money in good faith to relative or close frens, U also will think twice/thrice/many many time and hope the full amount will be repay. No one like giving money freely even that dictator mat taib still looking way to songlap sarawakian resourcess. If he become philanthropist, the pig will climb up the tree.

Now the country have mass of student which created the demand and gomen can't ignore this. Thus it create a system which similar as bank loan system. Bank use the country monetary and generate a continous system of increasing the monetary value. You can treat it as a reward for principal owner but at the same time it can be treat as insurance for investor.

Unfortunate most of the defaulter is being screwed by gomen lazy policies and can easy feed with sugar or free tongkat. Since they already mentally being cripple with false propaganda, the bank institute (namely PTPTN) already been like some ppl piggy bank.

Tai Sei before 97 crisis, 40% feed 55% mouth . Now 20% follow u tak suka u keluar and with the economy like this u think the balance 20% still can feed ur 70%.

Mind you I contribute to EPF and EPF have been forcely giving $$$ to PTPTN and I demand the loan defaulter to repay the loan as stated in the loan agreement considering EPF taking the high risk investment.

apply scholarship JPA (org pandai)
apply loan JPA/MARA kalau nak interest free (org kurang pandai)
kalau tak apply ptptn.

Aiya, however is not happy, just vote opposition la. See what happen.

JPA/MARA loan no longer exists because PTPTN took over their duties.

So orang kurang pandai but still want to upgrade skills need to borrow, and PTPTN is still the only choice.

But now I have a new question, does PTPTn simply approve ALL study loan applications or they select those students most likely to graduate and pay back?

I can understand this problem, but supposedly even EPF do not charge high rates to PTPTN.

I am also a contributor as is most of the workers in Malaysia (except govt. servant la....)

Which brings me to my new question:

does PTPTN simply approve ALL study loan applications or they select those students most likely to graduate and pay back?

I recall JPA and MARA only give loans to people who failed to get scholarship (quota full) but SPM/STPM results are still good (5 As etc).

some of my frens cgpa above 3.0 also LIAT TO PAY BACK THE LOAN..
giving so much excuses, i need to pay this to pay that, wanna buy limited edition for this, that bla bla bla......

this is not about what cgpa they got, this is about ATTITUDE

senang cite dah pinjam bayar la balik, sikit ke banyak janji menten bayar...

This post has been edited by nice[jisho]: Feb 24 2011, 01:56 PM

Sikit-sikit lama-lama jadi bukit

bump for ujrah

Ptptn is bisnes maa..our education fee is mahal..then student tpaksa buat loan..when dh keja the student must byr balik + interest also..this time, baru profit masuk.

If our education fee is low, nobody mau pinjam maa..xda org pinjam, xda bisnes.

Ptptn = legal ahlong.

y u bump my old tered..

About the Ujrah system, I vouch for the article as it is true. We have to pay more.

I do agree that those who borrow must pay as it is a borrowing in the first place but what I'm not satisfied is our education system and our colleges rank in the world. Paid so much but got 3rd world class mentality of education does not match. Not worth it.

Luckily i dint go for that ujrah crap. Read thru the t&c and everything pointed in favour of ptptn. Decided tht i rather pay offf my loan taking my own sweet time.

Aku dulu lambat 2 tahun.

Takde riot pun

Final semester dapat lumsum...

well.. taking ur own swept time will cost u something la brother.. heheheheh

neither old system nor ujrah.. both favour to PTPTN..




This post has been edited by ganz: Sep 28 2011, 05:00 PM

Ujrah or no ujrah the loan is already very good and affordable.. 3% interest only...

Sometimes ppl very easy to forget without the money, no money to study then cannot get degree and good job... After get job, buy nice car and never bother to pay back...

This is called biting the hand that feeds you...

I hope epf dont screw up on this.... Epf give members 4 or 5% interest... If they loan to ptptn and ptptn charge 3% interest to students only... Who is paying for the deficit?

Looks like a time bomb to me... Damn worried cuz i am epf contributor oso!!!