If I do not want to stop the PTPTN for my new college, do I have to reapply?
But will I need to pay back the original amount they gave me first?

Sorry for these never ending questions >.<

Like I'm switching from TARC to IACT,
Previously I applied for PTPTN for TARC and they already gave half of the amount I've loaned.
So I need to settle the loan in TARC before I can apply for PTPTN for my studies in IACT?



There's a PTPTN centre in KL Sentral right?

LAN haven't approve my course yet. so cant get loan

is there anyone studying in mmu that get the ptptn loan... one of my friend studying in mmu said it's not difficult and the forumer in mmu thread also said the same thing... i'm just scared if i really enter mmu then can't get the loan, how am i going to pay for the fees? the ptptn loan include living cost or not?

I have a colleague who took PTPTN loan and graduated from MMU in EE. Get loan OK, provided there is still money left, the problem is pay back only. IF not mitaken his monthly reapayment is nearly RM600 for 15-20 years.

Cannot be. Those who took engineering course max payback is RM300+ for 20 years from what I know.

Cannot be 600 per month. Seriously ,  u wont be able to survive if u have to pay RM600 just for PTPTN alone

too many pages for me to read back....i have a question here...i heard from my friend that in order to get ptptn one's parent must have around 3k saving at something tabung....forget the name already...is it true?

KUALA LUMPUR: The money that parents deposit in the National Education Savings Scheme (SSPN) before their children can apply for loans from the National Higher Education Fund Corp (PTPTN), will not be used as security.

In giving this assurance, Higher Education Minister Datuk Mustapa Mohamed said there were no plans to use this money in case their children did not repay their loans when they had completed their studies.

"This is for their children's education. Our intention is to get them to save, not take their money.

"In general, Malaysians don't save for education. The Chinese are good at this but we found that not many have saved among the Malays," he said after witnessing the signing of an MoU between Universiti Teknologi Mara (UiTM) and Standard Chartered Bank Malaysia Bhd formalising an internship programme for UiTM students. 

UiTM vice-chancellor Prof Datuk Seri Dr Ibrahim Abu Shah and Standard Chartered's chief information officer Edwin Nevis sealed the deal for their respective organisations.

On Thursday , Mustapa had announced that students' parents would have to contribute to the scheme before applying for PTPTN loans.

Parents with a monthly income of more than RM2,000 would need to deposit RM3,000 in the scheme while those with an income below RM2,000 would need to have RM500 before their children can become eligible for a loan. 

This would take effect from Jan 1 next year, he said, adding that when students apply for the loans, they would have to show proof that their parents have savings in the scheme.

"Those who are really poor and can't afford it, we will consider their cases as it is important to have access to education," Mustapa said. 

FROM next year onwards, every successful loan applicant will not be getting the standard RM6,500 annual sum from the National Higher Education Fund Corporation (PTPTN).

Instead, the body will be allocating loans to candidates based on the course taken, the total credit hours involved and the institute's location, to prevent students from getting sums beyond their needs.

Berita Minggu quoted its chief executive Yunos Abd Ghani as saying that this was part of PTPTN's efforts to create a new system to allow for greater monitoring and detailing of the fund.

He said currently all undergraduates in public universities and colleges received a total loan of RM6,500 a year and an additional RM500 for those in science courses. 

However, he said, the cost of each course was different, therefore the need to work out the loans according to the credit hours. 

"We will study the cost for one course and decide on the funds accordingly. If they apply for more than what they should, we will have to turn them down because they don't need the extra," he said. 

Besides that, Mohd Yunos said PTPTN would take the institutes' location into consideration, as the cost of living for students at Universiti Malaya would be higher compared to students at Universiti Utara Malaysia. 

He said the new system would not be implemented this year.

Ok... Guys.. Please help me.

I did my foundation in mmu. Now i planned to change to another uni for degree. So i didnt yet apply for ptptn for degree loan.

The problem is the ptptn already send me 3rd letter ask me to pay back for foundation. As i want to change to other uni, would they provide a new loan for my degree. Or should i pay back my foundation loan first to apply for degree loan? Please help me.
 

Feel like jumping from the window because of this money problem. I wish i was stupid enough so that i failed my form 3 but i didnt. I wish i was lucky/smart enough to get seat in ipta. Being in the middle of this two really making me crazy.

Ok... Guys.. Please help me.

I did my foundation in mmu. Now i planned to change to another uni for degree. So i didnt yet apply for ptptn for degree loan.

The problem is the ptptn already send me 3rd letter ask me to pay back for foundation. As i want to change to other uni, would they provide a new loan for my degree. Or should i pay back my foundation loan first to apply for degree loan? Please help me.
 

Feel like jumping from the window because of this money problem. I wish i was stupid enough so that i failed my form 3 but i didnt. I wish i was lucky/smart enough to get seat in ipta. Being in the middle of this two really making me crazy.

Well, just pay off the 5k and you are clear of the debt and having extra RM12.50 being charged incremently  as you delay the payment.
No point of having a lawyer letter arriving on your doorstep like a loanshark asking for you to payoff the amount. As fruitie said, you can ask for deferment, provided you get into the new uni, and use that offer letter as a proof and submit it to PTPTN. If they can't really help you, I think you have no choice but to settle it. Best if you could go and nego with them at PTPTN office.

PTPTN S*CKS BIG TIME!! how many times ive been sending in my transcripts for the conversion of ptptn to scholarship,,,, and they keep on loosing it!!  ive already sent in my official letter applying for the conversion, and they lost it too. !@#$%%$#..now i have to redo everything all over again, get my photocopy transcripts  certified.. bla bla bla.. !@#$%$% need to snap pictures as proofs that ive already submitted everything...