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Loans & Scholarships PTPTN Thread, Face problem or queries? Head here

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Dagashi
post May 4 2007, 12:54 PM

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QUOTE(cks2k2 @ Apr 9 2007, 12:56 AM)
Cannot be. Those who took engineering course max payback is RM300+ for 20 years from what I know.
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300 + is barely enough to pay back the principal+interest...
i loaned rm 40.5k, and if i pay back in 14 years time, I have to pay a whopping rm 52k.

QUOTE(doinkz_gaara @ Apr 17 2007, 01:35 PM)
I was just wondering,
Exactly how is the payment back, the formula they put at the website is confusing me. laugh.gif

3% every year, and another 3% the next year? In total 6% in two years?
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the formula contains several mistake and typo...i entered the formula into an excel sheet and it doesnt tally..lol sleep.gif

This post has been edited by Dagashi: May 4 2007, 01:02 PM

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