Ok, just some quick questions and I hope you guys can help out here.

1. The PELAJAR will have to sign the PERJANJIAN PINJAMAN PENDIDIKAN and his signature must be witnessed by a SAKSI PELAJAR. Now, who can be the saksi? Must the saksi be any one of the people listed by PTPTN as "layak untuk mengesahkan dokumen-dokumen"?

2. Both the PENJAMIN PERTAMA and the PENJAMIN KEDUA must sign the JAMINAN and their signatures must be witnessed by a SAKSI PENJAMIN. Same question as (1), must the saksi be any one of the people listed by PTPTN as "layak untuk mengesahkan dokumen-dokumen"?

3. The rest of the documents that are required to be submitted, as listed in the SENARAI SEMAKAN DOKUMEN YANG PERLU DISERAHKAN OLEH PELAJAR, will have to be certified true copy by any one of the people listed by PTPTN as "layak untuk mengesahkan dokumen-dokumen". That's quite straightforward.

I hope someone can clear my doubts on items 1 and 2. Many thanks.

Well, if you want the loan, you have to accept the offer before the PTPTN officers come to your Uni or College because that is when they will collect back the duly signed documents which you have to print out from your computer. And you can only access them for printing if you accept the offer. Naturally, if you decide you do not want the loan, you have to reject the offer.

On when these PTPTN officers will visit your Uni/College for this purpose, you have to check with your Uni/College admin or maybe you can call PTPTN to enquire.

Yes, you must have at least RM500 in the SSPN account before you can apply for PTPTN. And when you open the SSPN account, you have to show proof that your household income is <RM2,000 per month, i.e. your parents' payslip, EA Form, Form J, etc.

The PTPTN loan will be credited to your account and not directly to the College.

Your should open the SSPN Account first before applying for PTPTN.

From the PTPTN Website


1. If your parent is the "pendeposit", then the "pemanfaat" (beneficiary) will be one of your parents' children, being a student who is applying for the loan (being you in this instant).
2. Your parents will have to open another SSPN Account with your sister as the "pemanfaat". However, the TOTAL amount in BOTH accounts (yours and your sister's) must be RM500 (if your household income is <RM2,000 per month) or RM3,000 (if your household income is >RM2,000 per month).
3. I called the Hotline the other day and got through on first try.
4. Not sure about this.

As long as the penerima of PTPTN (of which your mom is the guarantor) has not defaulted in payment etc, then it should be ok.

Yes, you can open SSPN account with MBB.

IINM, it's about 2 months after submitting your application with the PTPTN officer in your College/Uni. You can check regularly at the PTPTN website.

According to their website, MBB is included. However, they could have just added it in recently.

http://www.ptptn.gov.my/web/english/sspn-form

The best thing you can do now is to check with TARC when the PTPTN officers will be going to your College to certify documents and collect all the applications from the students. Like some of the forumers have already said, PTPTN has different schedules for each College. Don't worry, it won't as soon as you enter College. It would be at least after 2 or 3 months. Just check the schedule with your College.

Are you sure the online application is only for TARC students? I thought MMU students are also applying online? Well, at least they did for 2007. Don't about this year. Anyone from MMU here can clarify this?

Yes, you can still apply for PTPTN for twinning programme as long as you are studying locally. Students from Taylors, Metropolitan and even Monash have been applying for PTPTN although they are taking the Australian Degree.

You mean PTPTN disbursed 1/3 of the total amount 3 times during the year? Or 50% every 3 months, meaning within the duration of 6 months they'll disburse the full amount?

I think there is a maximum amount PTPTN can loan. IINM it's RM16k per annum.

Well, I hope someone can clarify this.

AFAIK, the latest is that you don't have to deposit the RM500 or RM3,000 into the acoount, Just open with RM20 will do.

Did you tell them that you want to open a "SSPN Account" or a "bank account for PTPTN"? Both can be quite different. If what akira de aimbuster said above is true, then maybe you had just opened an account for PTPTN to deposit the loan money, because PTPTN do specify which Bank they will deposit the money into and when you apply for the loan you'll have to state the bank account number.

Geez, I hope someone can clarify whether we do need the SSPN account or not.

I'm quite certain that MMU's foundation programmes qualify for PTPTN loan. Maybe KTAR and UTAR too, but not too sure.

A question from me. Will PTPTN loan to siblings at the same time? Or they only finance one child at a time?

Hmm... maybe you should just check out a few posts earlier and not just jump in with your question ya.
Your question has been answered earlier here...

By SSPN slip I presumed you meant the Application Form for opening the SSPN account? The Bank will keep the original and will give you the pink copy. Yes, that slip is important and a copy should be attached together with your application form as proof of having opened the SSPN account.

But no worries, if you lost it you can always go to the Bank where you opened the account and politely request for a copy.

Yes, you need 2 accounts to apply for PTPTN. The SSPN account is for you and/or your parents to save up for your education and the other normal saving account is for PTPTN to dispense the loan to you.

I thought PTPTN went to MMU on 29 July 2008? If you missed that too, I think they will be there again on 31 July 2008 and that's today.

This post has been edited by MayAnne: Jul 31 2008, 12:42 AM

All agreements with PTPTN presently will still state 3% as administrative cost (in other words, interests), but would be adjusted once the new system is implemented in December 2008.

This is taken from the PTPTN website…



And here’s the Article…




This post has been edited by MayAnne: Sep 11 2008, 10:49 AM

You need to open 2 accounts because one is for PTPTN to deposit your loan (in your case it's the Bank Islam account) and the other one is an account you have to open when you sign up for the Skim Simpanan Pendidikan Nasional (National Higher Education Fund Corporation). As it is, beginning from 2008, anyone who wish to apply for PTPTN loan have to sign up for the scheme. It is basically a savings scheme which puts emphasis on "Savings Towards Higher Education".

Read about here at the PTPTN Website ---> http://www.ptptn.gov.my/web/english/savings

Frankly, the PTPTN Website is quite comprehensive and you can find almost everything you need to know there.

Well, although what you said there may be true to a certain extend but that is not the actual purpose of the SSPN account. It is actually there to encourage you to save a little every month during your college/uni days so that when it comes to repayment when you start working, the amount in your SSPN account will help to pay off the loan.

Like I've mentioned, the PTPTN Website is quite comprehensive and you can find almost everything you need to know there.

For more info about SSPN account, you can refer to the PTPTN website and check what they say under "Savings" ---> http://www.ptptn.gov.my/web/english/savings

And for info on withdrawals from SSPN account, please go to "Statement and Withdrawal" ---> http://www.ptptn.gov.my/web/english/savings/statement

What do you mean by you can't check? Didn't I post it up earlier?

Anyway, just go to the PTPTN website or just click here ---> http://www.ptptn.gov.my/web/english/savings/statement

And this is what it says on WITHDRAWAL...

Withdrawal of savings can only be done after one (1) year of saving in the SSPN. The withdrawal of 10% of the balance in the account or RM500 (whichever is lower) once annually is allowed (after one year of becoming member). Withdrawal of up to 100% of the balance of the account is allowed if the beneficiaryfulfils one of the following criteria:

- Is accepted to any government recognised IPT;
- Withdraws voluntarily from the education system or is terminated for specific reasons;
- Chronic illness with no hope of recovery with doctor’s certification;
- Permanent disability; or
- Death

You guys really need to be spoon-fed is it?

Like I have mentioned so so many times, the PTPTN website is actually quite comprehensive and you can easily find the answers to all your queries there.

Don't worry, no prob. But frankly, I managed to have most of my queries answered when I browsed that website and I called them once to clarify something about the SSPN. Now they have dedicated a whole section under "Savings" for SSPN and the answers to some of the questions asked here about the 1% administrative charges and the calculation of insurance are all glaring on the main page of the website.

Don't get me wrong, I'm not complaining. I'm glad to be of help but what I'm trying to instill is that for those who are applying for PTPTN must be college/uni students meaning 18 and above and it's about time we learn to stand on our own two feet and be more independent. It's all part of growing up ya.