new question

which paying method shud i use??

the cost average wan? (1 monthly repayment rate the whole term)

or

the other wan wats it called? lol (1st few months pay lower then throughout the years the repayment rate increases)

crazy admin charges, borrowed 48K and ended up 64K+ inculding charges and interest (3%).... i wonder when will they confirm the 1% rate... argh

i'm waiting for 1%. meanwhile still paying.. let's hope this 1 january 2009 for some good news.

paying ptptn 300 per month .. dunno need to pay till when .. pay so long i think only pay liao not even 10k

i thought oledy confirmed?just saw in The Star many months ago.are they still considering it?

Guys, can anyone help me to confirm this?

It is interest-free if you clear PTPTN loan in one lump sum within 6 months after your graduation
Refer here



This post has been edited by roy918: Dec 10 2008, 07:36 PM

This is the reply i got from PTPTN officer regarding 1% charge:

Untuk makluman, perlaksanaan caj 1% bermula pada 1 jun 2008 sebagaimana kenyataan akhbar Y.B. Menteri Pengajian Tinggi dalam akhbar-akhbar utama pada 14 Ogos 2008. Pihak pengurusan PTPTN sedang menyediakan kaedah dan peraturan pelaksanaannya dan akan diedarkan untuk makluman dalam tempoh terdekat. Maklumat mengenai perkara ini boleh didapati di laman web www.ptptn.gov.my Kaedah dan peraturan tersebut juga akan dipaparkan di Laman Web PTPTN untuk panduan umum.


Surat perjanjian yang baru akan dihantar kepada peminjam awal Januari 2009, tempoh diberikan selama 30 hari untuk kembalikan kepada PTPTN. Selepas pelarasan siap sepenuhnya, kos 1% akan berjalan seperti biasa bagi mereka yang tidak mempunyai tunggakan pinjaman sebelum ini. Semua permohonan (untuk satu peratus) akan ditapis terlebih dulu dengan melihat kepada jumlah pembayaran mereka. Mereka yang membayar mengikut kadar ditetapkan sehingga 31 Mei lalu, layak menerima pengurangan caj. Bagi yang gagal membayar mengikut jadual, mereka tetap dikenakan caj perkhidmatan lama dan hanya boleh menikmati caj baru selepas selesai membayar tunggakan pinjaman ptptn sehingga 31 Mei 2008.

thhe 1% must apply for wan?
BTW how come can end up paying more than principal+3% like in Gravity's case?

wah, so its like this, haiya...make me feel so happy

So we must apply, if not we will be charged 3%?

i think the article say to entitle for 1%, you need pay all the amount you suppose to pay until mei 2008 ...

let said suppose u need pay rm3k until mei 2008 but you not even pay 1 cent, then you need pay rm3k now to entitle the 1% from the new balance ...

correct me if i am wrong ...

Oh; my loan period hasn't end yet. Hehe.
I got 24k but only used 11k, so wanna pay back all at one shot.

But 1% per year is attractive though.

do you pay accordingly ?

for my case, i borrow 21k, then in the contract state i need pay 153 a month for 15 years, means when reach 15th year, i already pay 27k including the interest ...

but let said i don't pay on time, then the amount surely will exceed 27k ... because they calculate the interest base on your balance ... like housing loan

let said your balance is 20k, 3% is 600, but someone balance only 10k, then the interest only 300 ...

Let's say I got RM24k loan, but I only used RM11k, so I'll returned the rest back. Does the interest only counts based on RM11k or the RM24k ya?

Abit confused. >_<

if u used 11k of 24k,then return the 13k ur interest will be calculated on 11k lor

for the first year, they will calculate the interest from 24k ... and the subsequent interest is base on how much balance left ... if you never pay before, then every year, the interest will recalculate from 24k++ ...

as curious said, let said today you go pay 11k, means your balance is 13k, and coming january, they will calculate the interest from 13k, and no more 24k ... this i assume is after 6 months you graduate ... hence your outstanding balance is still 24k ...

This post has been edited by Ken: Dec 30 2008, 03:48 AM

does anyone take loan from ptptn but doesnt need it as gotten financial aids from parents and take it secretly and place it at FD?or any other accounts which offer high interest in return or ur savings?

if you have the 1% rate, it does not make any sense for you to repay the loan at all as the interest rate is way lower than the fixed deposit rates.

Just pay as slowly as possible, and put any excess money you have in fixed deposit.

wait..so the loan will be 1% or 3 %...i m headache d...=(