Yes, apparently there are a few students (including my friend) have called MMU and asking for letter regarding this matter. That's why I am telling you about it.

Thanks for the alert! Else, I will have to redo everything again and losing out a lot of time. How long did it take for your friend to get her letter from MMU? For my case, I checked with the Students Affairs department and unfortunately my details were already archived, they will need some time to retrieve from Finance department.

Imagine I fill in form and what not then receive rejection SMS.

epf minimun 2.5%

My friend's application has been approved yesterday. :-)
Got the notification sms when we were having lunch together yesterday.

Actually, it took MMU (Exam & Records Unit, Melaka) 4 biz days to retrieve the record of entrance and continuation to degree program. She called them everyday to follow up... hehe.

The letter from MMU was in an email. When submitting, KWSP requested for "certified true copy"... WHAT?!?!
But they back off and accepted the printed letter after showing them the email from MMU.

It's another 4 days before KWSP replied to confirm the withdrawal.

Now it's all done.

Although i settle my ptptn last month, my auto debit still deduct money from my acc last monday

Anyone got it too?

Have you got your settlement letter?
Call PTPTN to cancel the auto debit?

Got my letter,

The staff said they will cancel it and told me this month wont autodebit.
Nah suddenly deduct

Go bug the staff again.

depends on how much you will be paying back and how many more years. I have like 10 more years so i rather go for the monthly payment considering the 1% interest.

I got the letter from MMU Bursary yesterday (less than 2 working days) and immediately sent it over to a PTPTN officer. He helped me to do something in the system before I'm allowed to apply in EPF system. He did it quite instantly and followed with my withdrawal which he has approved as well. Now waiting for EPF SMS to go to nearest EPF for biometric verification.

I'm almost there.

I have left 18 years. But I settled it. -20% still quite worth it.

I still have more than 10 years but I don't want to be in a situation where I have no other option left besides mandatory salary deduction. I still have other commitments to factor in so I cannot afford to have this last minute heart attack again.
The earlier proposal, it is 5x from my monthly repayment though I always pay more but not to the extent of 5x..

At least I know there won't be discount anytime soon with this new government. I am withdrawing partially but still quite a hefty amount from my Account 2, I haven't withdrawn for my house yet. Will do so when I'm moving in.. The drawback is not much left inside now. These two years have to save as much as possible from my own savings.

Well, there's no right or wrong in this issue. It's everyone's preference and budget estimation.

yea since its a major change every month for you i guess its worth it. but since mine is still more than 10 years and not much change in amount next year, i'm sticking to the monthly deduction. its different for everyone on how we plan our money anyway

The monthly deduction amount that you sticking to is which amount?
The original amount as per contract or new amount announced recently which could be double or triple the original amount stated in the contract?

i re-negotiated my contract last year to be even less than the original contract. The new amount is also not much different next year so for my own planning, the 1% interest and no discount has more benefits for me.

David83, how's your payment via EPF? Is it completed now? When will you get the full settlement letter?

According to the officer I was assigned to, I can only get it around second week of Jan.

I didn't use EPF Account 2.
You maybe confused.

Yeah, just realised. However, have you got the full settlement letter?

Good for you.

My friend's application was rejected (due to the "change course" issue") after the biometric verification.
She is so glad it's all settled now.

PTPTN staff told her the monthly salary deduction would still go on for this month for one last time. And then the excess amount paid would be returned... No idea how soon though.

Yeah, glad that all is over. Mine is slightly different from your friend's case because I already settled Foundation payment when I was in university.
However, appreciate your pointer on the course change thingy and I recalled I have to do the same thing too as I switched faculty. Phew. So close.