PETALING JAYA: A total of 361,384 borrowers have never made any repayment to the National Higher Education Fund Corporation (PTPTN).
It involves loan amounts totalling RM5.13 billion, which in reality could cover financing for a period of two years and thus have a direct impact on the national education loan fund.
PTPTN chairman Datuk Seri Norliza Abdul Rahim said the funds collected through repayments are used to help new students, particularly those from low-income families, realise their dreams of pursuing higher education.
"With an estimated average financing of around RM15,000 to RM20,000 per student per year, the RM5.13 billion could realistically finance hundreds of thousands of public university students," she told Utusan Malaysia.
"Every repayment is not merely about settling debt, but is an investment in the future of education for the next generation."
Based on estimates, PTPTN requires allocations of about RM3 billion annually to support 450,000 existing borrowers and 150,000 new borrowers in obtaining education loans.
However, only 2.59 million borrowers have repaid the total loan amount of RM25.97 billion as of Dec 31, 2025.
PTPTN, which was established under the National Higher Education Fund Corporation Act 1997 (Act 566), manages loans for higher education purposes, collects loan repayments and provides savings schemes for higher education.
Norliza said loan repayment is crucial to ensure the continuity of education loan funds for current students and future generations as part of a shared responsibility within society.
Borrowers' commitment to settling repayments not only sustains the fund, but also ensures that opportunities for higher education financing can continue to be enjoyed by more students in the future, she said.
Norliza also said that borrowers' awareness of the importance of loan repayment reflects an understanding that PTPTN funds are revolving funds that depend entirely on the commitment of previous borrowers.
"Loan repayment by borrowers is very important to ensure the sustainability of the loan fund for students and future generations, and at the same time reflects an increasingly positive level of awareness of shared responsibility."
"Borrowers may discuss or negotiate through loan restructuring for flexible repayment plans according to their respective capabilities. Loan repayment by borrowers is very important to ensure the sustainability of the loan fund for students and future generations, and at the same time reflects an increasingly positive level of awareness of shared responsibility," she said.
"Borrowers can discuss or negotiate through loan restructuring for flexible repayment plans according to their financial capacity through the #PTPTNBolehBincang initiative," she said.
Norliza said PTPTN has also introduced the #PTPTNSediaBantu initiative to assist borrowers through easier, faster and safer service channels.
"This initiative aims to help borrowers deal with PTPTN without having to face complicated procedures, while also providing advisory services and continuous support," she said. - NST
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