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A People's Consultative Paper (KKR) will be tabled to the Cabinet on a new mechanism for repayment of National High Education Fund Corporation (PTPTN) loans,
The names of the borrowers of the National Higher Education Fund (PTPTN) for first time home buyers will be taken out from the Central Credit Reference Information (CCRIS) blacklist to enable them to buy house.
The National Higher Education Fund Corporation (PTPTN) needs between six and 12 months to review implementation of the new repayment method for study loans.
The employers admitted that they knew nothing about the mandatory scheduled salary deductions announced by the National Higher Education Fund Corporation (PTPTN)
Employers have no right to directly deduct loan repayments from the salaries of their staff who are the PTPTN (National Higher Education Fund Corporation) borrowers without their (employees) consent.
The Pakatan Harapan government is punishing the borrowers of the National Higher Education Fund Corporation (PTPTN) loan who had served their loans diligently by announcing the scheduled salary deductions scheme.
The National Higher Education Fund Corporation (PTPTN) defended its policy to implement the scheduled salary deductions announced yesterday by claiming that the borrowers had agreed to make repayments according to the schemes provided, including scheduled salary deductions through their employers.