KUALA LUMPUR, Oct 23 — The National Higher Education Fund Corporation (PTPTN) borrowers have welcomed the repayment relief measures announced under Budget 2027, saying the deferment and lower monthly payments will help ease financial pressures, particularly among fresh graduates.
Under the measures, borrowers earning less than RM2,500 a month will be allowed to defer repayments, while those earning between RM2,500 and RM3,000 will only need to pay a minimum of RM50 a month. Borrowers with no arrears who make regular repayments will also receive a 10 per cent discount.
For Jeremiah Abraham Selvaraj, 43, a cyber security consultant, the education loan was instrumental in helping him complete his bachelor’s degree in mechatronics engineering at Monash University Malaysia and improve his family’s socioeconomic circumstances.
