<p>KUALA LUMPUR: Graduates earning between RM2,501 and RM3,000 a month will only need to repay their National Higher Education Fund Corporation (PTPTN) loans at a minimum rate of RM50 per month, with the flexibility announced in the 2027 Budget.
Key takeaways
Graduates earning RM2,501-RM3,000 will pay a minimum RM50 monthly for PTPTN loans, per Budget 2027.
- Graduates earning below RM2,500 will not repay loans until they meet income thresholds.
- Budget 2027 introduces loan repayment flexibility for over 400,000 people.
- RM20 million allocated for food supplies in campus kitchens under Dapur Siswa Madani.
Summarised automatically by AI from the original article by New Straits Times. AI can make mistakes, so check the original for details.
KUALA LUMPUR: Graduates earning between RM2,501 and RM3,000 a month will only need to repay their National Higher Education Fund Corporation (PTPTN) loans at a minimum rate of RM50 per month, with the flexibility announced in the 2027 Budget.
Deputy Higher Education Minister Adam Adli Abdul Halim said the loan repayment flexibility initiative is expected to benefit more than 400,000 people, helping to ease the financial burden on graduates who have just entered the workforce.
He said graduates earning below RM2,500 a month would not need to begin repaying their loans until they reached the stipulated income threshold.
"We can address this concern in the most effective way possible for now.