PTPTN loan arrears hit RM10.7bil involving 1.16mil borrowers
Amalia Azmi, Hakim Mahari
KUALA LUMPUR: National Higher Education Fund Corporation (PTPTN) loan arrears involving 1.16 million borrowers have reached RM10.7 billion as of Aug 31.
The Higher Education Ministry said PTPTN was taking various measures to ensure the long-term sustainability of its financing model, including strengthening loan management and improving repayment collection.
It said loan terms and conditions would be refined to better target financing to those in need, based on PTPTN's financial capacity.
