THE NATIONAL HIGHER EDUCATION FUND CORPORATION (PTPTN)

Government Education Loan Scheme

The National Higher Education Fund Corporation (PTPTN) provides education loans to Malaysian students pursuing higher education in both public and private institutions.

PTPTN was established under the National Higher Education Fund Act 1997 (Act 566) and officially began operations on 1 November 1997.

Eligibility

Applicants must:

• Be a Malaysian citizen.
• Be below 45 years old during application.
• Possess SPM with at least THREE (3) credits.
• Meet the programme entry qualification requirements.
• Study in an MQA-accredited programme.
• Have at least ONE (1) year of study remaining.
• Not receive sponsorship from MARA, JPA or any scholarship provider.

Other Requirements

• Previous PTPTN borrowers must settle outstanding loans before making a new application.
• Students who discontinued previous studies must terminate the previous PTPTN agreement before reapplying.
• Applicants must possess an SSPN account before applying.

Online Application

Applications are submitted online through the official PTPTN portal during the announced application period. Applicants should prepare an active email address before applying.

PTPTN PIN Number

Applicants are required to purchase a PTPTN PIN Number from Bank Simpanan Nasional (BSN). The PIN costs RM5.00 and remains valid for SIX (6) months.

EMPLOYEES PROVIDENT FUND (EPF / KWSP)

Education Withdrawal Scheme (Account II)

The Employees Provident Fund (EPF), also known as Kumpulan Wang Simpanan Pekerja (KWSP), provides members with the opportunity to withdraw savings from Account II to finance higher education at recognised institutions in Malaysia or overseas.

Eligibility

Eligible members may withdraw the lower amount between:

• The total amount of education fees required; or
• The available balance in Account II.

Members may submit applications for withdrawal every academic year provided that sufficient balance remains in Account II.

How to Apply

Before submitting an application, EPF members are required to:

• Check the available balance in Account II.
• Obtain confirmation regarding the eligible withdrawal amount.
• Complete the required EPF education withdrawal application form.
• Submit the application together with supporting documents.

THE SOCIAL SECURITY ORGANISATION (SOCSO / PERKESO)

Education Loan Scheme

The Social Security Organization (SOCSO) provides social security protection through social insurance including medical benefits, cash benefits, artificial aids and rehabilitation services to employees. These benefits aim to reduce suffering and provide financial protection and security for employees and their families.

One of the benefits provided by SOCSO is the Education Benefit, which is offered in the form of an education loan to eligible dependent children of SOCSO contributors receiving monthly benefits such as Dependant's Benefit, Survivor's Pension, Permanent Disablement Benefit or Invalidity Pension.

Eligibility

Applicants must fulfil the following requirements:

• Be a dependent child of an employee who contributes to SOCSO insurance schemes.
• Be a child of a contributor receiving Invalidity Pension, periodic or permanent disablement benefits.
• Be a child of a contributor who passed away due to employment injury or before reaching 55 years old.
• Be below 21 years old and unmarried at the time of application.
• Be pursuing a recognised Degree, Diploma or Certificate programme approved by the Ministry of Education.
• Demonstrate good academic performance and gain admission into a recognised higher learning institution.

Loan Coverage

SOCSO provides education loans of up to RM100,000 to eligible children of members who receive monthly Invalidity Pension benefits.

The borrower is required to repay the loan through monthly instalments after completing the study programme.

How to Apply

Applications must be submitted by completing the "Permohonan Pinjaman Pendidikan PERKESO" form available at the nearest SOCSO office.

Applicants may visit the official SOCSO website for further information:

Foundations or Yayasan in Bahasa Malaysia are non-profit organisations established to provide financial assistance, support and development opportunities to individuals, communities and charitable organisations.

Many State Foundations provide education loans, scholarships and financial assistance to eligible students pursuing higher education.

Eligibility

Eligibility requirements vary according to each State Foundation. Students are advised to check the latest terms and conditions provided by their respective State Foundation.

• Malaysian citizen.
• Born in or permanent resident of the respective state.
• Registered as a student in a recognised higher education institution.
• Meet academic and financial requirements set by the foundation.

Application Process

Applications are normally submitted online through the official website of each State Foundation. Students should prepare the required supporting documents such as identification documents, admission letters, academic results and financial information.

Note: Students are advised to refer to the official website of their respective State Foundation for the latest information regarding available education loans, scholarships, application periods and eligibility requirements.