Over Two Million PTPTN Borrowers Are Repaying Their Loans As Of Dec 31, 2024 - MOHE

KUALA LUMPUR, Feb 21 (Bernama) -- A total of 2,448,105 National Higher Education Fund Corporation (PTPTN) borrowers have made repayments since Dec 31, 2024, with 1,044,595 settling their loans completely, the Higher Education Ministry said.

In addition, 383,637 borrowers failed to begin repaying their loans, which have a combined total of RM5.25 billion, in the same period, the ministry said in a written answer posted on the Parliament’s official website.

“A total of 585,638 borrowers are repaying consistently and 817,872 borrowers are making inconsistent repayments involving arears of RM5.80 billion,” it said.

The ministry issued the written answer in reply to Nordin Ahmad Ismail’s (PN-Lumut) question regarding the total number of PTPTN borrowers who are currently repaying according to repayment schedules, those who are paying not according to repayment schedule and those who failed to repay, as well as the total value of arrears for each category.

-- BERNAMA