PTPTN Allocates RM47.8 Mln In Advance Loans For July 2025 Intake

KUALA LUMPUR, July 2 (Bernama) -- The National Higher Education Fund Corporation (PTPTN) has allocated RM47.8 million in Loan Advance Payment (WPP) to 31,850 students pursuing diploma studies at public universities and polytechnics for the July 2025 intake.

In a statement today, PTPTN said each eligible student will receive RM1,500 to assist with initial preparation costs, ensuring their welfare is safeguarded as they begin their higher education.

WPP is offered to Malaysian students who consented to receive the advance loan during their application to public higher education institutions (IPTA) via UPUOnline or the official admission portals, and whose parents or guardians are recipients of the government’s Sumbangan Tunai Rahmah (STR) aid, subject to eligibility criteria.

Since its introduction in 1999, WPP has benefited 990,638 students with total disbursements amounting to RM1.46 billion as of May 31 this year.

As an agency under the Higher Education Ministry (MOHE), PTPTN said it remains committed to supporting students in gaining access to tertiary education.

Students can check their WPP offer through the myPTPTN app and redeem the funds at any Bank Islam Malaysia Bhd (BIMB) branch nationwide from today until Sept 1, by presenting their WPP offer letter and MyKad, although representatives are not allowed.

PTPTN chairperson Datuk Seri Norliza Abdul Rahim led a delegation to personally visit WPP recipients in Bukit Gelugor, Penang, where a total of 1,419 students were offered assistance mounting to RM2.13 million.

Norliza advised students to use the funds responsibly and encouraged them to apply for full PTPTN loans according to their institution’s application timeline to ensure timely processing and approval.

Applicants are also required to open a National Education Savings Scheme (Simpan SSPN) account via the app before submitting their PTPTN loan applications.

-- BERNAMA