PUTRAJAYA, Jan 1 (Bernama) -- Students sponsored by the Public Service Department (PSD) under the 2016 service placement merit-based convertible loan (PBU) scheme may now opt to switch to the PBU Academic model in phases starting Monday.
In a statement today, the PSD said the first phase of the option offer, which runs from Jan 5 to Feb 5, involves students whose sponsorship ended on or after Jan 1, 2025.
The second phase will involve students whose sponsorship ended on or before Dec 31, 2024.
According to the PSD, the option exercise will be implemented through the Malaysian Student Engagement Online Feed (MySELF) portal.
“PSD-sponsored students are advised to ensure that their MySELF accounts are active and that contact information such as address, personal email and telephone number is updated to ensure the smooth implementation of the option process,” the statement read.
The government introduced the PBU Academic sponsorship model for PSD-sponsored students starting June 1, 2025, and since then, it has benefited more than 11,000 students at undergraduate and postgraduate levels.
In addition, the PSD said the government has agreed to extend the deferment period for the repayment of PBU 2016 student loans until June 30, 2026, for students with no outstanding arrears.
“Students who still have outstanding arrears are advised to settle them no later than May 31, 2026,” the PSD said.
-- BERNAMA
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