A TOTAL of 79,873 students are eligible for loan repayment exemption from the National Higher Education Fund Corporation (PTPTN) involving an allocation of RM2.06 billion nationwide as at January 31 this year.

Higher Education Minister Noraini Ahmad said of the total, 11,287 borrowers are from Johor, which involved an allocation of RM294 million.

She said PTPTN provides loan repayment exemption to borrowers from the B40 and M40 family categories who obtained a first class bachelor’s degree.

“With this initiative, eligible PTPTN borrowers do not have to repay their loans,” she said in a statement today.

“Through this initiative, it also clearly shows the government’s concern in helping Malaysian families from the B40 and M40 groups to gain access to higher education and ease their finances during the Covid-19 pandemic.”

Earlier, Noraini presented PTPTN loan repayment exemption approval letters to two recipients at their homes in Batu Pahat.

The two are former Universiti Teknologi Mara student Sayyida Aisya Azira Hady Purnama, who received a refund exemption of RM9,980, and former International Islamic University Malaysia student Aishah Hanis Abdul Majid, who got a refund exemption of RM19,960. – Bernama, February 25, 2022.