How To Pay PTPTN Loan? Earn 10% Profit 还PTPTN的终极大法 !!! 还赚10% !!!

How To Pay PTPTN Loan? Earn 10% Profit 

还PTPTN的终极大法 !!! 还赚10% !!!

How To Pay PTPTN Loan？(Chinese Version)

如何还PTPTN贷款（中文版）

CHECKING BLACKLIST & SMS FOR CHECKING PTPTN BALANCE

 

CHECKING BLACKLIST
http://sspi2.imi.gov.my/



SMS FOR CHECKING PTPTN (PERBADANAN TABUNG PENDIDIKAN TINGGI NASIONAL) LOAN

This features is for students to check their loan balance & deposit in SSPN account via SMS technology. Do type in:

SSPN Deposit:

PTPTN SSPN<SPACE>NO AKAUN SSPN

Example: PTPTN SSPN 017704190598986

and send to  33199

 

Request for Pin No:
PTPTN NOPIN<SPACE>NOKP

Example: PTPTN NOPIN 820504159636

and send to  33199

 

Ujrah Conversion Status:
PTPTN UJRAH <NOKADPENGENALAN> <NOPIN>
Contoh: PTPTN UJRAH 720222025402 25344
and send to  33199

Advance Loan (WPP):
PTPTN WPP <NOKP>
Contoh: PTPTN WPP 800917085428
and send to  33199

 

50 cent will be charged for every SMS.

20% Discount For Full Settlement Of PTPTN

NATIONAL Higher Education Fund Corporation (PTPTN) borrowers can expect a 20% discount off their loans if they settle in full by Sept 30 next year. Those who fail to meet the deadline are entitled to a 10% discount if they have been repaying their loans consistently.Fresh graduate Zamri Kassim said the discount would spur people to settle their loan.

“It’s hard to manage your finances when you’re just starting out in the workforce, so every little bit of help counts,” he said. Lecturer C. Kumar said the PTPTN administration costs must be done away with.
“Since the PTPTN is a government body, it should absorb the administration fees as well,” he said.

Malaysian Institute of Baking academic board chairman Dr S. Thiagarajah said the PTPK loans should be available to students who did not qualify for PTPTN loans.

“Not everyone is academically inclined. It will be a waste if we don’t tap into the talent of those who are good with their hands.”

The Government also plans to allocate RM500mil to provide skills training for 3,200 Indian youths in estates.
Universiti Kebangsaan Malaysia Institute of Ethnic Studies principal research fellow Datuk Dr Denison Jayasooria said it was commendable to assist the neglected section of the society.

“Industrial training and job placement may be the best option to prevent these displaced youths from engaging in anti-social behaviour.”

The schooling assistance of RM100 for all primary and secondary school students will also be continued.

 (Summarized From The Star Newspaper)

PTPTN Loan Application Standard Process (For Malaysian)

Bureau of National Higher Education Fund student loans PTPTN
The Government Bureau of National Higher Education Fund was founded in 1997, mainly to provide student loans to underprivileged students, to assist them in entering the college threshold. The student loans had only let local National College student application (including the students of the Polytechnic Institute), but that was also open to the domestic private college students. Authorities in approving applicants before the loan will be careful consideration of the economic situation of their families;, as long as it is eligible, the loan approval rate is almost 100%.
Eligibility For:-

•     Age does not exceed the 45-year-old Malaysian citizens.
•     Malaysian Certificate of Education (SPM) obtained at least three subjects of Excellence.
•     In line with the National Qualifications Agency (MQA) requirements apply to enter the local private college must have the basic qualifications.
•     Has been admitted to the local National or private college diploma or degree courses.
•    Private college courses must obtain a National Qualifications Agency (MQA) identification (akreditasi); students from MQA courses identified sites (www.mqa.gov.my / mqr) to obtain information about the list.
•     For twinning programs in local private colleges, PTPTN only domestic courses tuition loans, not to provide foreign course fees.
•     Did not receive other scholarships.
•     The duration of the courses remaining apply not less than one year.
•     Since 2012, the Higher Education Fund applicants shall the national education savings account (SSPN), before application is made.
•    Parents or students can PTPTN counter or designated agents the lowest RM 20 set up a national education savings account (SSPN).

How to Apply?

1. Students must apply through the National Higher Education Fund Board website (www.ptptn.gov.my).
2. The severally college application time, but generally after the commencement of the students to the exact time of its website.
3. National Savings Bank must go to RM 5 purchase No. PIN, to apply With No. PIN on the site.
4. The application deadline six days later, the student can be online searching if they are to successfully obtain loans.

The amount of the loan

• National Higher Education Fund will according to the economic situation of the applicant's parents or guardians to provide the amount of the loan. The loan is divided into three categories, namely full amount of student loans, half the cost of student loans and tuition student loans.
• Science students of the National University Bachelor of annual loans to RM 1,600 to RM 6,500 to RM 2,100 to RM 7,000 AND COMMERCE candidates can loan; diploma students RM 1,000 to RM 5,000 annual loans.
• Bachelor of private college science students annual loans up to a maximum of RM 30,000, ART AND COMMERCE candidates can loan up to RM 16,000; diploma students annual loans up to a maximum of RM 15,000.
• Since 2008, the National Higher Education Fund Board no longer issue the a unified amount of student loans, but according to the students' chosen fields of study, location of the repair credits and studying at institutions of higher learning, decided the students should receive the same amount. The specific amount by PTPTN website queries.

Application for the PTPTN what matters the attention?

• The first payment will be imported directly into the loan account. Subsequent payments import, must first be recognized tertiary lenders can continue their studies, and achieved a total average score of 2 points or more.
• All successful students who obtain loans must apply for insurance (arranged by the National Higher Education Fund Board).
• Required to start repaying the loan six months after graduation or after the official work.
• Required to pay 1% per year (based on the outstanding amount of calculation also) administrative fee.
• The repayment period is between 5-20 years.
• Student loans, do not need to sign any service contracts and government.

Information and advisory
Perbadanan Tabung Pendidikan Tinggi NasionalAddress: Lot G2 Tingkat Bawah, Wisma Chase Perdana, Off Jalan SemantanDamansara Heights, 50490 Kuala Lumpur.Tel :03 -20927788Website: www.ptptn.gov.my

7 Ways To Apply PTPTN Loan Via Online

How To Apply PTPTN Loan
1. Apply for a the PTPTN program:
- Please tour the PTPTN official website http://www.ptptn.gov.my of, log in and complete fill out the information, and uncertain part can be stored and updated information later date. Note: Once submitted (pengesah completed, the applicant will not be allowed to modify any of the information.) - The deadline for: 
* The deadline for the first batch of applicants for 15/9/2012* Of the grant application deadline for 15/10/2012 
- Applicants must be submitted in accordance with the 30 days prior to the start dates of tertiary distance to complete (pengesahan this step) (anda hanya dibenarkan menghantar permohonan sekurang-kurangnya 30 hari sebelum tarikh mula pengajian * mengikut surat tawaran IPT *)- To confirm that the any the PTPTN form submitted details, please contact PTPTN official hotline: 0320804455-PTPTN authorities will decide whether the application based on the information provided by the applicant. To determine whether it is through concern PTPTN official website or hotline.- Application losers can check the information provided is error for the application of the new round of the semester (if any), or in the new semester.- Successful applicants need to follow the website instructions to prepare all relevant documents and PTPTN submitted on the date specified by the school officials.-PTPTN applicant's application and determine whether the applicant successfully obtain PTPTN loans will be filtered again.-PTPTN will, after the deduction of the tuition is automatically credited to the loan account.

2.Online application PTPTN• prospective tertiary students to apply online through http://www.ptptn.gov.my/gateway/.• To know more about how to fill out the application form can be download Panduan http://www.ptptn.gov.my/gateway/ ninth Dan Peraturan Am Mengisi in Surat Tawaran Pembiayaan, Dokumen Perjanjian dan Lampiran Perjanjian Pembiayaan Pendidikan PTPTN.

3.Online information required to apply for PTPTNO applicantso identity card numbero effective the email address oBSN PIN nombor (can be purchased at the Bank Simpanan Nasional RM5 no PIN PTPTN)Account Number (oSSPN since January 1, 2012, all of the students would like to apply for PTPTN must have a minimum of RM20.00 to savings in SSPN account)o mailing addresso mobile phone number and home phone numberThe applicant has done work: the company's address, telephone and institutions code, gaji kasar, and gaji bersih, no. The Income oTax, KWSP membership number, start work date (if worked)oBank Islam's account number
* Reminder: in the department that a bachelor of Degree = ijazah pertama
o applicants parent or guarantor informationo identity card numbero mailing addresso mobile phone number and home phone number (if not, please fill in the phone number can be contacted relatives)o valid email addressthe o of Salary (kasar and bersih)o No. Income Taxo KWSP membership number (if working)

4.Be prepared to apply for PTPTN matters.• two RM10 SETEM HASIL (Post Office)
• Prepare documentso the applicant's identity card copy (A4 size)Note: when copying the front and back sides of the identity card required on the same side.o SPM transcriptso Surat Tawaran photocopyo Bank Islam a copy of the account numbero STPM results photocopyo parents payroll photocopy

Note: when copying the front and back sides of the identity card required on the same side.o If the parents are not alive, prepare for death confirmed copy ofo If the parents do not pay slips, students can download the Borang Pengesahan Pendapatan, completed and then sahkan(Http://www.ptptn.gov.my/docs/borang% 20pengesahan% 20pendapatan.pdf)o Other documents to Buku Panduan prevailo Note: The above documents are needed Pengesahan

5. Qualified Pengesahan officials• Procedure of the People's wakil rakyat / senator• President (confined to government schools)• police officer posts ASP and above / Pegawai Tentera berpangkat Kapten atau setaraf dan ke atas• village head / JKKK Chairman• swear officer (the some lawyers floor)• staff of government departments (kumpulan A teacher usually is penolong kanan, ketua bidang,, and penyelia petang)• Government sector professionalsSabah and Sarawak the - Ketua Kaum / Ketua Anak Negeri / Kapitan / Pemanca / the Pegawai Taman Sabah.• Note: The all must pegawai or saksi Malaysian nationals live in Malaysia. The Cop the Pegawai or saksi need pegawai job title and department / pegawai work address)

6. Submitted to the PTPTN The dokumen need to pay attention to:• applicants are required to be printed from the Internet has been successful in the application file, within, includinga) Senarai Semak Dokumenb) Surat Tawaran Pembiayaan Pendidikani. Akuan Penerimaanii. Surat Kebenaran 1,2 / 3/4 (mengikut yang berkenaan)c) Dokumen Perjanjian Pembiayaan Pendidikand) Dokumen Lampiran Pembiayaan Pendidikan• Applicants must prepare documents b), c), d), a) simply prepare a.• copy shall be printed directly from the computer, while the other can be a copy can.• Both documents need white A4 size (80gsm) of paper, each must look to see PTPTN logo watermark.• the applicant's available in blue or black ballpoint pen, to ensure that only one color.• completing each document required to fill in large letters.• When incorrectly or a mistake in completing the applicant must draw a line across the wrong word, and then the typo of the right-hand side of the signature.* Reminder: Do not use correction fluid* Reminder: the students if conversion department or college, need to be obtained before ptptn refund and re-apply ptptn.
7. Wang Pendahuluan Pembiayaan (WPP)• If students fill in the UPU form fill accepted the RM1500's wang pendahuluan pembiayaan, students will receive their checks before and after school in the University.• students take the check to the bank to be exchanged for cash.• received wang pendahuluan students will PTPTN remittances in the coming installments deducted (reminder: not necessarily in the first semester deducted) to pay off the RM1500 semester, the number and amount to be deducted will PTPTN decided based.• If students fill in the UPU form fill accept RM1500 the wang pendahuluan pembiayaan of the students did not receive their checks will not be the advent of the PTPTN remittance installments deducted RM1500.• Wang pendahuluan pembiayaan list of approximately announced in August, students can pay attention to ptptn official website, the list will be published in the official website, subject to the official website.


If students have any PTPTN problem, and doubt recommend students to contact the officials and staff of Unit Pinjaman dan Biasiswa HEP

PTPTN Education Loan Blacklist Checking Website

4 Easy Steps To Check PTPTN Loan Blacklist 

1. Go to PTPTN Blacklist Checking Portal  Website
2. Type Your IC Number Number:123456789456
3. Click "Semak" Button
4. You will know the status whether you are blacklist or not

If Blacklist, What should I do?

1. Blacklisted PTPTN loan borrowers have to settle their total amount of the remaining loan balance (lump-sum) including any other cost (if any). 
2. You can also fill in the 'Borang Permohonan Baki Pinjaman' that can be obtained in the PTPTN website or call  their hotline number at 03-2080 4455.
3. If not settle the payment, PTPTN department will have authorities to bar the borrowers from leaving Malaysia/ going overseas until all the total amount of the remaining loan balance is settled. Payment should also be made 7 days before scheduled date of travelling/ going overseas 
   

Why Should Reject PTPTN 's 1% Ujrah? (From Other Author & Only For Sharing & Awareness Purpose)

Why Should Reject PTPTN 's 1% Ujrah? 

 

PTPTN has recently announced that they will reduce the interest rate charged from 3% to 1% and requires the borrower to submit their application to get the reduction. After that, the loaner would need to wait for a while before PTPTN will send electronically the new contract for the 1% ujrah scheme. The terms and condition can be seen on the new contract that requires you to sign it and affixed a RM10 stamp duty each for 2 copies.

Okey..now we move on to the gist of this post. Why you should REJECT the 1% ujrah and maintain your 3% payment!! On the surface everything looks nice and dandy as 1% interest is lower than the current 4% interest. HOWEVER, here are the 3 reasons why you would consider to reject it.

1. The interest calculation for the 1% ujrah is based on fixed interest rate scheme aka something like what you have for a car loan. So if you loan RM10,000, you will need to pay RM10,000 + RM100 for 15 years. I surveyed around and found out that most/all contracts is for 15 years. Current old scheme is at 3% using mortgage reducing calculation (similar to housing loan. In Bahasa Melayu is "baki berkurangan"), where the interest charged monthly will be calculated based on the remaining principal. So if you pay more each month, the interest charged (kos pentadbiran) will be lowered. 

In general, mortgage reducing calculation type will lead to lower total interest rate compared to fixed interest calculation for the same amount of interest charged by PTPTN. And if you suddenly hit jackpot and decided to clear your debt, the mortgage reducing calculation type will help you to save money. That is why it is always a bad idea to clear early your car loan. (since you still need to pay the same amount of interest regardless of when you clear entirely the loan amount).

For argument sake, 1% is much smaller than 3%, hence the new scheme seems much more beneficial and cost savings for the loaner. However, point number 2 is really punishes those that diligently payback PTPTN and render the new scheme useless & pointless.

2. I have no idea why PTPTN comes out with this next idea. (Note that ujrah idea was approved in 2008 by the government but took a few years to implement!!)

Remember that point 1, PTPTN uses fixed interest 1% calculation on your loan. However, the loan amount is based on the remaining amount on June 2008!!!  Yes...2008. Not sure why PTPTN don't at least try to use year 2011 or even best best case use the amount when you submitted your new contract.

For example, lets say your remaining loan at 2008 was at RM10,000. However, in 3 years you diligently pay the minimum required amount and the loan at year 2011 , now stands at RM5,000. So, you will think that the 1% ujrah interest calculation will be based on RM5,000. Then you will be dead WRONG!!!

If you look closely at the near contract, it clearly shows that the 1% ujrah will be based on RM10,000 (the amount you had left in 2008). And hence the interest charge would be RM100 instead of RM50 (1% of RM5,000) which you thought. Using 2008 as the reference point really does not make sense for those that payback a huge sum in within those 3 years. You actually get charged another 1% on the RM5,000 that you already paid back!!!!

I have made a general rough calculation, if a person paid diligently the MINIMUM amount monthly under the old 3% scheme (provided you continuously payback during the >June 2008-2011) until you clear the entire amount, the total interest accumulated is not that much compared to the 1% scheme which calculation is based on June 2008 loan amount. Furthermore, YOU CANNOT save on interest if you decided to clear all your loan earlier. 

So for those diligent and law abiding students that regularly & consistently pay back, the 1% ujrah is not beneficial since interest savings cannot be achieved.

3. With new contract comes new term & conditions inserted. Now PTPTN requires payment to be done through your employer. (hopefully your employer is honest enough to send the amount each month. I am not sure for those that work in big companies, how are they going to explain to the HR finance do this extra procedure or extra task. You are giving people more things to do!!!)

Secondly, by signing away this new contract, it gives PTPTN the full authority to submit your PTPTN loan information and your personal details to the banking system, EPF, LHDN, etc. This means that your CTOS & CRIS points will be affected if you tend to be slow or negligent in servicing your loan. This is no joke as thru CTOS & CRIS, every bank knows your loan track record.

And it also gives PTPTN full authority to ask the banks to reject your future loan applications.  And any court fees issued to you to demand payment will be bored by you.

They also can demand full payment from government bodies such as EPF to clear fully your loan, if you are continuing to be a stubborn mule in  repayment.

4. In order to protect their investment (I deemed this is a good reason by PTPTN. Their money is our rakyat's money after all), they will buy insurance takaful on your life. This is just in case you croak and cannot fully clear the remaining loan. But you need to pay for the takaful ( i assume this is cheap compared to conventional life insurance. I remember with RM1 school children can be insured. Now sure how much for an adult) and the premium amount is not stated by the contract. 

So no information on the premium amount and the amount of coverage. (Ambiguity in a contract is a NONO) PTPTN now has the authority to solicit the remaining loan amount not covered by takaful from your family if you say bye bye.

5. PTPTN has the right to charge another additional 1% (ta'wid or pampasan) on the monthly loan amount that you "forget" to pay. And by right, ask you to pay up the full amount immediately if they deem fit. And immediately, if they discovered that you are a bankrupt or in need of financing help/counselling from AKPK, they can also ask you to pay up.

So be wise, and DO your own DUE DILIGENCE before accepting this new 1% ujrah. (certain situation may merit you to take the loan!! For those diligent ones that pay extra each month, it is better NOT to take up the new contract) When things look too good to be true, always LOOK for the fine print.

And finally the scariest part in the contract.

“23. Walau apa pun yang tersebut diatas, PERBADANAN berhak pada bila-bila masa menurut budi bicara mutlaknya meminda atau menambah terma-terma atau syarat-syarat yang terkandung di dalam PERJANJIAN PEMBIAYAAN PENDIDIKAN.”

(The Article Source is From http://www.knowthymoney.com/2011/10/5-reasons-why-you-should-reject-ptptn-s.html, for sharing and awareness purpose to ptptn user)