Budget 2019: PTPTN loan payment initiatives

Published on 2 Nov 2018 6:12:31 PM

Finance Minister Lim Guan Eng, when tabling the Budget 2019 on Friday, announced initiatives to ensure the sustainability of the National Higher Education Fund Corporation (PTPTN). They include payment through deductions of between 2% & 15% from the borrower's salary, based on their monthly income rate and tax relief for companies that help their employees settle their PTPTN study loans in 2019 tax year.