KUALA LUMPUR: The National Higher Education Fund Corporation (PTPTN) has allocated RM41.5 million in Loan Advance Payment (WPP) to 27,674 students for this year’s intake into higher education institutions.
Its chairman Datuk Seri Norliza Abdul Rahim said the WPP is offered to Malaysian students who agree to receive the assistance when applying for admission to public higher education institutions through UPUOnline or the public university admission portal.
She added that the students’ parents or guardians are the Sumbangan Tunai Rahmah (STR) aid recipients and meet the eligibility criteria set by PTPTN.
“Each eligible student will receive RM1,500 as initial preparation for entering a public university or polytechnic, to ease financial burdens and protect their welfare.
“PTPTN is always mindful of students’ welfare, especially when they start their journey into higher education.
“This facility demonstrates the government’s concern in alleviating financial burdens at the early stage of study.
“We want every student to start their studies without worrying about the cost of living or fees,” she said in a statement today.
Norliza added that PTPTN is committed to ensuring no student is left behind in pursuing education due to financial constraints.
She said students can check their WPP offers via the myPTPTN app and redeem them at Bank Islam Malaysia Bhd counters nationwide starting this Wednesday.
“The redemption period is valid for two months, from Sept 24 to Nov 23.
“Students must bring the WPP offer letter printed from the myPTPTN app along with their MyKad.
“Redemption by student representatives is not allowed,” she said.
Meanwhile, Norliza said 1,380 students in Penang received WPP, involving an allocation of RM2.07 million, including 88 students in the Bukit Gelugor area who received the same benefit amounting to RM132,000.
“We hope this assistance will support their pursuit of knowledge and help produce quality graduates,” she said.
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