PTPTN Offers RM41.5 Mln In Loan Advance Payments To Assist 27,674 Students

Kuala lumpur: The National Higher Education Fund Corporation (PTPTN) is offering RM41.5 million in Loan Advance Payments (WPP) to 27,674 bachelor’s degree students entering public universities and polytechnics this October.

According to BERNAMA News Agency, students can check their WPP offers via the myPTPTN application and redeem it at Bank Islam Malaysia Berhad (BIMB) counters nationwide starting Sept 24. Students must bring the WPP offer letter printed through the myPTPTN application and their MyKad for redemption; representatives are not permitted. The WPP is valid for a two-month period, from Sept 24 to Nov 23, 2025.

Under the WPP program, each eligible new student will receive RM1,500 to assist with initial preparations for university and polytechnic entry. Since its inception in 1999, 990,646 students have benefited from the program, with total allocations reaching RM1.46 billion as of Aug 31.

PTPTN stated that the WPP is available to Malaysian students who consented to receive it during their Public Higher Education Institution admission application via UPUOnline or through the UA admission portal. Additionally, the student’s parents or guardians must be recipients of the Sumbangan Tunai Rahmah (STR) and meet the set eligibility criteria.

The announcement also highlighted that 1,380 students in Penang were offered WPP, totaling RM2.07 million, including 88 students in Bukit Gelugor who received a RM132,000 allocation. PTPTN chairman Datuk Seri Norliza Abdul Rahim emphasized that the WPP reflects the government’s commitment to alleviating students’ financial burdens during the early stages of their studies.

“May this assistance ease your journey in gaining knowledge and help produce quality graduates who can contribute to the development of the nation,” she said.

Students can apply for PTPTN loans online through the myPTPTN application, aligned with the application dates set for each university and polytechnic. Applicants must have a National Education Savings Scheme (Simpan SSPN) account, which can also be opened via the myPTPTN application.