KUALA LUMPUR: In a move to make higher education more accessible, the National Higher Education Fund Corporation (PTPTN) will offer full loans, covering tuition fees and subsistence, to students from families with a net income of less than RM4,000 a month.
Higher Education Minister Datuk Seri Mohamed Khaled Nordin said the new ruling would take effect on July 1.
“More university students will be eligible for full loans based on the new eligibility requirement,” he said after launching a seminar on entrepreneurial development here.
Previously, only students from families with a net income of less than RM3,000 per month qualified for full loans.
Students whose monthly family income was between RM3,000 and RM5,000 were entitled to loans that cover fees and part of living expenses. Those whose families earn more than RM5,000 or more monthly are eligible for loans that cover tuition fees only.
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