Tuesday, June 1, 2010
Posted by TraCy at 1:14 PM
To PTPTN borrowers who graduated with First Class Honours but not entitled to loan exemption:
All these years PTPTN borrowers were exempted from loan payment provided they graduates with a First Class Degree Honours. However, things changed in 2005. If one were to refer to PTPTN website, it was stated that "Exemption of repayment will only be considered for borrowers who obtain first class honours for loans approved prior to 1st July 2005 ONLY by submitting an application". And I was among the unfortunates.
Following the announcement of budget plan of 2010, I sincerely believed that all the university students were delighted by the news that First Class Honours graduates would be exempted from the loan repayment (again). Unfortunately, after checking with the authority from PTPTN, only graduates who complete their study in 2010 are eligible to that privilege. How could this happen? It is extremely unfair to the a few batches of students whose loan was approved after July 2005, and graduated in 2009.
In a letter I received from the office of the Higher Education Ministry recently, it was stated that: "Kementerian sedang mengkaji beberapa impak khusus kepada kerajaan apabila pengecualian daripada membayar balik pinjaman daripada PTPTN bagi pemegang Ijazah Kelas Pertama dilaksanakan. Perkara ini akan dibentangkan kepada YAB Perdana Menteri dan keputusannya akan dimaklumkan kelak."
I hereby appeal to all PTPTN borrowers who graduated with First Class Honours but not entitled to loan exemption to leave me a message, with your name/University/program/graduation year stated. I sincerely hope that we could be connected to each other via FB, united we stand and spell out our wish to be exempted from the loan repayment. I hope that we could at least put up a letter by the second week of June 2010.