Graduates with National Higher Education Fund (PTPTN) loans can defer repayment for six months until September.
“The deferment in PTPTN monthly loan repayments will take immediate effect today until Sept 30. This will benefit almost 1.5 million PTPTN borrowers,” said Prime Minister Muhyiddin Yassin.
The total amount involved would be around RM750 million, he said at a press conference in Putrajaya.
The deferment in the PTPTN loan repayments is one of the many initiatives of the government to lessen the burden of the people during the Covid-19 pandemic.