Letters SS
Let me first introduce myself, I am Tee from Klang, Selangor. I just graduate recently from Multimedia University with B.Eng(HONS) Electronics.
The PTPTN loan i had received is RM66,000. I wish to start my payment as soon as possible but i still very confuse about the current interest rate apply to all IPTA and IPTS students. From the statement i got from PTPTN, they said the old rate still applied, and when i phone them, they said that the conversion from old rate to 1% is still on progress, until then, we still have to follow the old rate.
Now the problem is, our PM announce that new rate which is 1% will start to take effect on June 2008. Why PTPTN still using the old rate? and it take so long to convert.
When i ask them when the conversion will finish, they say they cant give me exact date means we still have to wait and paying to old rate. i think that is not fair to all students in malaysia. At my opinion, PM should’nt make such announcement if it is not possible or take such long time to complete the conversion.
I hope Mr.Lim can help not just only me but all the students in malaysia about this matter. RM66,000 and the interest might be a small amount for government but it is a big amount for fresh graduates and those who have family to support plus with current economy slow down.