Just spoken to Chairman of Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN), Dr. Mohamad Shahrum bin Oshman, who is also MP for Lipis, on the complaint in this blog on PTPTN loan interest by Tee from Klang who just graduated from Multimedia University and wanted to begin payment for his RM66,000 PTPTN loan.
However, he was told that the old interest rate of 3% still applies although Prime Minister Datuk Seri Najib Razak had announced that the new rate of 1% would take effect from June 2008.
Mohamad Shahrum confirmed that the PTPTN interest is 1% and those who had paid 3% from June last year would have the excess credited to their account.
Thanks Mohamad Shahrum for the instant clarification which should put the issue to rest.
If Tee and other PTPTN borrowers have problems with the 1% loan interest, they are welcome to raise them here.
Other posters should be more indulgent with the English standard of posters, as they are victims of a system which saw the plunge of English language in Malaysia from global standards.
If posting their views and grievances on this blog can help in raising their English standards, this blog is glad to be of service.
(2) Re the June 2, 2009 post by a IPTS student “Have MARA run out of funds leaving hundreds stranded without their bumiputera student loans – and how can such a financial scandal happen?”, its all’s well that ends well.
I had raised the issue in the recent Parliament and I had written to the student whether he would want me to raise funds for him.
This is the email from the IPTS student which I received yesterday:
“Thanks for the offer YB Lim,
“I was busy with my final examination and i just got back from penang recently. For your information, i will be receiving Mara loan from next semester onwards. Thank you for your help YB Lim”