KUCHING: The collaboration between the National Higher Education Fund Corporation (PTPTN) and Yayasan Sarawak (YS) in the repayment of Sarawakians’ PTPTN loans will reduce the burden of the students concerned.
Chief Minister Datuk Patinggi Abang Johari Tun Openg said the RM30 million allocated for the PTPTN repayment by the state government will be coordinated by YS.
“With this collaboration, we can resolve any outstanding issues faced by Sarawakians in repaying their PTPTN loans,” he said.
He said this during an exchange of Memorandum of Understanding (MoU) between YS and PTPTN at Wisma Bapa Malaysia here today.
Abang Johari said YS had also provided their own student loans in the past where no repayments were needed for those who obtained a first class degree.
“The assistance rendered by the state government for the PTPTN loan repayment will be based on YS’ processes as otherwise, there would be discrepancies for students who are under PTPTN and under YS,” he said.
The chief minister said the initiative by the state government to repay the PTPTN loans was initiated due to feedback from Sarawakians that they are burdened by the student loans.
“This was when we met Sarawakian students in Malaya during the ‘Lan Berambeh Anak Sarawak’ event at Kuala Lumpur.
“We also learnt that some were not able to travel elsewhere due to them being tied down to their PTPTN loans,” he said.
Abang Johari said this was not helped by the perception and pledges made by some quarters that their loans would be abolished.
“This created uncertainties where the students are left confused. Of course, if we abolish the PTPTN loans, the cost will be high.
“That is why I turned to his initiative where we give RM30 million through YS to repay the loans,” he said.