KUALA LUMPUR: A total of 45,550 out of the 132,801 borrowers of study loans from the National Higher Education Fund Corporation (PTPTN) who were blacklisted had made loan repayments amounting to RM239.forty four million, up to October thirty one.
Deputy Education Minister Datuk Mary Yap Kain Ching said the move to blacklist the borrowers wasn't administered indiscriminately however it absolutely was a final resort after the borrowers failed to make repayments and came for negotiations.
“The borrowers are blacklisted when 5 reminders are sent to the borrowers or sixteen months after the completion of their studies,” she told the Dewan Rakyat sitting, here today.
The deputy minister said this when replying to an issue from Wan Hasan Mohd Ramli (PAS-Dungun) on the burden and implication borne by the PTPTN borrowers if they did not repay the loan.
She said that among the implications faced by the borrowers included blacklisting at the Immigration Department and summonses plus various different reminders and negotiations offered by the PTPTN.
On borrowers who were still unemployed, Yap said the ministry allowed them to postpone reimbursement for 2 years and they had to approach the PTPTN for the negotiation process.
Source: BERNAMA
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