The National Higher Education Fund Corporation (PTPTN) was established under the Perbadanan Tabung Pendidikan Tinggi Nasional Act 1997 (Act 566) on 1st July 1997. PTPTN began its operations on 1st November 1997 at Wisma Chase Perdana, Off Jalan Semantan, Damansara Heights, and Kuala Lumpur.

PTPTN functions:

• to manage funds for tertiary education purposes and collecting repayments of financing;
• to provide and manage education savings schemes; and
• to perform such other functions as a conferred on PTPTN by any written law.

Education financing application conditions are as follow:

• Citizen of Malaysia;
• Passed SPM with minimum 3 credits in any subjects;
• Does not exceed 45 years of age on the date of application;
• Been offered a place at IPTA/ IPTS and Polytechnic by fulfilling entry requirements determined by the Ministry of Education and Malaysian Qualifications Agency (MQA);
• The course pursued must have registration approval from the Ministry of Education;
• For IPTS students, the course pursued must have the Certificate of Accreditation from the MQA and still valid on the date of application;
• For a student who has other qualifications, a verification must be obtained from the department or agency as stated above;
• The remaining period of study at the time of application should not be less than one (1) year;
• Has no other sponsor(s);
• Has opened SSPN-i account.
• For the student who has been granted the PTPTN loan before and quit or has been dismissed from another institution, all the outstanding balance must be settled first before applying for the second time.

For more information, please visit http://www.ptptn.gov.my/