When can new students redeem their PTPTN Loan Advance Payments?

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New students can redeem their PTPTN Loan Advance Payments from September 24.

New students eligible for the PTPTN Loan Advance Payments (WPP) can begin redeeming these funds at Bank Islam Malaysia Berhad (BIMB) counters nationwide starting September 24. This initial redemption period is set to last for two months, concluding on November 23, 2025.
Redemption Commencement Date

The National Higher Education Fund Corporation (PTPTN) has announced that the redemption of the Loan Advance Payments (WPP) will officially commence on September 24. This initiative aims to provide financial assistance to new bachelor’s degree students entering public universities and polytechnics.
Validity Period for Redemption

The WPP funds will be available for redemption over a defined two-month period. Eligible students must complete their redemption by November 23, 2025, ensuring they can access the RM1,500 allocated to help with initial university preparations.
Redemption Process and Requirements

To redeem their WPP, students are required to present a printed WPP offer letter obtained through the myPTPTN application along with their MyKad. The statement clarifies that representatives will not be permitted to collect the advance payment on behalf of students.
Scope of the WPP Initiative

This year, PTPTN is offering RM41.5 million in Loan Advance Payments to 27,674 bachelor’s degree students. Since its inception in 1999, the WPP programme has benefited 990,646 students with a total allocation of RM1.46 billion as of August 31.

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When can new students redeem their PTPTN Loan Advance Payments?

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