via GIPHY #1 Unemployed People that fall under this group are currently not working and have no recurring income. If you find yourself in this situation, head to one of the three agencies PTPTN has teamed up with to help borrowers find jobs once graduated. The National Chamber of Commerce and Industry of Malaysia (NCCIM), employment agency like Jobstreet.com Sdn Bhd or Peninsular Malaysia Labour Department are among the avenues to help.

via GIPHY #2 Medically unable to work If you met with an accident or fall sick and are not able to work, you can turn to student loan forbearance. A loan forbearance acts as your loan holder until you are able to be in a state where you can pay back your loan. However, the interest will continue to add up so when you are able to pay, the amount may be higher.

“A loan forbearance acts as your loan holder until you are able to be in a state where you can pay back your loan.”

#3 Low income Malaysians are categorised into three income groups, top 20% (T20), middle 40% (M40), and bottom 40% (B40). Those who graduate with first class honours and are from the M40 and B40 group can be exempted from paying. A deduction of 2% per month will be imposed on those earning RM2000 and above and will gradually increase to 15% as your salary increases.

Source: Infographic by Department of Statistics Malaysia

#4 No intention to pay As hard as it is to believe, there are people who do not intend to pay back their loan. This is a horrible idea as there are harsh penalties involved. You will be banned from getting any other loans, blacklisted from travelling outside of the country and legal action can be taken against you. To negotiate from being banned contact PTPTN immediately!

via GIPHY #5 Not traceable Now, this means that the borrower has gone completely MIA and there is no data from them. You can only manage this if you plan to live a life on the run as multiple platforms will be used to track you. If you plan on doing this think twice about taking a PTPTN loan so you don’t have to ruin your future.

via GIPHYTo sum up, PTPTN should not be taken lightly and if you intend to take it be sure you intend to pay it back as well. By agreeing to the terms and conditions you have already signed a legal binding contract. Head over to The Credit Counselling and Debt Management Agency (AKPK) for advice and help about how to manage your debts. Watch Hello I have Issues episode 11 for more information about PTPTN.