In 2000, the government has established a Skills Development Fund (TPK) to provide financial assistance in the form of loans to skills trainees especially school leavers. The fund is managed by the Skills Development Fund Corporation (PTPK). The function of PTPK is to provide skills training loan to individuals such as school leavers, graduates and others who are interested in pursuing Malaysian Skills Certification (SKM), Malaysian Skills Diploma (DKM) and Malaysian Advanced Skills Diploma (DLKM) at Public or Private Skills Training Providers accredited by DSD.
To produce more highly trained individual to support the government’s Five Regional Economic Corridor projects and the various sectors of National Key Economic Areas (NKEA).
Skills Education Study Loan Qualification Criteria
Qualifying for the Skills Education Study Loan
Study Loan Application Process
PTPK is open to process new loan applications throughout the year. The students need to fill out an online Loan Application Form with the help from Training Provider.
To develop or enhance workers skills, in order for them to obtain higher income to match with present and future living standards.
Study loans will need to be paid back with interest. There are several loan repayment methods in place for the convenience of the student.
For cash repayment, student could make payment to either PTPK directly or at any BSN Bank or Post Offices nationwide.
Alternatively students could make a bankers cheque / Bank Draft / Money Order and address the payment to “Ketua Eksekutif Perbadanan Tabung Pembangunan Kemahiran” . To reduce the hassle, you could also instruct your bank or employer to make periodic monthly deductions.
If you prefer online payment, you could use any of the following banks to make payment.
To facilitate student’s enquiry on loan application and repayment, an easy, fast and practical SMS System called MySMS (15888) is available.
PTPK MOHON <space> MyKAD. NO and send to 15888
PTPK BAKI<space>MyKAD.NO<space>Accound.No and send to 15888
For more information log on to ptpk.gov.my