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Section 26

Commencement of repayment of educational loan

of Perbadanan Tabung Pendidikan Tinggi Nasional Act 1997

ActIn forceProvision 30 of 64
Section 26
(1)

It shall be the duty of a recipient student to repay his educational loan to the Perbadanan not later than six months from the date he completes or ceases to pursue the course of study in respect of which the loan was given in a higher educational institution.

(2)

Notwithstanding subsection (1) and subject to the terms and conditions of the educational loan agreement entered into between the

Perbadanan and the recipient student, the Board, on an application by the recipient student made before the expiry of the six-month period in subsection (1), may extend the period of time for repayment of the educational loan upon such terms and conditions as the Board deems fit to impose.

Perbadanan Tabung Pendidikan Tinggi Nasional 25