To all new students / Cosmopoint Students- to be, especially for those who are applying or wish to apply for PTPTN Education Loan, starting from 1 January 2012, all students who decided to be part of Cosmopoint College – Sabah Campus MUST have an SSPN account with a minimum deposit of RM20. An Additional savings can be made as soon as the SSPN card is received or any other form of verification of membership in the National Education Savings Scheme. SSPN or also known as The National Education Savings Scheme was designed by the National Higher Education Fund Corporation (PTPTN) for the purpose of higher education.
Upon student registration in Cosmopoint KK, student will be provided a copy of PTPTN Application Form to be filled and usually will given times by the registrar to fill the form, in the same time to provide all supporting documents needed to support the loan application.
The supporting documents needed including a copy of student’s identification card, a copy of parents identification card, a copy SPM slip or certificate, copy of CIMB Acc No (Information enquiry) and SSPN Acc No. All these documents are stated in the PTPTN Application Form (refer to the first page of the PTPTN form).
Therefore, for the SSPN Acc, students may open a SSPN account in Maybank, Bank Islam Malaysia Berhad, CIMB, BSN and also few more financial institutions. However, for Cosmopoint KK Campus, student are required to open the account in Maybank only since SSPN account balances can be checked directly / next day PTPTN website for opening an account at Maybank. SSPN opening account form can be download from PTPTN official website or from the financial institutions counter.
CATEGORY OF AGE
There are 3 age categories for opening of SSPN account:
Account opened by the parents / guardian or other Malaysian citizen for any Malaysian citizen aged 18 years and below and may be maintained up to the age of 28
Malaysians aged 18 and above have an option of opening their own accounts or have it opened by their parents / guardian.
Malaysians aged 29 and above have to open their own accounts
Documents required for this purpose are:
i. Copy of MyKad / military card / police card of the applicant;
ii. Copy of child's birth certificate / MyKid / MyKad; and
iii. Testimonial / Certificate of Adoption (for parents intending to open an account for the adopted child under their legal custody)
For more information on the opening of SSPN account, students are encouraged to refer to the registrar of Cosmopoint College upon students’ registration process.
Students may also log on to www.ptptn.gov.my for more information on SSPN opening account.