PTPTN announced 2016 dividend for SSPN-i and SSPN-i Plus

The Malaysia National Higher Education Fund (Perbadanan Tabung Pendidikan Tinggi Nasional, PTPTN) has just announced dividend for year 2016 for both the education savings schemes SSPN-i (Skim Simpanan Pendidikan Nasional) and SSPN-i Plus respectively on 13 February 2017.

The 2016 SSPN-i and SSPN-I Plus dividend payout rate is 4%, amounting to RM76.74 million. This rate is the same as previous payout for 2015.

According to PTPTN, the number of SSPN-i accounts opened to date is 2.7 million, with deposits amounting to above RM2.6 billion.

There are only 53 thousand SSPN-i Plus accounts opened since its launch on 8 June 2015, and the deposited amount is RM15.8 million.

Historical SSPN-i dividend payout rate is as below:

• 2016: 4.00%
• 2015: 4.00%
• 2014: 4.25%
• 2013: 4.25%
• 2012: 4.25%
• 2011: 3.75%
• 2010: 3.25%
• 2009: 2.50%
• 2008: 4.00%
• 2007: 4.00%
• 2006: 4.00%
• 2005: 4.00%
• 2004: 3.00%

You can proceed to the Online SSPN-i Statement of Account website for checking of the transactions and amount of savings in your kid's SSPN-i account.