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.
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