SSPN (Skim Simpanan Pendidikan Nasional) is an education savings plan introduced by the National Higher Education Fund Corporation (PTPTN) to help Malaysians save consistently to finance their children’s higher education costs.It has been a mandatory requirement for PTPTN loan applicants since 2012.
Get to Know SSPN
- Shariah-compliant
- Can be opened by parents or legal guardians for children aged 1 day old up to under 29 years
- Eligible for income tax relief
- Earns annual dividends
- Takaful protection (specifically for SSPN-i Plus)