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Scholarship / Fund / Loan
- Deadline: 30 January 2022Application for the 2022/2023 Chinese Government Scholarship-Bilateral Program is now open for Malaysians. Eligible applicants are advised to find out more about the introduction of Chinese Government Scholarship, brief Introduction of Chinese Univer...Expiring Soon30 January 2022Expiring Soon
- Deadline: 31 January 2022Monash University Malaysia is offering the Pharmacy Excellence Scholarship 2022 to Malaysian or International students enrolling into Monash to pursue education in Bachelor of Pharmacy (Honours).Expiring Soon31 January 2022Expiring Soon
- Deadline: 31 January 2022The Chinese Government Scholarship-AUN Program is a full scholarship established by the Ministry of Education of the People’s Republic of China for the ASEAN University Network (AUN) to support students, teachers, and scholars from ASEAN nations to...Expiring Soon31 January 2022Expiring Soon
- Deadline: 18 February 2022The Embassy of Japan is pleased to announce that the Japanese Government (Monbukagakusho:MEXT) Scholarships for Japanese Studies is now open for application until 18th February 2022.18 February 2022
- Deadline: 18 February 2022The Embassy of Japan is pleased to announce that the Japanese Government (Monbukagakusho:MEXT) Scholarships for Teacher Training is now open for application until 18th February 2022.18 February 2022
- Deadline: 20 February 2022Universiti Tunku Abdul Rahman is offering the UEC Scholarship 2022 to Malaysian citizens, with good academic results in UEC and excellent personality and leadership qualities.20 February 2022
- Deadline: 28 February 2022The YH2 Capital Scholarship programme is launched in 2019 and is fully funded by the Co-Founders and Co-CEOs of YH2 Capital Management Pte. Ltd. in Singapore. The programme offers up to two fully funded, bond-free Scholarships each year for undergrad...28 February 2022
- Deadline: 28 February 2022The International School of Kuala Lumpur (ISKL) offers two International Baccalaureate Diploma Programme (IBDP) Scholarships for Sijil Pelajaran Malaysia (SPM) leavers. Scholarships are inclusive of full tuition and external examination fees.*28 February 2022
- Deadline: 28 February 2022Universiti Tunku Abdul Rahman (UTAR) is offering the Eco-Shop Scholarships to all Malaysia citizens age below 25 years with strong leadership skills and active participation in extra curricular activities, sporting events, and community service.28 February 2022
- Deadline: 1 March 2022The Bright Spark Full Scholarship is available for the Fast Track A-Level Programme at ECiM. Students must have excellent straight-A results, show extra-curricular achievement and must display a genuine need for financial support.1 March 2022
Financial Aid Providers
In Malaysia, the sponsors of financial aid come from various categories. These include scholarships and loans offered by the government, non-governmental organisations, the private sector, government-linked companies and trade associations.
Types of Financial Aid
Higher education is one of the most important investments you will make in your lifetime. With the increasing cost of education, planning ahead is essential to finance your education. So what are some options you can explore? Here are some common ways students seek financial aid.
Scholarships are monetary awards given based on academic or other achievements and are non-repayable, which means you won't have to pay the money back. Scholarships are awarded by the government, non-government organisations, corporations and independent foundations.
You may have heard people using the terms 'scholarship' and 'bursary' interchangeably, however, bursaries are usually non-competitive and automatic, and often based on financial need without emphasis on academic standing.
Grants are similar to scholarships and also don't have to be repaid. The difference is that grants are often need-based while scholarships are usually merit-based. Grants are also given to students who carry out academic research projects.
- Education Funds
Education Funds are Scholarships or loans provided by the Government / foundation / private educational institutions / financial institutions to reduce the burden of financing a student's education expenses, whether locally or overseas.
- Tuition Fee Waiver or Discount
Many private higher education institutions in Malaysia offer partial or full tuition fee waivers or discounts based on merit (e.g. academic, sports, leadership roles). Recipients are often required to maintain a minimum CGPA to continue enjoying the tuition fee waiver.
- Unit Trusts & Insurance Schemes
These are typically investment schemes that parents undertake for several years to secure financial funding for their child's higher education.
Loans are financial obligations that must be repaid. Loans are mostly provided by private sector or government bodies.
Financing for Higher Education
The cost of tertiary education does not come cheap, but it is a lifetime investment for your future. Therefore whether your parents can afford your entire or partial cost of tertiary education, you are advised to go through this pathway in order to be competitive in your career advancement. If your family cannot afford the cost, you may work while studying part-time or look for some forms of scholarship, study grant, loan or other sources of financial aid to help you to pay for your education.
Read the article on Scholarships & Study Loans for Higher Education here.