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Scholarship / Fund / Loan
Shell Scholarship 2023Deadline: 25 June 2023The offering is for candidates to be sponsored 2 tiers A-levels and undergraduates in prestigious colleges and universities locally and overseas. This is subject to the scholastic performance of the student.25 June 2023
UNM Research Excellence ScholarshipDeadline: 9 June 2023We are pleased to announce that the UNM PhD Scholarship is now open for applications to all high-achieving final year undergraduate students with potential First Class Honours, and final semester Master’s students. This competitive scholarship offe...9 June 2023
UNM PhD High Achiever Scholarship 2023Deadline: 9 June 2023We are pleased to announce that the UNM PhD Scholarship is now open for applications to all high-achieving final year undergraduate students with potential First Class Honours, and final semester Master’s students. This competitive scholarship offe...9 June 2023
Taylor's College ACCA Scholarship 2023Deadline: 21 July 2023Taylor's College ACCA Scholarship is an exclusive scholarship for students passionate about pursuing their professional accounting certificate.21 July 2023
Cagamas ScholarshipDeadline: 21 July 2023Cagamas Berhad (Cagamas), the National Mortgage Corporation of Malaysia, was established in 1986 to promote the broader spread of house ownership and growth of the secondary mortgage market in Malaysia. Cagamas issues debt securities to finance the p...21 July 2023
TOA - Malaysia Top 10 Outstanding Young Artists Awards Scholarship FundDeadline: Refer to announcementsTop 10 winners of this nationwide art competition will win a partial scholarship to further their studies at The One Academy.Refer to announcements
CIMB ASEAN ScholarshipDeadline: 11 June 2023The CIMB ASEAN Scholarship is a highly selective, full scholarship for exceptional students from ASEAN countries in which CIMB has a presence. We are looking for individuals fueled up to go beyond the ordinary.11 June 2023
Program Felo Perdana (Perdana Fellowship Programme)Deadline: 8 June 2023We wanted to share the good news that the Perdana Fellowship programme is back and applications are now open! KBS has taken careful considerations and improvements to the programme. This is to ensure that Fellows continue to have a fruitful experienc...8 June 2023
APU Malaysian Scholarships & Merit Awards 2023Deadline: 31 May 2023As part of APU’s long term mission & vision, we consistently aim to provide access to world-class education to a broad spectrum of Malaysian students. As part of our continuous efforts to provide better opportunities to pursue higher education ...31 May 2023
Astro Young Talent Programme (AYTP)Deadline: 31 May 2023Join Astro’s 18 months stream-based rotation programme to be part of our journey of creating magic moments for our customers through bringing our customers compelling content, enhanced products and experience they truly deserve.31 May 2023
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.