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Scholarship / Fund / Loan
- Deadline: 5 July 2021The Fellowship is a Leadership Development Programme that trains Fellows to become changemakers in the education system. Fellows are given the chance to teach in high-need schools to deepen their understanding of the education landscape and the roots...5 July 2021
- Deadline: OngoingYSD Skill Enrichment Bursary Programme is a dedicated and structured platform established by YSD in support of the national Technical and Vocational Education and Training (TVET) education agenda with the aim to award more bursaries for underprivileg...Ongoing
- Deadline: OngoingUniversity College of Technology Sarawak (UCTS) is offering internal & external scholarships to Malaysian students who wish to study at UCTS Sibu campus.Ongoing
- Deadline: OngoingWe help our students liaise with external agencies to secure study loans. There is an option for everyone, and we recommend researching what is available before speaking to our student officers. Whatever your choice is, we will be glad to help.Ongoing
- Deadline: OngoingIn driving and transforming MSU towards excellence, financial assistance has been provided to outstanding and deserving students to acquire quality education. The funds are distributed through various means including collaborative efforts between MSU...Ongoing
- Deadline: OngoingA range of scholarships and other financial assistance is available to help support the cost of studying at Heriot-Watt University Malaysia.Ongoing
- Deadline: OngoingSkills Development Fund Corporation (PTPK) is a statutory corporation which organised by the Ministry of Human Resources which the main purpose is to provide loans for those individuals who undergo some skill trainings.Ongoing
- Deadline: OngoingThe PTPTN Education Financing Scheme was established to provide more opportuinities for students to pursue higher education at local institutions.Ongoing
- Deadline: OngoingPresently, KOJADI has a total 13 loan schemes under its loan programme to cater for a wide spectrum of education courses ranging from vocational and technical to undergraduate and postgraduate studies.Ongoing
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.