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Malaysia International Scholarship (MIS)Deadline: 18 May 2023Malaysia International Scholarship (MIS) is an initiative by the Malaysian Government to attract brilliant minds from around the world to pursue postgraduate studies in Malaysia. This scholarship is parallel with Malaysia's aspiration to emerge ...18 May 2023
OCBC Public Scholarship 2023Deadline: 30 June 2023The scholarship is open to students who have gained admission or are eligible for admission into their first year full-time undergraduate studies at all public and private universities recognised by the Government of Malaysia.30 June 2023
Sarawak Energy Scholarship ProgrammeDeadline: 30 April 2023Sarawak Energy aims to attract top Sarawakian talent in realising our vision to achieve sustainable growth and prosperity for Sarawak by meeting the region's need for reliable and renewable energy. Through our focus on talent management and deve...30 April 2023
The Yayasan Peneraju Sponsorship for Professional Accountancy Programmes (Partial Funding)Deadline: 20 June 2023Calling all aspiring accountants! If you are currently pursuing professional accountancy qualification such as FIA/ACCA, CFAB/ICAEW, CIMA, CPA Australia, or the MICPA-CAANZ, you are invited to apply for the Yayasan Peneraju Sponsorship for Profession...20 June 2023
Yayasan DayaDiri - Overseas University ScholarshipsDeadline: 30 April 2023We are pleased to announce that Yayasan DayaDiri is accepting Overseas University Scholarship application for 2023 intake tertiary studies in UK, US, and Australia! Do visit our website https://ydd.org.my to take part in this exciting opportunity.30 April 2023
Biasiswa Perguruan Persekutuan Program Ijazah Sarjana Muda Pendidikan (ISMP) Ambilan Tahuan 2023Deadline: 21 April 2023Peluang terbuka kepada semua pelajar Ijazah Sarjana Muda Pendidikan yang berkelayakan. Biasiswa ini adalah khusus kepada pelajar universiti awam SAHAJA.21 April 2023
The University of Newcastle Australia - ASEAN Excellence ScholarshipDeadline: OngoingThis merit-based scholarship has been established to attract high-performing students with a strong academic background and incentivises them to continue striving to be the best that they can be. Students eligible for this scholarship will be citizen...Ongoing
Yayasan Lim Yee Hoh BursariesDeadline: OngoingYayasan Lim Yee Hoh Bursaries offer up to 75% off the monthly rent to art students, artists or those pursuing art or performing arts as a career. Please contact us for more information about our bursaries.Ongoing
ASEAN Scholarship 2023 for MalaysiaDeadline: 26 April 2023These ASEAN scholarships are for students from Malaysia joining Secondary 1, Secondary 3 or Pre-university 1 in selected Singapore secondary schools or junior colleges. Find out if you are eligible and how to apply.26 April 2023
Japanese Government (Monbukagakusho: MEXT) Scholarship for Research StudentDeadline: 5 May 2023The Japanese government is inviting Malaysians to apply for their 2024 MEXT scholarship programmes for a chance to study in Japan next year. The postgraduate scholarship is targeted towards Malaysians under the age of 35.5 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.