• Scholarship / Fund / Loan

• 

  HWUM MBA Scholarships - Shaping Entrepreneurial Women Scholarship

  The 30% Club Malaysia and Edinburgh Business School are delighted to announce that for a seventh year, a scholarship to attend the part-time MBA programme at the Heriot-Watt University Malaysia campus will be offered to an entrepreneurial woman. The ...

  Deadline: 15 December 2023

• Malaysia Australia Colombo Plan Commemoration (MACC) Scholarships

  This scholarship will provide financial support to Malaysian students who commence an undergraduate or a postgraduate program in 2024.

  Deadline: 15 December 2023

• Malaysian Nurses Association - Study Loan

  Interest free loan is only applicable to life members of Malaysian Nurses Association (MNA) (life member for minimum of 2 years).

  Deadline: Ongoing

• Utrecht Excellence Scholarship for 2024-2025

  The Utrecht Excellence Scholarship for 2024-2025 offers a remarkable opportunity for international students to pursue master’s studies at Utrecht University, one of Europe’s premier research institutions. This fully funded scholarship is availabl...

  Deadline: 1 February 2024

• KWBTSM - Study Loan

  KWBTSM grants educational study loans to deserving students who are financially disadvantaged and currently enrolled in tertiary educational institutions. These study loans are repayable through monthly instalments commencing from a month after the s...

  Deadline: Ongoing

• AMMA Foundation - Study Loan

  The AMMA Foundation was established in 1980, as a Company limited by guarantee and not having Share Capital. Its principal objective is to assist needy Malaysians to pursue their studies at approved institutions of higher learning in Malaysia. The Fo...

  Deadline: Ongoing

• ECM Libra Foundation - Study Loan

  The Foundation offers the Study Loan to selected and deserving students from disadvantaged backgrounds who are pursuing their tertiary education.

  Deadline: Ongoing

• Daikin Malaysia Group Scholarship Program 2023

  Daikin Malaysia is now open for application of our Scholarship program for the year 2023.

  Deadline: 30 November 2023

• Reach Oxford Scholarship

  Students should note they must apply for admission to the University before they can be considered for a Reach Oxford Scholarship. The University is unable to consider any scholarship applications from students who have not been offered a place at Ox...

  Deadline: For 2024 entry applicants who apply by the 7 February 2024 scholarship deadline, the selection process will be undertaken in March 2024.

• MCKL Excellence Award Scholarship 2024

  Enquire with MCKL's counsellors for more info on how to attain a full/partial scholarship. 100% Scholarship with our Excellence Award.

  Deadline: 1 December 2023

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Scholarship Explained

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
  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.
• Bursaries
  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
  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
  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.