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Scholarship / Fund / Loan
- Deadline: 31 October 2022Daikin Malaysia Group Scholarship Program 2022 is now open for Engineering (preferably in Electrical & Electronics, Mechanical, Mechatronic, Manufacturing), IT, Accounting & Business/Management courses.31 October 2022
- Deadline: OngoingSunway Medical Centre is rapidly expanding, and we want you to be part of our nursing workforce of the future. Good news is this - we are currently offering full scholarships for degree and diploma in nursing with 100% coverage of tuition fees and li...Ongoing
- Deadline: 28 February 2023The 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 2023
- Deadline: OngoingSuccessful candidates receive full AAT tuition, free learning and training materials, AAT registration and exam fees, insurance, free hostel accommodation and a monthly allowance during the 9-months full-time training. All candidates are required to ...Ongoing
- Deadline: 24 September 2022Through the Lion-Parkson Foundation we hope to create a pool of high caliber, skilled young Malaysian professionals by realising their potential to become Malaysia's future business and industry leaders, and help build a better tomorrow for our count...24 September 2022
- Deadline: OngoingThe Maxis Women in Tech Undergraduate Scholarship is aimed to celebrate and support young women with big ambitions for careers in science, technology, engineering and mathematics (STEM).Ongoing
- Deadline: OngoingThe Maxis Tech Undergraduate Scholarship provides the opportunity for deserving students to develop academically and enhance their tech knowledge and expertise.Ongoing
- Deadline: OngoingThe Maxis Young Leaders Undergraduate Scholarship offers future Malaysian leaders a platform to propel their leadership aspirations and become advocates for change, and ultimately successful and inspirational leaders for the nation.Ongoing
- Deadline: 31 August 2022At YCF, we believe that education is the basic foundation that shapes our lives and talent must be nurtured to give the students an opportunity to uplift succeed. For the next generation to flourish, our children need to be equipped with knowledge, s...31 August 2022
- Deadline: 1 September 2022The Yek Min Ek Foundation offers scholarships to deserving Malaysian students primarily from Sarawak pursuing their undergraduate degrees in local universities.1 September 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.