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Scholarship / Fund / Loan
- 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
- Deadline: 20 September 2022MRC is inviting students to apply for scholarships to pursue either undergraduate studies or the Professional Graduateship of Rubber Technology. If you have a good track record of academic and extracurricular accomplishments, and above all, the PASSI...20 September 2022
- Deadline: 30 September 2022Yayasan KLK, a foundation established by KLK, offers scholarships to high-achieving young Malaysians who are studying or have gained a place at any Malaysian institutions of higher learning. Upon graduation, scholars may be offered the opportunity to...30 September 2022
- Deadline: 10 August 2022Be One Of The Top 20 Hong Leong Scholars With Extended Career Opportunities.10 August 2022
- Deadline: 15 August 2022The YTL Cement Scholarship offers students pursuing a degree in local universities the opportunity to explore their potential and shape their future in the field of engineering.15 August 2022
- Deadline: 30 September 2022The TAN SRI LEE LOY SENG FOUNDATION is an educational foundation which among other charitable activities, award scholarships to Malaysian students irrespective of their race and religion. The scholarship is tenable for the period laid down for the co...30 September 2022
- Deadline: 31 July 2022Hotayi offer scholarship opportunities made available for students. Hotayi aims to make higher education more accessible and affordable for anyone struggling during hard times.31 July 2022
- Deadline: 24 July 2022Permohonan adalah dipelawa kepada pelajar cemerlang lepasan Diploma tajaan JPA di bawah Program Dermasiswa B40 (DB40) untuk menyambung pengajian ke peringkat Ijazah Pertama dalam pelbagai bidang di Institusi Pengajian Tinggi Swasta (IPTS) (termasu...24 July 2022
- Deadline: 22 July 2022Cagamas 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...22 July 2022
- Deadline: 31 August 2022Yayasan Khazanah are supporting the Rhodes Scholarship for Malaysia. The Rhodes Scholarships are postgraduate awards supporting exceptional students from around the world to study at the University of Oxford. The Rhodes is the oldest and perhaps the ...31 August 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.