• Scholarship / Fund / Loan

• Japanese Government (Monbukagakusho: MEXT) Young Leaders' Program (YLP)

  This program is a full scholarship offered by the Government of Japan for qualified individuals to earn a Master’s Degree in Japan

  Deadline: 21 October 2022

• MIU Scholarship and Financial Assistance Scheme

  MIU Scholarship and Financial Assistance Scheme, with support from Penang Youth Development Corporation (PYDC)!

  Deadline: Ongoing

• Lion-Parkson Foundation Scholarship

  Through 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 ...

  Deadline: 24 September 2022

• Swinburne University Pro-Chancellor Excellence Full Scholarship

  At Swinburne, we take pride in ensuring our students come first. From high-quality teaching, to opportunities in industry engagement, our flexible study options and courses are designed with your future in mind.

  Deadline: Ongoing

• Sunway University Taught Masters Scholarship

  Sunway University has organized the Taught Masters International Scholarships. This is an open scholarship opportunity for students of all nationalities applying for taught master’s studies at the University. The award is designed for the academic ...

  Deadline: Ongoing

• Maxis Women in Tech Undergraduate Scholarship 2022

  The 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).

  Deadline: Ongoing

• Maxis Tech Undergraduate Scholarship 2022

  The Maxis Tech Undergraduate Scholarship provides the opportunity for deserving students to develop academically and enhance their tech knowledge and expertise.

  Deadline: Ongoing

• Maxis Young Leaders Undergraduate Scholarship 2022

  The 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.

  Deadline: Ongoing

• Bantuan Kewangan Pelajar Kolej Komuniti (BKPKK)

  Bantuan kewangan diberikan hanya kepada pelajar Kolej Komuniti yang kurang berkemampuan iaitu pendapatan isirumah tidak melebihi RM3,000 sebulan tanpa mengira bilangan tanggungan isirumah.

  Deadline: Ongoing

• Yek Min Ek Foundation Scholarship Programme

  The Yek Min Ek Foundation offers scholarships to deserving Malaysian students primarily from Sarawak pursuing their undergraduate degrees in local universities.

  Deadline: 1 September 2022

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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.