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- Scholarships Explained!
Scholarship / Fund / Loan
- Deadline: OngoingBiasiswa Karangkraf is an education fund set up in 2004 to assist SPM, STPM and Diploma students who wish to pursue their higher education. The scholarship program is open to the public with options to study at SEGI, Universiti Tun Abdul Razak (UNIRA...Ongoing
- Deadline: OngoingLWI adalah pembiayaan yang disediakan tanpa insentif. Tiada sebarang jumlah diskaun bayaran balik pembiayaan akan diberikan. Pelajar perlu membayar pembiayaan berdasarkan jumlah yang telah dikeluarkan tanpa sebarang kadar keuntungan.Ongoing
- Deadline: OngoingSunway Medical Centre is rapidly expanding! And you could be part of our future Nursing task force. We are offering Scholarship for Diploma in Nursing. Are you ready to make a change in Healthcare industry?Ongoing
- Deadline: OngoingIn the situation of college graduates facing low employment rates in China, companies face serious shortages of technical expertise.Technical professionals have become the new darling of the job market, with better treatment and development potential...Ongoing
- Deadline: OngoingAmcorp Group Berhad in collaboration with Yayasan Azman Hashim is offering study grants amounting up to RM70,000 to Malaysian citizens pursuing ACCA full time and not exceeding 20 years of age as of enrolment date.Ongoing
- Deadline: OngoingCreativity has it's reward! Creative Talent Award is one of the first scholarships in Malaysia that reward you for your creative talents! Apply today with your latest academic result! Let your creativity take you further!Ongoing
- Deadline: OngoingHumanitarian Scholarships are offered to international students who come from war torn countries. This is to ensure that these students get the education they deserve.Ongoing
- Deadline: OngoingLimkokwing Foundation Scholarship offers discounts like Sibling Discounts, Spouse Discounts and Staff Discounts.Ongoing
- Deadline: OngoingTo build the talent and skills force in the countries in which we operate, we grant annual scholarships to students with outstanding academic credentials and leadership potential.Ongoing
- Deadline: OngoingMemikul tanggungjawab yang lebih besar di samping meningkatkan imej dalam menguruskan kutipan dan agihan zakat yang telah mencapai lebih RM100 juta setahun.Ongoing
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.