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Scholarship / Fund / Loan
- Deadline: 15 November 2021The BMA Education Fund Scholarship is offered by BMA to provide higher education opportunities to deserving young Malaysians. This scholarship offers full tuition fees, living expenses as well as required education aids to the recipients.15 November 2021
- Deadline: OngoingScholarship opportunities are funded by our partners to empower unemployed and underemployed graduates to build a career through digital gig work. Adapt to the skills and technologies needed to advance in the future of work and thrive in the job mark...Ongoing
- Deadline: OngoingYayasan Tenaga Nasional (YTN) invites qualified Malaysians to apply for scholarships to pursue study programmes at local public institution of higher learning (IPTA).Ongoing
- Deadline: OngoingThe "Koon Yew Yin Scholarship for Foundation in Science" has been established from the donation contributed by Mr. Koon Yew Yin. This scholarship is open to students residing in Perak in pursuing full time Foundation in Science program.Ongoing
- Deadline: OngoingSEARCA's Graduate Study Program was initiated in School Year 1968/1969. Over five decades, the scope of the Graduate Study Program has expanded to include institutional development, networking, and services to enhance graduate education in the region...Ongoing
- Deadline: OngoingYSD Skill Enrichment Bursary Programme is a dedicated and structured platform established by YSD in support of the national Technical and Vocational Education and Training (TVET) education agenda with the aim to award more bursaries for underprivileg...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: OngoingTG Scholarship Award is established with the objective of offering scholarship to qualified students who are pursuing full time degree courses (undergraduate). Awards for undergraduate studies are divided to two categories; award for local public uni...Ongoing
- Deadline: Check with universityGREAT Scholarships offers 30 scholarships from UK universities, across a variety of subjects for students from Malaysia. Each scholarship is worth a minimum of £10,000 towards tuition fees for a one-year postgraduate course.Check with university
- Deadline: OngoingA range of scholarships and other financial assistance is available to help support the cost of studying at Heriot-Watt University Malaysia.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.