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Scholarship / Fund / Loan
- Deadline: 30 April 2018
Yayasan DayaDiri is pleased to announce that the Overseas University Scholarship 2018 is currently open for application submission. The scholarship is for young, talented Malaysians to pursue undergraduate and postgraduate programmes in a broad rang...Expiring Soon30 April 2018Expiring Soon
- Deadline: 30 April 2018
The Great Eastern Supremacy Scholarship Award is one of the leading programmes in the insurance industry. Every year since 1998, we have been the platform where almost a hundred deserving, talented, young Malaysians can pursue their dreams.Expiring Soon30 April 2018Expiring Soon
- Deadline: 4 May 2018
MREPC is inviting students to apply for scholarships to pursue the Professional Graduateship of Rubber Technology.Expiring Soon4 May 2018Expiring Soon
- Deadline: 4 May 2018
MREPC is inviting students to apply for scholarships to pursue undergraduate studies.Expiring Soon4 May 2018Expiring Soon
- Deadline: 18 May 2018
The Jeffrey Cheah Foundation-Sunway Group Scholarship is open to Malaysian Citizens who wish to pursue their tertiary education at Sunway University, Monash University Malaysia as well as other preferred, top-ranked local public and international uni...18 May 2018
- Deadline: 31 May 2018
Penang Medical College RCSI & UCD Dublin Scholarships for the September 2018 Intake for both Malaysian and International students is now open.31 May 2018
- Deadline: 17 June 2018
ULDP is designed for Malaysian undergraduates who are eager to learn and have the desire to take the lead. Applications are now open.17 June 2018
- Deadline: 25 June 2018
The programme is intended to reach out to deserving Malaysians who are in need of financial aid to pursue their education.25 June 2018
- Deadline: 29 June 2018
The Master Builders Association Malaysia (MBAM) Education Fund Scholarship Awards 20I7 is now open for application for Malaysian citizens applying for undergraduate degree courses related to the construction industry at all local public universities ...29 June 2018
- Deadline: 30 June 2018
OCBC offers bond-free scholarships to help bright and talented youths from tertiary education institutions pursue their academic dreams. As an OCBC scholar, you will take on an internship and experience what it’s like to be a part of the OCBC famil...30 June 2018
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.