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Scholarship / Fund / Loan
- Deadline: 8 April 2024The Tunku Abdul Rahman Scholarship is an undergraduate degree scholarship open to high-potential, deserving students with a strong ambition to contribute to the development of Malaysia.8 April 2024
- Deadline: 22 March 2024Kuok Foundation Berhad offers scholarships and half-loan half-grant awards to students who are applying for or currently pursuing a first degree full-time and on-campus at any one of the Singaporean public universities.22 March 2024
- Deadline: 15 March 2024The ASEAN-Maybank Scholarship programme is a partnership between Maybank Foundation and the ASEAN Secretariat. It is one of the ASEAN-level initiatives undertaken by Maybank Foundation, a newly accredited ASEAN entity, with the aim to “promote an i...15 March 2024
- Deadline: 30 June 2024The OCBC Bank culture rests on nurturing and developing outstanding individuals through quality education, and providing them challenging – and rewarding – opportunities to grow to their fullest potential.30 June 2024
- Deadline: 17 March 2024The Audi Environmental Foundation actively supports research into new technologies and scientific methods for a liveable future. Its stated goal is to make a contribution to environmental protection and to create and promote ways of behaving sustaina...17 March 2024
- Deadline: 14 February 2024 (Submission of Online Application Forms); 21 February 2024 (Submission of Printed Application Forms)In year 2020, Kuok Foundation started offering a Scholarship on a yearly basis to assist ONE Malaysian student to undertake up to four years of undergraduate studies at selected British Universities. Please refer to the attached announcement for mor...14 February 2024 (Submission of Online Application Forms); 21 February 2024 (Submission of Printed Application Forms)
- Deadline: OngoingPMG Scholarship is a merit-based scholarship program for undergraduate students pursuing PHARMACY fields. It is designed to support and encourage students in their pursuit of higher education and provide job guarantees to them.Ongoing
- Deadline: 15 December 2023This scholarship will provide financial support to Malaysian students who commence an undergraduate or a postgraduate program in 2024.15 December 2023
- Deadline: OngoingKWBTSM grants educational study loans to deserving students who are financially disadvantaged and currently enrolled in tertiary educational institutions. These study loans are repayable through monthly instalments commencing from a month after the s...Ongoing
- Deadline: OngoingThe AMMA Foundation was established in 1980, as a Company limited by guarantee and not having Share Capital. Its principal objective is to assist needy Malaysians to pursue their studies at approved institutions of higher learning in Malaysia. The Fo...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.