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Scholarship / Fund / Loan
- Deadline: 4 December 2020Sony EMCS (Malaysia) Sdn Bhd is offering scholarships to all Malaysian citizen age below 25 who wish to pursue their Bachelor Degree in IPTA / Public University & IPTS / Private University.Expiring Soon4 December 2020Expiring Soon
- Deadline: Refer to websiteEquator College Art Talent Study Award is to award to deserving art talented Malaysians to pursue their higher education at Equator College’s art and design Diploma programs, namely Diploma in Graphic and Multimedia Design, Diploma in Digital 3D An...Refer to website
- Deadline: OngoingA range of scholarships and other financial assistance is available to help support the cost of studying at Heriot-Watt University Malaysia.Ongoing
- Deadline: 2 weeks before intake commencementEstablished in 2017, TalentLabs specializes in tech education and career services; helping students develop the skills required to thrive in today’s digital economy.2 weeks before intake commencement
- Deadline: 10th - 14th day after the announcement of the SPM/STPM resultsOrganised by Sin Chew Daily, the education fund provides funding for students who need financial assistance to complete tertiary education locally and assist them in selecting free diploma / degree programs offered by domestic higher education instit...10th - 14th day after the announcement of the SPM/STPM results
- 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: OngoingBiasiswa ini adalah merupakan satu galakan kepada atlet yang cemerlang dalam bidang sukan serta mempunyai potensi akademik yang baik untuk meneruskan pengajian di IPT.Ongoing
- Deadline: OngoingTalented Malaysian athletes who participate at State or National level sporting events.Ongoing
- Deadline: OngoingWe are pleased to offer a 20% fee scholarship to international students for their first year of studies at the University of Reading Malaysia.Ongoing
- Deadline: OngoingThe University awards automatic scholarships in two categories: Alumni Scholarships and Family Scholarships.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.