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Scholarship / Fund / Loan
- Deadline: 1 September 2023Danish Government Scholarship 2023-2024 is a fully funded scholarship for international students. This scholarship is only offered for masters studies. The scholarship will provide two parts: full tuition fee waiver and a grant, to help cover living ...1 September 2023
- Deadline: OngoingDAAD Scholarships 2023-2024 is now open for international students to submit their applications for admission into German Universities for the academic year of 2023. The Deutscher Akademischer Austauschdienst (DAAD) is a scholarship in Germany that t...Ongoing
- Deadline: OngoingThese ASEAN scholarships are for students from Malaysia joining Secondary 1, Secondary 3 or Pre-university 1 in selected Singapore secondary schools or junior colleges. Find out if you are eligible and how to apply.Ongoing
- Deadline: 17 February 2023We are pleased to announce that the Japanese Government (Monbukagakusho: #MEXT) #Scholarships for Teacher Training is now open for application!17 February 2023
- Deadline: 26 January 2023 by 5.00pmThe ISTF is a one-time financial assistance provided to shortlisted Malaysian Indian students from the financially weaker families, pursuing their Diploma or Bachelor courses at institutions of higher education in Malaysia.26 January 2023 by 5.00pm
- Deadline: 17 February 2023The applications for Japanese Studies under the 2023 Japanese Government Scholarship Program is now OPEN. Calling all Japanese language and Japanese studies majors!17 February 2023
- Deadline: 16 January 2023We are pleased to inform you that the application for the Stipendium Hungaricum Scholarship Programme for the 2023/2024 academic year has started! All applications need to be copied to MOHE via [email protected]16 January 2023
- Deadline: OngoingGREAT Scholarships for climate change are for students who want to study at a UK university for a one-year postgraduate course.Ongoing
- Deadline: OngoingGREAT Scholarships for justice and law are for students who want to study law at a UK university for a one-year postgraduate course.Ongoing
- Deadline: 1 December 2022The Singapore International Graduate Award (SINGA) is a collaboration between the Agency for Science, Technology & Research (A*STAR), the Nanyang Technological University (NTU), the National University of Singapore (NUS), the Singapore University...1 December 2022
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.