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Scholarship / Fund / Loan
- Deadline: 7 August 2020
Melaka Manipal Medical College (MMMC) is offering scholarships & bursary to eligible Malaysian students who wish to study Foundation in Science, Bachelor of Medicine & Bachelor of Surgery (MBBS) & Bachelor of Dental Surgery (BDS) in MMMC ...Expiring Soon7 August 2020Expiring Soon
- Deadline: 8 August 2020
Hope Bursary is awarded to deserving candidates who require financial aid to pursue higher education.Expiring Soon8 August 2020Expiring Soon
- Deadline: 15 August 2020
The Scholarship is awarded to Malaysian students who achieve outstanding results in their Pre-University and SPM or highest qualification.Expiring Soon15 August 2020Expiring Soon
- Deadline: 30 August 2020
The Driving Dreams Scholarship is awarded to students who have outstanding sports achievement at the State and National levels or have demonstrated outstanding leadership ability through active participation in co-curricular activities, social servic...30 August 2020
- Deadline: 31 July, 31 October 2020
MAHSA University hereby offers the MAHSA University Scholarship to students subject to the terms and conditions stated hereinafter.31 July, 31 October 2020
- Deadline: 31 July 2020, 31 October 2020
The Blue Ribbon Scholarship rewards students who are enrolled in a pathway programme.31 July 2020, 31 October 2020
- Deadline: 15 November 2020
Taylor's invites the best students in Malaysia to join. Open to all SPM students (midterm/trial/forecast results) and IGCSE students (actual/forecast results).15 November 2020
- Deadline: Ongoing
University College of Technology Sarawak (UCTS) is offering internal & external scholarships to Malaysian students who wish to study at UCTS Sibu campus.Ongoing
- Deadline: Ongoing
This scholarship is for Bumiputera Malaysian citizens who fulfills the entry requirement.Ongoing
- Deadline: Ongoing
Either parent must be currently teaching in any government, private or Chinese Independent Secondary School (includes principals, deputy principals and counselors).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.