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The Tan Sri Manickavasagam Scholarship Fund (an educational loan Fund) was established in 1972 as the Malaysian Indian Scholarship Fund, by its founder and first Chairman, the late Tan Sri V.Manickavasagam. Tan Sri Manickavasagam became the MIC president in 1973 and was the driving force behind the collection of funds for this charitable society. The fund, since its establishment, has been managed by a Board which regularly elects its office bearers as per its constitution.
On the death of its founder, in 1979, the Board changed the name of the fund to the Tan Sri Manickavasagam Scholarship Fund and elected his son, Mr.RamaniManickavasagm to be the Chairman. The board subsequently changed the name of the fund to Kumpulan Wang Biasiswa Tan Sri Manickavasagam (KWBTSM).
In April 2011, the Board, on the proposal of Mr.RamaniManickavasagam elected Y.B. Datuk Seri G.Palanivel, the MIC president, as the new Chairman to replace Mr.Ramani Manickavasagam, who became the Vice Chairman. In 2015 Dato Seri G. Palanivel relinquished the chairmanship and Mr. Ramani Manickavasagam resumed the chairmanship of the Fund.
KWBTSM 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 study loan cheque is awarded. It is the policy of the FUND that study loan cheques are only made out to the tertiary educational institution where the student is enrolled.
Each application for a study loan is considered on its own merit and shortlisted applicants are required to attend an interview to present their case; the FUND reserves the right to approve/decline any application without assigning any reason for such a decision.
Deserving students requiring study loans should apply via online through our website in the prescribed study loan application form as below: The short listed applicants will be called for interview to KWBTSM office at "level 3, Menara Manickavasagam, 1, Jalan Rahmat, 50350, Kuala Lumpur".
Online Application Form: