Program Level

Full time undergraduate degree

Higher Education Institute

Public & Private Universities (IPTA & IPTS) in Malaysia

Sponsored Discipline/ Courses

MQA accredited courses in Science, Technology, Engineering, Mathematic (STEM) and Accountancy/ Finance

Tenure of Scholarship

Minimum period required for completion of course (graduate on time)

Eligibility Criteria

• Min. CGPA 3.0 in STPM/ Foundation / Matriculation / Diploma/ UEC & equivalent OR
• Currently pursuing undergraduate course in Malaysia IPT with min. CGPA 3.0; AND
• Malaysian 25 years or younger; AND
• Household income not more than RM15,000 per month (equiv. to RM180,000 annualised), (Parents 2 year tax return/ BE Form)

Priority

1. Penangite or studied in Penang
2. Academic achievements
3. Good cognitive skills , ie. leadership, communication, teamwork
4. Recipient of state/national/internationa level prize/award; both academic and non-academic

Scholarship Award

1. Subsistence allowance
   • RM1,000 per month
   • Pay out quarterly
2. Tuition fee (entire course)
   • Actual fee not exceeding RM100,000
   • Direct payment to IHL
3. Award only takes effect upon execution of scholarship agreement and does not cover retrospective tuition fee/subsistence expenses incurred by scholar

Service Bond

1. 1. To work in Penang in any organization of own choice (Private OR Public Sector)
   2. Bond period based on value of Tuition Fee sponsored (subsistence allowance not included); one year of service for every RM20,000. Minimum is one year service bond

Bond is served by period of actual employment in Penang

Application Method

1. On-line application opens once a year. Refer to announcement at home page.
2. Submit application and supporting documents via on-line only

Selection Process

1. Meet minimum eligibility criteria. Applications received will be automatically filtered by system.
2. Shortlisting done by merit point system which includes but not limited to :
   • Priority criteria
   • Allocation as determined by PFF for each discipline
3. Shortlisted students are called up to attend interview before panels convened by PFF.
   • Students to bring with them on interview day, original copies of all documents submitted during the application process. Manual verification of documents will be done prior to interview.
   • If original documents are found to be incomplete and/ or inconsistent with the submitted documents, the student(s) concerned will be disqualified from proceeding with the interview(s).
4. Final decision by the members of the Selection Committee

Academic Performance Standard & Monitoring

1. Maintain CGPA 3.0 & above at all times
2. Timely submission of exam result slip at the end of each semester
3. Reminder of possible revocation will be served for any semester of CGPA below 3.0

Revocation of Award

1. Failed to achieve min. CGPA 3.0 for two consecutive semesters ; or
2. Placed under academic probation by university or obtained CGPA less than 2.0 at any time during duration of study; or
3. Involved in illegal/unlawful activities and or vices considered detrimental to PFF’s or state government ‘s interest (refer Agreement for details); or
4. Expelled from university on any ground; or
5. On the conviction of involvement in drug abuse and/or activities related to drugs, including trafficking and consumption of drugs

If scholarship is revoked, the scholar and/or guarantor(s) has to pay back all monies received from the PFF Scholarship Fund within 60 days upon receipt of the letter of demand.
(Note: Guarantors to be copied all correspondences sent to scholar)

Extension of Scholarship Tenure

1. Scholarship will not be granted for extension period save for :
   1. Suspension of studies of not more than 6 months by virtue of Scholar’s failing health, supported by:
      • Certified medical report by GH or accredited medical institution, and
      • Supporting letter by a member of the faculty’s academic staff
   2. Case to case based on humanitarian grounds to be determined at PFF’s sole discretion, which may include:
      • Death of immediate family member, eg. father / mother / sibling;
      • Force majeure including civil unrest, natural disasters which interrupts/affects studies of Scholar
2. Any approval of extension will not exceed a maximum period of one (1) year from the date of approval, unless otherwise determined and confirmed in writing by PFF

Scholarship for Post-Graduate Degree

NOT APPLICABLE

Deadline : 15 June 2016

For more information, please visit: PFF, Penang Future Foundation