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Scholarship / Fund / Loan
- Deadline: 30 June 2021The Master Builders Association Malaysia (MBAM) Education Fund Scholarship Awards 2021 will be opened for application from eligible applicants from 1 May 2021. Since its inception, it has helped outstanding Malaysian students to fulfil their dreams a...30 June 2021
- Deadline: 5 July 2021The Fellowship is a Leadership Development Programme that trains Fellows to become changemakers in the education system. Fellows are given the chance to teach in high-need schools to deepen their understanding of the education landscape and the roots...5 July 2021
- Deadline: 28 June, 30 July 2021For Malaysian students who are eligible for High Acheiver's Scholarship (HAS) only. Scholarships with a fee waiver of 50% or 100% off total tuition fees are available for high achieving Malaysian students who have proof of financial hardship. The sch...28 June, 30 July 2021
- Deadline: 28 June, 30 July 2021Heriot-Watt was the first institution in Scotland to admit women into STEM programmes. Since opening our doors in Malaysia, we’ve made it possible for women in the ASEAN region to gain access to quality teaching and learning in the field of Enginee...28 June, 30 July 2021
- Deadline: 30 July 2021In support of Malaysia's aspiration to have 20,000 Data Professionals by the next decade, Heriot-Watt University Malaysia has committed to provide a three-year scholarship programme for high achieving and deserving students to pursue a BSc (Hons) Sta...30 July 2021
- Deadline: 31 July 2021Yayasan Tan Sri Lee Shin Cheng is offering scholarships for Malaysian citizens who will be undertaking or who are currently pursuing an undergraduate degree course at any Public or Private University/ College based in Malaysia.31 July 2021
- Deadline: 12 March, 2 August 2021Awarded to students with outstanding academic results and possess leadership qualities.12 March, 2 August 2021
- Deadline: 21 May, 30 July, 6 September 2021There is a wide range of scholarships available that you can consider. Partial scholarships cover a part of your tuition fees while full scholarships cover the cost for the whole program. Most scholarships do not cover living costs.21 May, 30 July, 6 September 2021
- Deadline: 7 June, 13 September 2021This scholarship is open to Malaysian citizen who are national athletes and commencing or continuing undergraduate courses, except for Honours degree courses.7 June, 13 September 2021
- Deadline: 7 June, 13 September 2021This scholarship is open to Malaysian citizen OR Malaysian permanent resident and for all undergraduate courses except Bachelor of Medical Science and Doctor of Medicine and Bachelor of Pharmacy.7 June, 13 September 2021
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.