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Scholarship / Fund / Loan
- Deadline: 1 - 22 July 2022PENANG FUTURE FOUNDATION, made possible by donations from private sectors and individuals, is a scholarship program awarded by the Penang State Government to outstanding and deserving Malaysians to pursue their undergraduate studies in Malaysia.1 - 22 July 2022
- Deadline: 31 May 2022TG Scholarship Award is established with the objective of offering scholarship to qualified students who are pursuing full time degree courses (undergraduate). Awards for undergraduate studies are divided to two categories; award for local public uni...31 May 2022
- Deadline: 2 weeks after the announcement of the latest SPM/STPM results (whichever is later)The Elena Cooke Education Fund, set up in honour of the late Miss Elena Cooke, the longest serving principal of the Bukit Bintang Girls’ School, aims to help underprivileged young people, whether they live with their families or were raised in chil...2 weeks after the announcement of the latest SPM/STPM results (whichever is later)
- Deadline: 30 Jun 2022Permohonan adalah dipelawa kepada calon-calon yang telah menduduki Sijil Pelajaran Malaysia (SPM) pada tahun 2021 bagi kali pertama, untuk melanjutkan pengajian ke peringkat Asasi Kolej MARA dan seterusnya melayakkan pemohon untuk mendapatkan pinjama...30 Jun 2022
- Deadline: 30 April 2022For over three decades, Methodist College Kuala Lumpur (MCKL) has been providing quality, holistic education in the best of Methodist tradition. MCKL fully embraces the challenges and opportunities of educating and preparing students for further educ...30 April 2022
- Deadline: 31 May 2022THIS SCHOLARSHIP is offered to aspiring young Malaysians an opportunity to fulfil their aspirations, develop their full potential and contribute towards nation-building.31 May 2022
- Deadline: 31st May 2022We are committed to rewarding students of excellent academic achievements and have strong passion for the study of Medicine with our Scholarships.31st May 2022
- Deadline: 23 April 2022- Pemohon lahir dan menetap di Negeri Johor; - Permohonan terbuka kepada pelajar tahun 1 (semester pertama) Diploma dan Ijazah Sarjana Muda yang melanjutkan pengajian ke IPTA dan Kolej YPJ; - Pemohon telah mendapat surat tawaran dari Institusi Peng...23 April 2022
- Deadline: 31 July 2022Scholarship recipients will be required to serve the IOI Group upon graduation at various locations in Malaysia. The bond period will depend on the amount of the scholarship.31 July 2022
- Deadline: 22 April 2022The Programme is intended to reach out to deserving Malaysians who are in need of financial aid to pursue their tertiary education.22 April 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.