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- Deadline: 31 July 2021Cagamas Berhad (Cagamas), the National Mortgage Corporation of Malaysia, was established in 1986 to promote the broader spread of house ownership and growth of the secondary mortgage market in Malaysia. Cagamas issues debt securities to finance the p...31 July 2021
- Deadline: 28 August 2022OSK Foundation Scholarship Programme endeavours to provide access to quality education for the disadvantaged and those from lower income families through full scholarships supported by monthly living expenses.28 August 2022
- Deadline: 31 August 2022At B. Braun, we strongly believe that children are the foundation of our future. With that, we are excited to announce that we are offering the scholarship of an incredible learning opportunity that will provide international education experience for...31 August 2022
- Deadline: 30 June 2022Yayasan Sime Darby invites qualified school leavers to apply for an excellence scholarship to pursue pre-university studies locally, leading to a top global university.30 June 2022
- Deadline: 30 June 2022Full Scholarship programme for high-achieving Sijil Pelajaran Malaysia (SPM) leavers to pursue undergraduate studies in higher education institutions.30 June 2022
- Deadline: 30 June 2022The scholarship is awarded to those pursuing in Diploma, Advanced Diploma or Undergraduate Studies (1st degree course in ANY course or field of studies on full time basis at recognised public and private universities and colleges in Malaysia.30 June 2022
- Deadline: 22 June 2022Developing learners into leaders is how we put that passion in motion. Therefore, we call on all 2021 Sijil Pelajaran Malaysia (SPM) candidates with high academic calibre and agile, innovative mindsets to apply for PESP.22 June 2022
- Deadline: OngoingSuccessful candidates receive full AAT tuition, free learning and training materials, AAT registration and exam fees, insurance, free hostel accommodation and a monthly allowance during the 9-months full-time training. All candidates are required to ...Ongoing
- Deadline: 30 June 2022The Star Education Fund scholarship is offered under the collaboration between Star Media Group with some of the best educational institutions in Malaysia to provide higher education opportunities to deserving young Malaysians.30 June 2022
- Deadline: 30 June 2022The Khazanah Watan Scholarship is a prestigious award that offers opportunities for talented and high-achieving Malaysians to pursue Undergraduate and Postgraduate studies at selected leading local universities.30 June 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.