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Scholarship / Fund / Loan
- Deadline: 27 January 2023SJIIM is offering the Cambridge A Level and IBDP scholarships to deserving students entering Year 12 in August 2023.27 January 2023
- Deadline: 31 May 2023In partnership with the British Council and the GREAT Britain Campaign, the University of Hull is offering 12 scholarships to students in Bangladesh, China, Ghana, India, Indonesia, Kenya, Malaysia, Mexico, Thailand, Turkey and Vietnam applying for p...31 May 2023
- Deadline: OngoingTaylor's College Sports Scholarship is calling for all nation sports heroes to join the league. JOIN US TO STUDY & PLAY WITH THE BEST!Ongoing
- Deadline: OngoingTaylor's College Talent Scholarship is an exclusive scholarship that focuses on your artistic and on-stage talents.Ongoing
- Deadline: OngoingTaylor's College Merit Scholarship is an exclusive scholarship that focuses on your academic achievement. Applicable for Foundation Programmes/Pre-University Programmes/Selected Diploma Programmes.Ongoing
- Deadline: OngoingFuture economists setting their sights on nation building activities may apply for the Tun Ahmad Sarji Nation Building Scholarship Programme. The scholarship is open to all Malaysians who wish to pursue the Bachelor of Economics (Honours) at UNIRAZAK...Ongoing
- Deadline: OngoingThe PNB-UNIRAZAK BUDI Scholarship Programme is a prestigious scholarship that offers opportunities for bright and high-achieveing Asnaf or B40 category Malaysians to become a Chartered Accountant.Ongoing
- Deadline: 5 December 2022Enquire with MCKL's counsellors for more info on how to attain a full/partial scholarship. 100% Scholarship with our Excellence Award.5 December 2022
- Deadline: 1 August 2023 for Undergraduate ProgrammeIn collaboration with FWD Takaful Berhad and Yayasan Tunku Abdul Rahman, the Leaders with Impact Scholarship supports our university’s vision to enable talented students to access a Heriot-Watt education, provide educational financial support, buil...1 August 2023 for Undergraduate Programme
- Deadline: 31 December 2022The Global Excellence and Mobility Scholarship (GEMS) program aims to bring the best and brightest PhD students to Monash University Malaysia, where they can work with top-class research teams on some of the world's core challenges.31 December 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.