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Scholarship / Fund / Loan
- Deadline: 29 October 2021Taylor’s International School is offering a 2-year scholarship programme to outstanding Malaysian students who are keen to enrol in Year 10 for January 2022 intake.Expiring Soon29 October 2021Expiring Soon
- Deadline: 31 October 2021MAHSA University hereby offers the MAHSA University Scholarship to the Student subject to the terms and conditions stated hereinafter.Expiring Soon31 October 2021Expiring Soon
- Deadline: 1 November 2021The UTAR-Silverlake Scholarships are for Universiti Tunku Abdul Rahman (UTAR) students who pursue a full time degree programme at UTAR in all fields of study.Expiring Soon1 November 2021Expiring Soon
- Deadline: 1 November 2021KTJ offers a generous and competitive scholarship scheme which is open to both Malaysian and international students.Expiring Soon1 November 2021Expiring Soon
- Deadline: 15 December 2021The 30% Club Malaysia and Edinburgh Business School are delighted to announce that they are awarding one full scholarship for the part-time MBA programme at the Heriot-Watt University Malaysia campus to one entrepreneurial woman.15 December 2021
- Deadline: 31 December 2021Saito University College is offering scholarships to students who wish to pursue their education in Diploma, Degree and Foundation programmes.31 December 2021
- Deadline: 28 February 2022Universiti Tunku Abdul Rahman (UTAR) is offering the Eco-Shop Scholarships to all Malaysia citizens age below 25 years with strong leadership skills and active participation in extra curricular activities, sporting events, and community service.28 February 2022
- Deadline: 1 March 2022The Sunway CIS-ECA Scholarship 2022 is open to all Chinese Independent School (CIS) students who sat for the UEC examination in 2021. Scholarships will be awarded to eligible students for 2022 February, March, April, June and July intakes only.1 March 2022
- Deadline: OngoingAs of 2021, the Jeffrey Cheah Foundation has awarded more than RM570 million in Scholarships to thousands of deserving students in various fields of study.Ongoing
- Deadline: OngoingA range of Scholarships and other financial assistance is available to help support the cost of studying at Heriot-Watt University Malaysia.Ongoing
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.