Education Loan for Malaysian

Yayasan Sarawak - EDUCATIONAL LOAN SCHEME

This scheme is introduced in 1972 to assist students studying at the various public local institutions of higher learnings (IPTA). It is then extended to students studying in private institutions [IPTS) provided that the course they undertake is a franchised/twinning program from the IPTAs.

Objectives:

To assist students from Sarawak in pursuing their studies without any hitches.
To enable them to continue their studies without worrying about their financing aspect.
To encourage students to focus their energies in their studies thus achieving excellence in academics.

Application:

Fill out and complete the Educational Loan Scheme Form.
Forms can be obtained from: The Sarawak Foundation's Office, all Resident and District offices, Divisional Education Department and also institutions of higher learnings.
Supporting documents: Certified photocopies of public exams certificates, offer letter and result slip (for current students in IPTAs/IPTS) and other relevant documents.
Date of applying for this scheme will be advertised in local newspapers.

Process:
Duly completed forms will be processed and assessed base on the following criteria:

Applicant's sosio-economics
Academics
Type of course
Year of studies
Result
Students will be duly notified of the outcome of their application.

Other features of the scheme:
1. Practical Loan Scheme:

To cater for current recipients of the above scheme who undergoes practical training during their semester break and does not receive any allownces from any party. this scheme provides for their daily allowances.

2. Additional Loan Scheme:
To cater for current recipients of the above scheme who are required to finish their study outside the stipulated period due to unavoidable circumstances in order that they may complete their studies.

Thesis Loan:
To cater for students doing their degrees to prepare on their project papers or thesis. To qualify for this loan, applicants must show proof that it's a compulsory requirement by the relevant IPTs. Amount of loan approved is RM500.00.

Upgrading Loan:
To cater for current recipients of our Educational Loan Scheme who are offered to continue their studies by their respective IPTs from diploma to degree level consecutively.

Note: Please refer to the website for application forms.

Source: http://www.yayasan.org.my/

Yayasan Sabah Education Loan

Responsible for processing applications for students’ loans every year, publishing all offer letters, monitoring students academic performance, co-ordinating and releasing payment for students.

1. What is Yayasan Sabah Study Loan?

It is financial assistance in loan form offered to students furthering their studies at public and private universities and in ASEAN / Middle East Countries only.

2. What are the courses offered under this study loan programme?

Any courses taken by the students provided those courses are certified by LAN (National Accreditation Board).

3. Loan Amount ( within the country and overseas):

• LOAN (within the country)
Public Universities:
- Diploma: -RM4,000.00
- First degree/Advanced Diploma: -RM6000.00
- PhD / Master’s degree: -RM8,000.00
Private Universities
- Diploma and first degree: -RM2,000.00 - RM12,000.00
Outside Campus:
- First degree: -RM4,500.00
- Master’s degree: -RM8,000.00
Kolej Yayasan Sabah:
- Diploma: -RM7,000.00

•LOAN (overseas)
- ASEAN/Middle East: - RM8,000.00 - RM15,000.00

4. How payment is done?

- For public universities, UiTM, Kusza and Polytechnics, payment is made two times in a year. Payment for the first semester in Oct-Dec and second semester in Feb-March.
- For private colleges/outside campus/ASEAN and Middle East, payment is made once a year.
- Payment is only made to student who submitted their exam result slip.

5. When is the Loan Sponsorship offer published?

The loan application form can be obtained at the price of RM3.00 at all Yayasan Sabah Zone’s offices, Yayasan Sabah Kuala Lumpur Branch office and Yayasan Sabah Headquarters Complex, Kota Kinabalu.

6. How to apply and obtain the loan application form?

The loan application form can be obtained with the price of RM3.00 at all Yayasan Sabah Zone’s offices, Yayasan Sabah Kuala Lumpur Branch office and Yayasan Sabah Headquarters Complex, Kota Kinabalu

7. Who is qualified to apply?

- Malaysians born in Sabah
- Either mother or father must be born in Sabah
- Did not get any financial assistance from other sponsorship body

8. Which applicants are given priority during the selection process?

- Students who come from poor family backgrounds
- Students from rural areas
- Students whose parents have many other children that are still schooling
- Orphaned students

9. Selection criteria used by Yayasan Sabah.

- Low income
- Lots of responsibility(children to bear, raise and feed)
- Academic achievement
- Still studying / getting a place at public university
- Courses taken are courses that can guarantee their future

10. What should be done by successful applicants?

- Read and understand the forms attached
- Complete 4 copies of the loan form
- Stamp and chop the loan form for official purposes

All offers for university level will be announced on the radio and published in local dailies in the month of March every year or right after SPM results are announced by the Ministry of Education, Malaysia. Forms can be obtained at Yayasan Sabah Headquarters Complex or any Yayasan Sabah Zones Administration Offices.

11. When does a lender start to repay the loan?

Six months after completing their studies. Monthly installment payment amount and repayment period will be determined based on the loan amount and age level.

Note: Please refer to website for the application procedures.

Source: http://www.ysnet.org.my/

Kedah Higher Education Loan (Pinjaman Pelajaran Tinggi Kedah)
by Lembaga Biasiswa Negeri Kedah (LBNK)

ELIGIBILITY

- Applicant is born in Kedah State or one of the parents (Father or Mother) is born in Kedah State.

- Received an offer from a LOCAL institution

- FULL TIME studies for the level of certificate, diploma, first degree, masters and PhD.

- Not receiving any other sponsorship.

- Pursue the studies in the institution of higher learning which is sponsored.

LOAN RATES

- Certificate: RM 2,000.00 per year
- Diploma: RM 3,000.00 per year
- First Degree: RM 5,000.00 per year
- Masters: RM 6,000.00 per year
- PhD: RM 7,500.00 per year

LIST OF SPONSORED INSTITUTION OF HIGHER LEARNING

- All Public Universities in Malaysia
- All Universiti Teknologi MARA
- All Public Polytechnics in Malaysia
- Kolej Komuniti (Cawangan Kedah Sahaja)
- Kolej Universiti Insaniah (KUIN) dahulunya dikenali Institut Agama Islam Negeri Kedah (INSANIAH)
- Universiti Tun Abdul Razak (UNITAR)
- Universiti Darul Iman (UDM) dahulunya dikenali Kolej Ugama Sultan Zainal Abidin (KUSZA)
- Universiti Malaysia Perlis (UMAP) dahulunya dikenali Kolej Universiti Kejuruteraan Utara Malaysia (KUKUM)
- Kolej Universiti Teknologi Tun Hussein Onn (KUiTTHO)
- Kolej Universiti Islam Malaysia (KUIM)
- Universiti Teknikal Malaysia Melaka (UTEM) dahulunya dikenali Kolej Universiti Teknikal Kebangsaan Malaysia (KUTKM)
- Kolej Universiti Sains dan Teknologi Malaysia (KUSTEM)
- ASIAN Institute Of Medicine, Science & Technology (AIMST)
- Universiti Industri Selangor, Selangor (UNISEL)
- Terengganu Advance Technical Institute, Terengganu (TATI)
- Institut Pertanian, Jabatan Pertanian Malaysia

APPLICATION PROCEDURES

- Application begins from 15 June until 30 July every year
- Application for the year of 2008 will be begin from 15 June 2008
- Application is made online beginning from 2007
- Announcement for the loan application will be made on the newspapers and website
- Students who fulfil the criteria will be considered for the LBNK loan.

Source: http://www.lbnk.gov.my/

Perak Higher Education Loan (Pinjaman Pengajian Tinggi Perak)

REQUIREMENTS FOR PERAK HIGHER EDUCATION LOAN

1. Applicant is a resident of His Majesty Paduka Seri Sultan of Perak
2. Either the applicant, father or mother was born in Perak.
3. Applicants age on 1st Of July currrent year:
3.1 Diploma - not exceeding 26 years old or 41 years old for government servant.
3.2 Degree - not exceeding 36 years old or 41 years old for government servant.
4. Enrolled for full time course in Diploma or Degree
4.1 (Please refer to the list of sponsored institutions)
5. Did not accept any sponsorship/loan from any party.
6. All copy of documents are certified.
7. Incomplete form or/and application after closing date will automatically be rejected.
8. In the case you did not receive any notifications after 3 months of the closing, your application is considered to be unsuccessful.
9. Printed forms or Original Form should be submitted before the closing date to:

Setiausaha,
Lembaga Kumpulan Wang Biasiswa / Pinjaman
d/a Pejabat Setiausaha Kerajaan Negeri,
Bahagian Pentadbiran dan Kewangan,
Aras 3, Bangunan Perak Darul Ridzuan,
Jalan Panglima Bukit Gantang Wahab,
30100 Ipoh,
Perak Darul Ridzuan.

LIST OF RELEVANT DOCUMENTS

Applicants will have to submit certified copy of documents as below:

1. Copy of applicant, the father and mother's Birth Certificate.
2. Copy of Admission Offer from Universities/ Institutions for applicants whom already had the offer or currently studying. SPM freshies will only have to submit this document after accepting the offer.
3. Copy of School Graduation Certificate and Testimonial.
4. Copy of Sijil Pelajaran Malaysia / Sijil Pelajaran Vokasional (SPMV)
5. Copy of Salinan Sijil Tinggi Pelajaran Malaysia (STPM) .(if relevant).
6. Copy of Salinan Sijil Institusi Pengajian Tinggi.(if relevant).
7. Copy of Matriculation Certificate / Science Stream from each semester.(if relevant).
8. Copy of Examination Results for each academic year.(if relevant).
9. Copy of Citizenship Certificate and any related documents.

SPONSORED INSTITUTION NAME

ASIAN INSTITUTE OF MEDICINE, SCIENCE AND TECHNOLOGY
KOLEJ ISLAM DARUL RIDZUAN
KOLEJ TAFE
KOLEJ TUNKU ABDUL RAHMAN
MANAGEMENT AND SCIENCE UNIVERSITY(MSU)
POLITEKNIK SEBERANG PERAI
POLITEKNIK DUNGUN
POLITEKNIK JOHOR BAHRU
POLITEKNIK KOTA BHARU
POLITEKNIK KULIM
POLITEKNIK MERLIMAU
POLITEKNIK PERLIS
POLITEKNIK PORT DICKSON
POLITEKNIK SABAH
POLITEKNIK SABAK BERNAM SELANGOR
POLITEKNIK SHAH ALAM
POLITEKNIK SULTAN ABD HALIM MUADZAM SHAH
POLITEKNIK SULTAN HJ. AHMAD SHAH
POLITEKNIK TANJONG MALIM
POLITEKNIK UNGKU OMAR
ROYAL COLLEGE OF MEDICINE, PERAK
UNIVERSITI AL-AZHAR
UNIVERSITI DARUL IMAN
UNIVERSITI ISLAM ANTARABANGSA
UNIVERSITI KEBANGSAAN MALAYSIA
UNIVERSITI MALAYA
UNIVERSITI MALAYSIA PAHANG
UNIVERSITI MALAYSIA PERLIS
UNIVERSITI MALAYSIA SABAH
UNIVERSITI MALAYSIA SARAWAK
UNIVERSITI MALAYSIA TERENGGANU
UNIVERSITI OF JORDAN
UNIVERSITI PENDIDIKAN SULTAN IDRIS
UNIVERSITI PUTRA MALAYSIA SARAWAK
UNIVERSITI PUTRA MALAYSIA SERDANG
UNIVERSITI PUTRA MALAYSIA TERENGGANU
UNIVERSITI SAINS ISLAM MALAYSIA
UNIVERSITI SAINS MALAYSIA KELANTAN
UNIVERSITI SAINS MALAYSIA, NIBONG TEBAL
UNIVERSITI SAINS MALAYSIA, PERAK
UNIVERSITI SAINS MALAYSIA, PULAU PINANG
UNIVERSITI TEKNIKAL MALAYSIA MELAKA
UNIVERSITI TEKNOLOGI MALAYSIA KEDAH
UNIVERSITI TEKNOLOGI MALAYSIA, K.L
UNIVERSITI TEKNOLOGI MALAYSIA, PAHANG
UNIVERSITI TEKNOLOGI MALAYSIA, SKUDAI
UNIVERSITI TEKNOLOGI MARA , JOHOR
UNIVERSITI TEKNOLOGI MARA , KELANTAN
UNIVERSITI TEKNOLOGI MARA , PAHANG
UNIVERSITI TEKNOLOGI MARA , PERLIS
UNIVERSITI TEKNOLOGI MARA , TERENGGANU
UNIVERSITI TEKNOLOGI MARA ,KUALA PILAH.
UNIVERSITI TEKNOLOGI MARA, KEDAH
UNIVERSITI TEKNOLOGI MARA, MELAKA
UNIVERSITI TEKNOLOGI MARA, PERAK
UNIVERSITI TEKNOLOGI MARA, PULAU PINANG
UNIVERSITI TEKNOLOGI MARA, SABAH
UNIVERSITI TEKNOLOGI MARA, SARAWAK
UNIVERSITI TEKNOLOGI MARA, SHAH ALAM
UNIVERSITI TUN ABDUL RAZAK
UNIVERSITI TUN HUSSEIN ONN
UNIVERSITI TUNKU ABDUL RAHMAN
UNIVERSITI UTARA MALAYSIA
UNIVERSITI UTARA MALAYSIA, PAHANG

Source: http://biasiswa.perak.gov.my/

Yayasan Selangor Education Loan (Selangor Foundation)

Yayasan Selangor Education Loan was introduced in 1984 to aid the Selangor students in furthering their studies to local and overseas institution of higher learning.

Currently, the Yayasan Selangor Education Loan focuses on sponsoring students in local public and private institutions of higher learning for Certificate, Diploma and First Degree levels.

Yayasan Selangor will advertise before the offer for education loan is opened. Application forms can be obtained from the Yayasan Selangor Headquarters Office in Petaling Jaya.

Requirements:
- Applicant/Mother/Father born in Selangor state
- Residents of more than 10 years can be considered
- Applicant has obtained a full time offer in public institution of higher learning, INPENS International College, UNISEL, IKYS or KUIS.
- Applicant is not receiving any sponsorship or financial aid from other sponsoring bodies
- Priority is given to applicant from family with low income

Application Process:
- Advertisement for the education loan offer is in the month of January and July every year.
- Release of application forms
- Interview
- Offer and signing of agreement
- The loan is paid to the Education Institution's Treasurer or directly to the applicants

Education Loan Rate
a) Local Public Institution of Higher Learning
- Certificate: RM 2,000 - RM 3,000 per year
- Diploma: RM 3,000 - RM 4,000 per year
- Degree: RM 4,500 - RM 7000 per year

b) Institusi Kemahiran Yayasan Selangor, Unisel, Inpens & Kuis
- Certificate: RM 3,500 – 5,000 per year
- Diploma: RM 5,000 – RM 6,000 per year
- Degree: RM 5,000 - RM 8,000 per year

Source: http://www.yayasanselangor.org.my/

Yayasan Tenaga Nasional (YTN) Covertible Loan

Yayasan Tenaga Nasional (YTN) invites qualified Malaysians to apply for educational assistance in the form of covertible loans to pursue Universiti Tenaga Nasional (UNITEN) programmes for the June 2008 intake.

Benefits

a) Full Loan (Family income not exceeding RM5000)
- Tuition Fee
- Stipend (RM6000 per annum)
- Book allowance (RM600 per annume)

b) Partal Loan (Family income exceeding RM5000)
- Tuition Fee
- Book allowance (RM600 per annum)

Application

Please refer to the website for online applications and closing dates

Source: http://www.tnb.com.my/

Chang Ming Thien Foundation

When the Foundation officially commenced its operations in 2004,a total of RM 3 million was allocated for the first batch of 240 students for higher education in local and overseas institutions of higher learning. Due to good response, the foundation approved interest-free study loans for 301 students in 2005 totaling RM3.82 million. Each successful applicant was given a loan of RM4,000 per year. They are to repay the loan after 4 months of their graduation for the term of 5 years.

Being an apolitical establishment, the criteria guideline for the loan application of the fund are students from the poor families with good results regardless of race to undertake further studies abroad such as Taiwan, Ukraine, Russia, China, Australia, Singapore, USA, Canada, Indonesia and New Zealand etc.

INVITATION FOR APPLICATION OF STUDY LOANS
Applications for study loans are invited for consideration by the Foundation.

Eligibility

1. An applicant shall be a Malaysian citizen of 18 years or above;

2. An applicant shall have gained admission into a local or overseas institution of higher learning approved and recognized by the Ministry of Higher Education, the National Accreditation Board (LAN), the Public Services Department, or the Foundation to pursue an undergraduate course or above approved by the Foundation ; and

3. The Application shall be supported by relevant documents including proof of financial constraints.

Application

1. The application shall be made in the form prescribed by the Foundation and subject to its Regulations. The application form and Regulations can be obtained from the Foundation Secretariat at MCA Headquarters, 9th Floor, Wisma MCA, 163 Jalan Ampang, 50450 Kuala Lumpur. Tel : 03-2161 6517 Fax : 03-2164 4227 E-mail : doris@kojadi.com.my.

2. To download the application form, kindly click here.

3. To download the Loan application procedure, kindly click here.

4. The duly completed application form together with the requisite documents shall be submitted to the Board Secretariat before 20 August 2007.

The Board of Trustees,
Chang Ming Thien Foundation
25 July 2007

Source: http://www.mca.org.my/

ECM Libra Foundation (Loan/Scholarship)

The ECM Libra Foundation is funded by the Founders of ECM Libra to provide underprivileged and deserving Malaysian students with financial assistance for education. The Foundation is committed to helping needy students obtain a higher education regardless of race, religion or creed.

Financial Assistance Program offered by the Foundation
The ECM Libra Foundation invites applications from eligible Malaysian students for its Study Loan and Scholarship Program 2006.

The program provides study loans to eligible applicants. Scholarship grants are awarded on an exceptional basis.

Eligibility
Applicants must:
• be Malaysian citizens;
• prove eligibility for financial assistance, as means testing will be strictly applied;
• have good academic record and be active in extra curricular activities;
• have gained admission into an approved local college or university for a professional or vocational course.

Types of Awards
Study loans or, only in very exceptional cases, scholarships.

Application Procedure
Please refer to website to download application forms.

Completed application forms with all the required documents must be returned to the address stated below and marked either “Study Loan Application” or “Scholarship Application” at the top left-hand corner of an A4 size envelope.

The Executive Secretary
ECM Libra Foundation
8A Floor, Wisma Genting
Jalan Sultan Ismail
50250 Kuala Lumpur.

Note: only short-listed candidates will be notified

Source: http://www.ecmlibrafoundation.com/

Posted in: Education Loan