PTPTN was established under the National Higher Education Fund Corporation Act 1997 to provide and manage education saving schemes for students aiming for higher education studies including Diplomas, Advanced Diplomas, First Degrees, Master’s Degrees, PhDs and other professional courses.

This loan scheme covers a wide range of courses but does not cover private pre-university courses such as MUFY, AUSMATS, A-Levels, and various Matriculations studies.

There are 3 categories to guide you on how PTPTN will sponsor an individual. These categories depend on the household income of a family and the course and institution an individual decides to study in. Additionally, if students are able to achieve a First Class Honors and a CGPA of 3.70, the loan will directly be converted into a scholarship, otherwise, repayments are expected 6 months after graduation with a flat rate interest of 1%.

KOJADI was established in 1981 to provide financial aid for their members who are considering tertiary education. Currently, KOJADI offers 13 loan schemes that caters to a variety of education courses.

Amount of loans that can be applied for are RM10,000, RM15,000, RM20,000, RM25,000, RM 30,000 and RM35,000. New members of KOJADI will get an interest rate of 6.8% on the first year and 7.8% on the second year onward for new members of KOJADI.

Existing members of KOJADI with a minimum of 5 years membership will get an interest rate of 5.8% on the first year and 6.8% on the second year onwards. Repayments are expected to commence on the 4th month after students have completed their studies. Before that, loan interest up to 4 months during the study period will also be waived if repayments are done at the time. The tentative monthly repayments amount depends on how much an individual has borrowed, as shown in the infographic above.

Through collaboration between Maybank and Yayasan Peneraju, SPP1M is designed to provide financial aid to benefit Malaysian students who are pursuing a Bachelor of Master’s Degree in local private or public universities. SPP1M acts as a top-up education loan scheme, to further help students reach their education goals.

With a maximum loan up to RM200,000, students can study their most interested courses and build a career of passion for themselves. Repayment of loans starts upon employment of 6 months after completion of study.

Since its beginning in 1966, MARA runs as a scholarship program and loan scheme for Malaysian students from Bumiputera who also qualify for their loan schemes. Priority is even given to Malaysian students attending Malaysian universities, but are not only restricted to them.

Once your application is made, the allowance eligible will be stated on the offer letter given by MARA. Monthly allowance can range between RM500 to RM700 based on family income.
Upon completion of study, students may convert their full loans into a scholarship with a 75% discount based on an academic excellence by maintaining a CGPA of 2.75 or above. Students will need to submit a few documents including a copy of the degree, copies of transcript for all semesters and a copy of their identity card to MARA to convert their loan.

Started in 1984, MIED has since provided and supported students in need to assist them in their dream to pursue a higher education. Today, MIED is one of the most trusted provider of study loans to the members of Malaysian Indian community.

MIED offers a maximum of RM50,000 study loans to recognized universities in the public higher education institutions (IPTA), private higher education institutions (IPTS), and overseas or foreign universities recognized by Jabatan Perkhidmatan Awam (JPA). These loans will cover part of an individual’s tuition fees and will be paid directly to the institutions.

Shortlisted candidates for the MIED student loan will be expected to attend a selection interview at the MIED office after an arranged date and time.

The AMMA Foundation was established as a Company by guarantee and not having share capital in 1980. Its principal objective is to assist needy Malaysians to pursue their studies at approved institutions of higher learning in Malaysia. The Foundation is a not for profit charitable organisation with tax-exempt status that offers study loan to talented and deserving students who are financially challenged. The Foundation believes that that one of the most tangible ways to uplift the general economic status of the community would be to upgrade the educational level of our young people at universities and colleges.

The Federation of Malaysian Manufacturers (FMM) offers interest-free study loans to Malaysian students who require financial assistance to pursue higher education at Malaysian HEIs. The loans are offered for these courses: diploma and degree courses in engineering, science, management information systems (MIS), economics and business studies, management and accounting.

Applicants must be Malaysian citizens who are eligible to pursue/are pursuing full time studies at local universities/colleges/institutions. They should have good academic and extracurricular records.

The value of the loan is a maximum of RM9,000 per annum (degree); and RM6,000 per annum (diploma).

This is a personal loan open to Malaysians aged 21 to 28 years with a monthly income of RM2,500. Under the Cash financing-I, four types of personal loans that are offered, namely, Progres-I, Sukses-I, Prestij-I and Corporate Cash-i.
The bank offers fast approval; no collateral or guarantor is needed. Financing amount is up to RM150,000 with fixed monthly instalments from as low as RM100 per month. Extended financing tenure up to 10 years is possible.

This financing option by CIMB is an unsecured term loan for personal use. A hassle free personal loan to fulfill your dream. No Collaterals, no guarantor and flexible repayment tenure up to 5 years.

This financing covers tuition fees, cost of living as well as the purchase of text books and other educational aids for students who plan to continue their education locally or abroad.

The Foundation offers study loans to selected underprivileged and needy students undertaking tertiary education in any approved course (“Approved Course”) in any MQA approved local private or public university or college (“Approved Institution”). The study loan which is interest and bond-free (unless otherwise stated) will cover tuition fees which will be paid directly to the institutions. The study loan may include cost of living expenses.You must have gained admission to an Approved Institution before you can apply for the loan. Generally you may apply for any Approved Course of study but the Foundation reserves the right not to offer the study loan for reasons and criteria that are governed by the Foundation’s policies.

A loan scheme set up by Yayasan Bank Rakyat (YBR) to aid the social and economic development of Malaysians by enabling bright but needy students to receive undergraduate education.