Cagamas Scholarship Programme


Where to Study


Study Level



Full Scholarship

Scholarship details


Cagamas 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 purchase of housing loans from primary lenders. The provision of liquidity at a reasonable cost to the primary lenders of housing loans encourages further expansion of financing for houses at an affordable cost.

The programme is intended to reach out to deserving Malaysians who are in need of financial aid to pursue their education.


Applicant must meet all the below requirements

  • You must be a Malaysian citizen under 25 years old;
  • You must have good academic results in SPM/STPM or equivalent (with credits in Bahasa Malaysia and English);
  • You  must be a full-time student and have gained admission into any of the courses related to the field of studies listed here, which has been approved and accredited by the Malaysian Qualifications Agency (MQA), in a college or university in Malaysia as approved by Cagamas;
  • Not be in a position to take on the course without financial aid or award;
  • Not be in receipt of any other scholarship, financial aid or award from any institution, organisation or foundation;
  • Not have been terminated from or ceased to be in receipt of any other scholarship, financial aid or award from any institution, organisation or foundation, due to disciplinary action against the applicant; and
  • Applications will only be considered if they meet the eligibility criteria; the specific field of study and the list of colleges and universities as approved by Cagamas.

The list of pre-requisites includes:

  • Maximum household combined salary of not more than RM4,000. It is a requirement for the applicant to provide information on the parents’ income;
  • The offer of scholarship will be subject to acceptance of the terms and conditions of a scholarship agreement with Cagamas; and
  • Recipients of the scholarship award will be required to fulfil conditions as set out in the scholarship agreement including, but not limited to, maintaining a minimum ‘Cumulative Grade Point Average’ (CGPA) of 3.00 or achieve a minimum of ‘Second Class Upper’ in the final examinations.
Preferred Discipline
  1. Accounting
  2. Banking / Islamic Banking
  3. Business Administration 
  4. Finance / Islamic Finance
  5. Financial Banking and Management
  6. Economics / International Financial Economics
  7. Statistics 
  8. Mathematics
  9. Actuarial Science
  10. Law / Shariah Law
  11. Computer Science / Information Technology
  12. Human Resource
  13. Risk Management
  14. Technology Based Fields related to Financial Industry
Amount Info
  • Up to RM10,000 a year in course and other fees including hostel fees, or the actual cost, whichever is lower;
  • Up to RM2,000 in allowances for learning aids including books, computer, stationeries and other materials per semester or up to RM4,000 per year;
  • Up to a maximum of RM6,000 allowance per year or RM500 per month;
  • There will be no bond to this scholarship and the recipients are not required to repay the amount of scholarship awarded.
  • Induction Programme
    An induction programme will be provided to all recipients of the Cagamas Scholarship Award. This is to ensure the recipients understand the mandate, vision, mission and values of Cagamas.
  • Mentoring
    Each recipient will be assigned a “mentor” from the Management team. The mentor will provide consistent and continuous mentoring throughout the programme. This is to ensure that the recipients have the necessary support and are able to leverage on the experience of our management team.

In summary, the programme will cover the above fees and allowances up to a maximum of RM20,000 per person per annum.

How to apply for Cagamas Scholarship Programme

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