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Penang State Education Loan

Deadline

Where to Study

Malaysia

Study Level

Degree,Diploma,PhD

Amount

Loan

Scholarship details

Overview

The Penang State Education loan was established in 1970 and aims to provide loans to Malaysian students who are interested to pursue higher education. Loan covers the following courses: certificate, diploma, distance learning (diploma & degree), diploma, degree, masters and PhD. The interest rate is 1% (per year) for 5 years.

Application starts on 1st June to 30th August 2020!

Criteria

Applicant must meet all the below requirements

  • Applicant was born in Penang or have at least studied in a Penang-based school for 5 years. 
  • Offered a place at a public or private institution of higher education. Programme must be approved by the Malaysian Qualifications Agency 
  • Students currently pursuing pre-university or matriculation are not eligible to apply

 

Preferred Discipline
  • any
Amount Info

Loan amount for full-time courses:

  • Bachelor of ScienceRM 6,000 a year
  • Bachelor of ArtsRM 5,000
  • Advanced Diploma in ScienceRM 5,000
  • Advanced Diploma of ArtsRM 4,000 a year
  • DiplomaRM 4,000 a year
  • CertificateRM 2,000 per year

Loan amount for distance learning courses:

  • Degree (Science)RM 5,000 for 5 years
  • Degree (Arts)RM 4,000 for 4 years
  • DiplomaRM 3,000 for 3 years

Loan amount for postgraduate studies: 

  • MasterRM 6,500 for 3 years
  • PHDRM 8,000 for 3 years

How to apply for Penang State Education Loan

Learn how you can apply now
Click here for more info
  • Application is online.
  • Please attach the documents that have been CERTIFIED TRUE as follows:

  1. Photocopy of identity card and birth certificate / Birth Certificate
  2. Copies of offer letter from the University / Institution
  3. Copies of School Leaving Certificate, and Letter Account (testimonial)
  4. Certificate of Education (SPM) / Certificate of Vocational Education (SPMV) and other equivalent certificates
  5. Malaysian Higher School Certificate (STPM) and other equivalent certificates (if any)
  6. Specimen copy Polytechnic / Diploma / Degree etc. (If Available)
  7. Copies Results Matriculation / (If Available)
  8. Copies of Examination Results for Every Academic Year Term / Semester (If Available)
  9. Students of Private Higher Education Institutions (HEIs) shall submit a copy of the approval letter issued colleges and courses MQA (Malaysian Qualification Agency / Malaysian Qualifications Agency). (Copy can be obtained from the concerned Institution)

 

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