Penang State Education Loan


Where to Study


Study Level




Scholarship details


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!


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
  • 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)


Apply Online through Scholarship Direct!

We can help you to apply for these scholarships.

Would you like to receive updates when scholarships like this one open?
Be the first to apply the next time a scholarship opens up!

Hot Scholarships

PMG Scholarship

Deadline:Dec 31 2025

IUKL Scholarship

Deadline:Dec 31 2024

IUKL Scholarship

Deadline:Dec 31 2024

View all Scholarships

Need help?