Yayasan Bank Rakyat Convertible Loan (PPBU)

General Requirements  

• Is open to the poor and underprivileged Malaysians regardless of race, religion & ethnicity.
• Qualified to a FULL-TIME STUDY at local Public OR Private Higher Education Institutions and Training Institute recognized by the Government of Malaysia.
• Only fields of studies which are recognized by the Public Services Department (JPA) / Malaysian Qualifications Agency (MQA) / Malaysian Vocational Training Council (NVTC) / Government Agencies (Malaysia) concerned and acknowledged by the Board of Trustees of YBR.

Requirements for Diploma

• Malaysian citizen.
• Qualified for a FULL-TIME STUDY mode only.
• Applicants must have a savings account with Bank Rakyat with a minimum of RM100 account balance before apply.
• NOT less than 18 years old during application and accepting the study offer.
• NOT exceeding 30 years old upon graduation.
• Confirmation of admission from the public OR private University OR Training Centre.
• Applicant must have SPM (Sijil Pelajaran Malaysia) qualification with a minimum grade of 5A.
• Duration of study 3 years / 6 Semester.
• Total Funding: Maximum of RM7,500 annually (UiTM & Politeknik only RM5,000) [Fee+Allowance].

Requirements for Degree

• Malaysian citizen.
• Qualified for a FULL-TIME STUDY mode only.
• Applicants must have a savings account with Bank Rakyat with a minimum of RM100 account balance before apply.
• NOT less than 18 years old during application and accepting the study offer.
• NOT exceeding 30 years old upon graduation.
• Confirmation of admission from the public OR private University OR Training Centre.
• Applicant must hold a Diploma with a minimum CGPA of 3.0 or Matriculation with a minimum CGPA of 3.0 or Sijil Tinggi Pelajaran Malaysia (STPM) with a minimum CGPA of 3.0 or Sijil Tinggi Agama Malaysia (STAM) with a Jayyid Jiddan or Mumtaz qualification that is equivalent to STPM.
• Duration of study 4 years / 8 Semester.
• Total Funding: Maximum of RM9,500 annually (UiTM & Politeknik only RM6,500) [Fee+Allowance].

Requirements for Professional Qualification

• Malaysian citizen.
• Qualified for a FULL-TIME STUDY mode only.
• Applicants must have a savings account with Bank Rakyat with a minimum of RM100 account balance before apply.
• NOT less than 18 years old during application and accepting the study offer.
• NOT exceeding 30 years old upon graduation.
• Confirmation of admission from the public OR private University OR Training Centre.
• Applicants must hold a Diploma OR Degree with CGPA 3.0 and above.
•  Duration of study 2 Years / 4 Semester.
• Total Funding: Up to RM28,500 for 2 years [Fee+Allowance].

Requirements for Masters

• Malaysian citizen.
• Qualified for a FULL-TIME STUDY mode only.
• Applicants must have a savings account with Bank Rakyat with a minimum of RM100 account balance before apply.
• NOT less than 18 years old during application and accepting the study offer.
• NOT exceeding 45 years upon graduation for a Masters Degree.
• Confirmation of admission from the public OR private University OR Training Centre.
• Applicant must hold a Bachelor's Degree with CGPA of 3.00 and above.
• Duration of study 2 Years / 4 Semester.
• Total Funding: Maximum of RM 12,000 annually [Fee + Allowance].

Requirements for PhD

• Malaysian citizen.
• Qualified for a FULL-TIME STUDY mode only.
• Applicants must have a savings account with Bank Rakyat with a minimum of RM100 account balance before apply.
• NOT less than 18 years old during application and accepting the study offer.
• NOT exceeding 50 years upon graduation for Doctorate & PhD.
• Confirmation of admission from the public OR private University OR Training Centre.
• Applicants must hold a Masters Degree qualification with CGPA of 3.00 and above.
• Duration of study 3 years / 6 Semester.
• Total Funding : Up to RM55,800 3 years [RM800/Monthly+Fee].

1. Open to all fields of study except for Medical and Aviation (License) courses.
2. Priority is given to the following fields of study:
   • Accounting
   • Banking
   • Business Management
   • Human Resources
   • Economy
   • Media Communication
   • Law
   • Actuarial Science
3. Doctorate PhD, Masters Degree, Professional Studies, Bachelor Degree and Diploma in all fields of study.
4. Malaysian Skills Certificate (SKM) recognized by the National Vocational Training Council (NVTC) and other Skills Certificate is recognized by the related Malaysian Government Agencies.

Repayments and Incentives: