The Yayasan Bank Rakyat Convertible Loan (PPBU) covers any tertiary level education from Skills Certificate, Diploma, Bachelor’s Degree, Professional, Master’s Degree, and Doctorate (PH.D) to deserving Malaysian. 

Its aim is to aid the social and economic development of Malaysians by enabling bright but needy students to receive undergraduate education at local Public OR Private Higher Learning Institutions and Training Institutes in the country on a full-time basis.

Applicant must meet all the below 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.

Additional application requirements vary depending on study program:

Skills Certificate

• Malaysian citizen.
• Qualified to 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.
• Should at least passed in their SPM (with 2 Credits and Bahasa Malaysia subject).

Skills Diploma:

• Malaysian citizen.
• Qualified to 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.
• Should at least have attained OR currently holding level 2 OR – other Skill Certificate need at least a passed in their SPM (with 2 Credits and Bahasa Malaysia subject) OR applicant must obtained Skill Certificate with a minimum of CGPA 2.75 and above.

Diploma:

• Malaysian citizen.
• Qualified to 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.

Degree:

• Malaysian citizen.
• Qualified to 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.

Professional:

• Malaysian citizen.
• Qualified to 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.

Master:

• Malaysian citizen.
• Qualified to 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 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.

Doctorate/PhD:

• Malaysian citizen.
• Qualified to 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.

The amount of financial coverage differs depending on the study program:

• Total Skill Certificate Funding : Maximum of RM30,000 for 2 years [RM400/Monthly+Fee]
• Total Skill Diploma Funding : Up to RM30,000 for 3 years [RM400/Monthly+Fee]
• Total Diploma Funding : Maximum of RM7, 500 annually 3 years (UiTM & Politeknik only RM5, 000) [Fee+Allowance].
• Total Bachelor Funding : Maximum of RM9, 500 annually 4 years (UiTM & Politeknik only RM6, 500) [Fee+Allowance]
• Total Professional Funding : Up to RM28,500 for 2 years [Fee+Allowance]
• Total Master Funding : Maximum of RM 12, 000 annually 2 Years [Fee + Allowance].
• Total Doctorate/PhD Funding : Up to RM55,800 3 years [RM800/Monthly+Fee].

All applications must be made through the YBR website. Students must have had their offer of admission and registered an application portal on YBR wesbite.