Financial Aid

PTPTN Loan

PERBADANAN TABUNG PENDIDIKAN TINGGI NASIONAL (PTPTN)

Loan Eligibility Requirement

  1. Malaysian Citizen;
  2. Aged not exceeding 45 years on the date of application;
  3. Get offers to IPTA / IPTS and Polytechnics by fulfilling the entry qualification requirements set by the Ministry of Education Malaysia and the Malaysian Qualifications Agency (MQA);
  4. The courses attended by IPTA / IPTS students and Polytechnics must be approved by the Ministry of Education and registered with PTPTN; *
  5. For IPTS students, the courses to be followed must obtain the Certificate of Accreditation from the Malaysian Qualifications Agency (MQA) and are still within the validity period of the application date;
  6. For students who have different qualifications of verification must be obtained from the department or agency as stated above;
  7. The remaining period of study at the time of application must be not less than one (1) year;
  8. No other sponsors;
  9. Has opened SSPN-i** account.

Loan Amount

Diploma

Programme Maximum Loan 75 % 50 %
All Diploma Programmes in MPI RM 6,800/ year RM 5,100/ year RM 3,400/ year
Total Loan (2.5 years) RM 17,000 RM 12,750 RM 8,500

Degree

Programme Maximum Loan 75 % 50 %
All Degree Programmes in MPI RM 13,600/ year RM 10,200/ year RM 6,800/ year
Total Loan (3 years) RM 40,800 RM 30,600 RM 20,400

The loan amount is subject to the following criteria:

Maximum loan: Full Loan – Student or parent are BR1M recipients and family income per month is less than RM4,000
75% from the maximum loan: 75% – Student or parents are NOT BR1M recipients and family income per month is less than RM8,000
50% from the maximum loan: 50% – Student or parents are NOT BR1M recipients and family income per month is more than RM8,000

*Some loan amount for certain programmes may vary, the final amount is subject to PTPTN arrangement.

For further inquiry, please visit www.ptptn.gov.my or contact

  • UTC PTPTN Office (Sibu Central Market) or call 084-319964
  • MPI Student Affairs Office or call 084 322268


SCAC Loan

This loan provided by SCAC (Sarawak Chinese Annual Conference) is available for members or members’ children of the Methodist churches in Sarawak. A loan of RM 3,000 (for local Higher Institutes/ Universities) and RM 5,000 (for overseas tertiary education) will be granted to successful applicants without interest. Applicants must pay back the loan in monthly or quarterly installments after their graduation.

 

Yayasan Methodist Pilley (YMP)

TERMS & CONDITIONS

  1. This Financial Aid is available to students who demonstrate financial need, as determined by the YMP Scholarship and Financial Aid Committee.
  2. Students with satisfactory academic performance and who display commendable character, leadership qualities, and active participation in co-curricular or community activities may be given priority consideration.
  3. Applicants must have been accepted as or be currently enrolled as full-time students at Methodist Pilley Institute (MPI) or any recognised college or university before they may be considered for this Financial Aid.
  4. Shortlisted applicants may be required to attend an interview conducted by a panel appointed by the YMP Scholarship and Financial Aid Committee.
  5. The Financial Aid amount and method of disbursement shall be determined solely by the Committee and may be provided on a one-off basis or in such manner as the Committee deems appropriate.
  6. Approval of Financial Aid applications is subject to the terms and conditions, assessment criteria, and quota determined by the Committee. Fulfilment of the eligibility requirements does not guarantee approval.
  7. This Financial Aid is valid only for the programme in which the recipient is enrolled and is subject to the annual application and approval requirements, unless otherwise determined by the Committee.
  8. Successful recipients are eligible to receive Financial Aid only once within an academic year. Recipients may reapply in subsequent years and will be subject to the same application procedures, assessment process, and terms and conditions. No automatic or guaranteed approval shall be granted.
  9. YMP reserves the right to involve recipients in interviews, promotional activities, photography sessions, advertisements, publications, or any other related publicity activities for the purpose of promoting YMP programmes and initiatives.
  10. The YMP Scholarship and Financial Aid Committee reserves the right to amend, modify, or revise any of these terms and conditions at any time as deemed necessary.

Download Application FormÂ