Higher Education in Malaysia > Government Study Loan > MARA
MARA Study Loan Scheme
MARA Study Loan Scheme was first introduced in 1966 when Majlis Amanah Rakyat
(MARA) was formed. The financial assistance was then given out in the form of
full scholarships. From 1968, the financial aid for college was divided into 2
types. MARA scholarships with a 25 % repayment and MARA study loans with a 100 %
repayment.
From 1 January 1985 until 31 December 1997, the financial aid was in the form of
convertible loans. Students who obtained good grades upon graduation were
eligible to apply to convert their MARA study loans to MARA scholarships.
Starting from 1 January 1998, this financial aid has been given out as a 100 %
loan except for loans given out under the Excellent Student Scheme where
students can apply to convert their MARA study loans to MARA scholarships based
on their examination results.
Majlis Amanah Rakyat (MARA) Study Loan
MARA Loan
The MARA Loan programme applies to students who plan to join any private
institution for '3+0' programmes. Students must apply to the respective
institution before applying for the loan.
Eligibility criteria
Bumiputera, Malaysian citizen: Definition of Bumiputera – If one of the
parents is a Malay and practicing Islam or Bumiputera (aborigines/indigenous for
Sabah & Sarawak) therefore his/her children are Bumiputeras. Credits in Bahasa
Melayu at SPM/SPMV level.
Never been sponsored by any scholarship bodies at the same education level.
Students whose scholarships have been terminated by any sponsor may apply for
MARA financial assistance a year after the termination, with the condition that
the students have to bear all expenses for that year and obtain excellent
results.
Institutions of higher learning are recognized by Malaysian Government or
private institutions of higher learning are recognized by Private Education
Division, Ministry of Education.
Meet age requirements as follows:
i. Programs for SPM school leavers – 19 years and below
ii. First degree – not exceeding 30 years old
iii. Master’s degree/Medicine/Dentistry Specialization - not exceeding 40 years
old
iv. Doctor of Philosophy (phD) – not exceeding 45 years old
Currently undergo courses that are of great importance to MARA.
Free from any contracts or paid leave from employer while studying except for
Medical Specialization courses (For each programs sponsored, there will be other
specific requirements relevant to such programs)
The Socio Economic status of the family where the annual taxable joint income of
the parents or spouses must not exceed RM80,000.
Loan coverage
The loan covers tuition fees and allowance, the amount of which depends on the
student's financial background .
How to apply
www.mara.gov.my/en
Inquiries, please contact:
For Sabah students:
Sabah State MARA Office
Tingkat 1, 2 & 3, Lot 1 &2, Blok J,
Ruang Singgah Mata 4, Asia City
Peti Surat 11040,
88609 Kota Kinabalu, Sabah
Tel : 088-211 011 / 211 012
Fax : 088-211 603
For Sarawak students:
Sarawak State MARA Office
Tkt 2, Bangunan MARA (Bangunan MARA Plaza Astana)
Jln. Astana Petra Jaya,
93050 Kuching, Sarawak
Tel : 082-448 121/ 082-445 112/ 082-443 102
Fax : 082-443 514
Loan Amount : | MARA loan covers tuition fees and allowance, the amount of which depends on your financial background. |
Academic Qualification : | SPM/STPM |
Age Limited : | Only Bumiputera students are eligible |
MARA Loan are AVAILABLE for following programme:
Programme:
Foundation in Business Information Technology
Diploma in Information Technology
Diploma in Business Administration
Diploma in Accounting
Diploma in Hotel Management
BA (Hons) in Business Administration
BA (Hons) in Business and Accounting
BA (Hons) in Business and Marketing
RELATED TOPICS
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Scholarship |