Kuala Lumpur Metropolitan University College


		Sunday : 26th May 2013
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		Financial Aid

The Malaysian government emphasises education as one of the most important growth sectors for the country. With this in mind, the Ministry of Education and other related governmental bodies have made financial packages available from banks, financial institutions, state departments, government-linked agencies and local organizations. These packages included scholarships, loans as well as financial aid to Malaysian students. KLMUC has a dedicated department called the Bursary and Financial Aid Department which helps students in their applications and processing for study loans from the various financial bodies. Students can request for details and forms from the department. The following financial bodies that provide aid are:-

Applicable to Malaysian Students Only

Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN)

•	PTPTN loan is open to ALL DIPLOMA and DEGREE full-time students with a minimum of three (3) credits in SPM.
•	Maximum loan approved for 3 year-DIPLOMA Non-Health Science Program is RM 24,000
•	Maximum loan approved for 3 year-DIPLOMA Health Science Program is RM 45,000
•	Maximum loan approved for 3 year-DEGREE Non-Engineering & Electrical Engineering Program is RM 48,000
•	Maximum loan approved for 3 year-DEGREE Engineering & Electrical Engineering Program is RM 56,800

MAJLIS AMANAH RAKYAT (MARA)

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The MARA loan is open to only BUMIPUTRA DIPLOMA/DEGREE students for the approved programmes stated below. Students must possess a minimum five (5) credits in SPM including Bahasa Malaysia, Mathematics and Science.

1). Diploma:	Information Technology, Multimedia Application, Computerized Graphic Design, Accounting, Culinary Arts, Nursing, Medical Lab Technology, Medical Imaging and E-Business
2). Degree:	E-Business, IT, Multimedia, Graphic Design and Accounting


Social Security Organisation (SOCSO)

•	The SOCSO loan is only for those who have not reached 21 years of age, is single and do not have any other sponsors
•	The loan amount approved is based on the total fees for either the DIPLOMA or DEGREE Programme and is inclusive of living allowance


Kumpulan Wang Simpanan Pekerja (KWSP)

•	Students may opt for EPF withdrawal either from their own or their parents' EPF Account II
•	EPF withdrawal can be made on a yearly basis
•	EPF withdrawal can also be used to reimburse fees which have been paid to the University/College
•	EPF withdrawal can also be used to settle study loans from loan sponsoring bodies


Yayasan Wilayah Persekutuan

•	This education loan is only open for students born in Kuala Lumpur, or whose parents are born in Kuala Lumpur or they have been residing in Kuala Lumpur for more than 7 years
•	The loan is eligible for DIPLOMA or DEGREE programme students