Exploring Financial Aid: Private Sector Scholarships for Malaysian Students

Source: chevening.org
In today's world, pursuing higher education is practically mandatory for many careers, especially those in corporations. These companies often have specific requirements, with undergraduate or master's degrees being a common prerequisite depending on the position.
While some universities offer financial aid, scholarships can be a particularly attractive option for Malaysian students. There's a wealth of scholarship opportunities available, both from the government and the private sectors. These private sector scholarships are typically offered by Malaysian corporates or sometimes foundations.
Here are some private sector scholarships for studying in Malaysia.
ASEAN-Maybank Scholarship Programme 2024
The Maybank Foundation and the ASEAN Secretariat partnered on this programme. The scholarship program is intended to provide young, promising and deserving ASEAN nationals with full scholarships to pursue undergraduate studies at a top university outside their home countries but within the ASEAN area, hence promoting intra-ASEAN integration. This project is supported by 30 universities in Malaysia, including Universiti Kebangsaan Malaysia, Universiti Utara Malaysia, Lincoln University College Malaysia, Nottingham University Malaysia, and others. For more information about the requirements click here
Bank Negara Malaysia (BNM) - Kijang Scholarship 2024 (Undergraduate)
Bank Negara Malaysia (BNM) is devoted to developing young Malaysian talent through its scholarship program. Scholarship awardees will have access to the best learning experiences at top colleges approved by BNM to study Economics, Accounting, Finance, Actuarial Science, Mathematics, Statistics, Data Science, Law, and Computer Science.
This scholarship gives two different types of scholarships:
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Kijang Scholarship 2024, for eligible individuals to study pre-university programs at BNM-approved pre-university colleges. This scholarship covers tuition, subsistence allowance, and other scholarship benefits; and
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Undergraduate Scholarship 2024, for eligible persons who have received offers or are presently studying their undergraduate education.
For more detailed information about this scholarship click here.
Shell Malaysia Scholarship Programme
The Shell Malaysia Scholarship Programme has helped more than 1500 students to pursue their educational goals and offered a unique entry into the energy business. This system allows candidates to be sponsored by two tiers of A-levels and undergraduates at prestigious colleges and universities both locally and internationally. They encourage their students to pursue degrees in:
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Engineering: This includes Mechanical, Civil, Chemical, Petroleum, Electrical & Electronics, Environmental, and Sustainable Engineering.
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Sciences: This includes Geology, Geosciences, Geomatics, Geophysics, and Data Science.
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Business: This includes Business and Management, and Digital Marketing.
To be eligible for this scholarship, you must first complete the application procedure, then participate in a virtual job tryout and on-demand video interview, and finally, complete a final assessment and competency interview. To apply this scholarships click here
CIMB ASEAN Scholarship
CIMB is dedicated to assisting young talent who need help to achieve their goals. This corporation goes beyond financial assistance by offering professional development and a mentor support structure to empower the region's young talent to create a bright future and make a difference in the lives of people around them. Their financial assistance includes full tuition fees, a book allowance, and other expenditures such as accommodation, airfare, and visa/travel paperwork. This highly selective scholarship offers full financial support to exceptional students from ASEAN countries where CIMB operates. They sponsored applicants studying Computer Science, Data Science, and Psychology, along with those pursuing banking-related fields, such as Accounting, Economics, or Finance. To apply this scholarship click here
Government scholarships are a reliable option, but don't underestimate the private sector! They offer a wide range of scholarships to choose from. By investing in students, private companies play a vital role in educating and empowering the next generation. So, explore all your options and invest in your future with a scholarship!
References:
https://studymalaysia.com/scholarships/cimb-asean-scholarship-2
https://www.shell.com.my/careers/students-and-graduates/scholarships.html