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MARA Scholarship
MARA Loan
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.
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
The loan only applies to Malay and Bumiputera students who are financially needy and who are not more than 40 years old. In addition, applicants must maintain their CGPA of 2.5 and above to be eligible to apply for the loan.
Loan coverage
The loan covers tuition fees and allowance, the amount of which depends on the student's financial background .
How to apply
Upon receiving an offer letter from the respective institute, students can request the application form from MARA at:
Ibu Pejabat MARA
21, Jalan Raja Laut
50609 Kuala Lumpur
Tel : 03-26915377
Fax : 03-26913620
For more information, please contact one of our offices
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