Description
Taylor’s University offers a robust gateway for postgraduate students to access highly prestigious external funding options. These external pathways are designed to help high-achieving Malaysian students finance their Master’s or PhD journeys through convertible loans and sponsorships offered by prominent national organizations.
If you are looking to advance your career with a postgraduate degree at Taylor’s University, these external funding alternatives provide excellent financial relief.
1. MARA: Program Graduan Cemerlang (GrEP)
The MARA Program Graduan Cemerlang (GrEP) is a premier funding option aimed at outstanding Bumiputera graduates pursuing postgraduate studies. Offered as a convertible loan, this program helps reduce or fully waive repayment obligations based on the student's academic performance and fulfillment of MARA's specific terms.
Eligibility Criteria
To qualify for the MARA GrEP funding at Taylor's University, applicants must satisfy the following requirements:
- Nationality & Descent: Both the applicant and at least one parent must be of Bumiputera descent and hold Malaysian citizenship.
- Study Mode: Applicants must be enrolled in, or have received an offer for, a full-time Master's or PhD program. Part-time programs are not eligible.
- Age Limits:
- Master's applicants: Must not be over 40 years of age.
- PhD applicants: Must not be over 45 years of age.
- Academic Requirements:
- For Master's degrees: Must hold a recognized Bachelor's degree with a minimum CGPA of 3.00 or its equivalent.
- For PhD degrees: Must hold a recognized Master's qualification with a minimum CGPA of 3.50 or its equivalent.
Funding Coverage
- Type of Fund: Convertible education loan.
- Amount: Subject to MARA's official evaluation and final approval.
Application Process
- Interested students must apply directly through the official channels:
- Online Application: Applications must be submitted online through the official MARA Portal.
- Offer Letter: Ensure you have obtained a formal letter of admission or offer from Taylor's University before applying.
- Inquiries: For further details or questions regarding internal pathways, you can reach out directly to MARA's Education Sponsorship Division or email grepdn@mara.gov.my.
2. Yayasan Bank Rakyat: Pembiayaan Pendidikan Boleh Ubah (PPBU)
The Pembiayaan Pendidikan Boleh Ubah (PPBU) is a unique, interest-free convertible study loan offered by Yayasan Bank Rakyat. It is specifically designed to support underprivileged but academically qualified Malaysian students pursuing higher education, including postgraduate studies, at recognized local private universities like Taylor’s.
The loan is convertible, meaning that high-performing graduates can receive significant discounts—or even complete loan waivers—based on their final graduating CGPA.
Eligibility Criteria
To be considered for the PPBU funding, candidates must meet the following guidelines:
- Nationality: Must be a Malaysian citizen.
- Socio-Economic Background: Designed to assist poor, underprivileged, or marginalized students.
- Study Mode: Must be enrolled in a full-time Master's or PhD program. Part-time students are excluded from this funding.
- Age Limit: Master's and PhD candidates must be able to complete their postgraduate studies before turning 45 years old.
Academic Requirements:
- For Master's degrees: Applicants must hold a Bachelor’s degree with a minimum CGPA of 3.00.
- For PhD degrees: Applicants must hold a Master’s degree with a minimum CGPA of 3.00, or a Bachelor's degree with a minimum CGPA of 3.75.
- Approved Fields: The loan covers a wide range of fields (including Business, Accounting, and Law) but excludes Medical and Aviation licensing courses.
Funding Coverage
- The financial support provided by PPBU is capped annually based on the level of study:
- Master’s Degree: Funding of up to RM12,000 per year.
- PhD / Doctoral Degree: Funding of up to RM18,600 per year.
Repayment Waiver and Discounts
- The loan functions as a partial or full scholarship depending on your final academic results upon graduation:
- CGPA of 3.50 and above: 100% repayment waiver (functions as a full scholarship).
- CGPA of 3.00 to 3.49: Recipients only repay 30% of the total funded amount.
- CGPA of 2.50 to 2.99: Recipients repay 70% of the total funded amount.
Application Process
- Interested students must complete their application online during the official application cycles:
- Prepare Account: Open a Bank Rakyat savings account with a minimum balance of RM100 prior to submission.
- Apply Online: Submit your application online through the official Yayasan Bank Rakyat website.
- Status Check: Review application outcomes via the YBR portal, which are typically updated within two months after the closing of the application window.
Important Terms to Remember
When pursuing external funding at Taylor's University, please keep the following operational rules in mind:
- Exclusivity: Scholarship and financial aid recipients are typically restricted to enjoying only one institutional or external scholarship/bursary at a time.
- Termination of Internal Awards: If you are currently receiving an internal Taylor's University scholarship and subsequently accept an external funding option (such as MARA or PPBU), your internal Taylor's University scholarship disbursement will cease immediately and cannot be reinstated.
Website URL
https://university.taylors.edu.my/en/study/scholarships-and-financial-aid/postgraduate-scholarships.html#external-scholarships