Other Financial Aid

Other financial aid is available in forms of study loans and fund assistance provided by a number of awarding bodies / organisations in Malaysia.

The Social Security Organization (SOCSO) provides social security protection by social insurance including medical and cash benefits, provision of artificial aids and rehabilitation to employees to reduce the sufferings and to provide financial guarantees and protection to the family. It is commonly known in the Malay term as PERKESO or Pertubuhan Keselamatan Sosial.

One of the benefits, which SOCSO provides for Malaysians, is the education benefit, which comes in the form of a loan disbursed out to dependent children who are recipients of a monthly benefit for Dependent's Benefit, Survivor's Pension, children of an employee who are recipients of a monthly benefit of Permanent Disablement and Invalidity Pension.

Although this benefit is in the form of a loan, it can, however, be converted into a scholarship if the child obtains excellent result.

This fund is for the benefits of SOCSO members / contributors in the form of loan given to dependent children who are in receipt of a monthly benefit for:

  • Dependent's Benefit
  • Survivor's Pension or children of an employee who are in receipt of a monthly benefit for Permanent Disablement or Invalidity Pension


Eligibility criteria
Applicants must be dependent children of an employee who are contributors to the SOCSO insurance schemes, receiving Invalidity Pension, receiving periodic, or permanent disablement. Applicants can also be children of contributors who died while in employment because of injuries, or died before reaching their 55th year. The applicants must be below 21 years of age, unmarried at the time of application and pursuing degree, diploma or certificate courses recognised by the Education Ministry. This loan is given to deserving students who have done well in their examinations and are admitted to institutes of higher learning.
The following persons are not eligible for the loan: siblings of the insured, matriculation/foundation/scholar students. 

Loan coverage
SOCSO is offering educational loans, amounting to as much as RM100,000, to children of members who are in receipt of monthly invalidity pensions.
The borrower is required to repay the loan via monthly instalments once the person has completed the study programme.    

How to apply
Application has to be made by completing the "Permohonan Pinjaman Pendidikan PERKESO" form available at the local SOCSO office. You can also visit www.perkeso.gov.my for more information.


This scheme allows Employees Provident Fund (EPF) members to withdraw from Account II to pay the fees to undertake further studies in local or overseas institutions.       

Eligibility criteria
Eligible EPF members may withdraw the maximum amount of the total fees or all balances in Account II, whichever is lower. Members may apply for withdrawal in each academic year provided that there is balance left in the Account II.

How to apply
Before applying for withdrawal under this scheme, EPF members are required to check the balance in Account II and obtain a letter from EPF that specifies the amount that can be withdrawn. Members can apply by completing the KWSP 9H (AHL) form and submit together with supporting documents.

Employees Provident Fund
Bangunan KWSP
Jalan Raja Laut
50350 Kuala Lumpur


This is a government loan that is applicable to students according to the state where they were born. For instance, students born in Selangor can apply for loans from Yayasan Selangor only.

Eligibility criteria
The loan is applicable to students who possess IC from respective states only.       

Loan coverage
The loan covers up to 100% of course fees.    

How to apply
You can obtain the application forms from the respective state offices. Find out more information from the Student Services at APIIT.