Penang Future Foundation

Scholarship Overview

Penang Future Foundation

Taylor's-PFF 2022 Penang Scholar

AWARDS UP TO 100,000MYR
AWARDS UP TO 100,000MYR
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Location:
Selected Universities
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Course Level:
Degree
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Field of Study:
STEM, Accounting, Finance

Criteria

  • Minimum CGPA of 3.67 in STPM/ Foundation/ Matriculation/ Diploma/ UEC & equivalent; OR Currently pursuing undergraduate course in Malaysia IPT with minimum CGPA of 3.67; and
  • Household income not more than RM 15,000 per month (equivalent to RM 180,000 annualized); and Parents’ 2 years tax return/ BE Form must be attached
  • Malaysian 25 years or younger;
  • Entering/ Currently pursuing full time first undergraduate Degree in Malaysia
  • Pursuing a degree course which is fully-accredited by MQA and is in the field of Science* (*exclude Medicine), Technology, Engineering, Mathematics (STEM) and Accountancy/ Finance.

Highlights

  • Must maintain CGPA of 3.33 and above at all times.
  • Reminder of possible revocation will be served for any semester of CGPA below 3.33
  • Timely submission of the latest examination slip at the end of each semester.
  • After graduation, recipients must work in any organization of own choice (private OR public sector) in Penang
  • Bond Period calculated based on the value of Tuition Fee AND Living Allowance sponsored; one year of service for every RM 20,000. Minimum one year service bond, maximum of EIGHT years.
  • Bond is served by period of actual employment in Penang.

Awards

Tuition Fee
Resource Fee
Expenses

This sponsorship will apply during the minimum period required for completion of course (to graduate on time) and will cover:

  • Monthly Living Allowance of RM800
  • Tuition Fee not exceeding RM 100,000 for entire course (based on actual amount invoiced by university/ pays directly to university)

Note: Award only takes effect upon execution of scholarship agreement and does not cover retrospective tuition fee/ living expenses incurred by scholar.

Details

Penang Future Foundation is offering scholarships for students who are pursuing a degree in field of STEM, Accounting or Finance. Candidates are prioritised if they:

  • Penangites or studied in Penang
  • Have good academic achievements
  • Possess good cognitive skills ie: leadership, communication, teamwork
  • Were recipients of state/ national/ international level prize/award; both academic and non-academic

Application

Application Close:
2022/07/22
  • Online application opens once a year. For 2022, the application is open from 1st - 22nd July 2022. Refer to announcement at Penang Future Foundation home page.
  • Submit application and supporting documents via online only : https://penangfuturefoundation.my/online-application/ (Application and documents submitted over the counter or send in via post or email will not be accepted.)
  • Applications received will be automatically filtered by system (i.e. must meet minimum eligibity criteria).
  • Shortlisting is done based on merits which includes but not limited to priority criteria and allocation as determined by PFF for each discipline
  • Shortlisted students are called up to attend interview before panels convened by PFF. Students to bring with them on interview day, original copies of all documents submitted during the application process.
  • Manual verification of documents will be done prior to interview.
  • Final decision will be made by the members of the Selection Committee.
FIND APPLICABLE COURSES

Awards up to

100,000MYR

from Penang Future Foundation


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