MCA Interest-free Student Loans

Malaysia Chinese Association (MCA) will be giving out interest-free student loans amounting up to RM30 million to students from needy families.

The loan is for those who have completed their SPM, STPM, the United Examination Certificate (UEC) and pre-university courses.

The loan has no racial ration and is open for all races in Malaysia.

Under the one-off scheme for full course duration, the maximum loan amount for student pursuing their studies locally is RM 30,000

Students pursuing their studies overseas can receive a maximum of RM50,000. Student pursuing their Masters can receive a maximum total of RM 80,000 to RM 100,000.

The guidelines for this MCM interest-free students loan are yet to be finalized and will be released within the next two weeks.
Load disqus comments

0 comments

DISCLAIMERS: Some of the pictures, videos and articles on pendidikanmalaysia.com are the property of their respective owners. pendidikanmalaysia.com do not hold any copyright about the said content. If you have recognized one of your photos, videos or others from pendidikanmalaysia.com contents that is in violation of copyright law, please email me at sunduvan [at] gmail.com. Based on your request, pendidikanmalaysia.com will put a proper credit to the said content OR would immediately remove the said material from the site upon proof and identification OR pendidikanmalaysia.com can arrange any other ways to solve the conflict. Thanks.