External Sponsorship
MARA Tertiary Education Sponsorship Programme (TESP)
Specifically for Foundation, Matriculation, Pre-U, STPM and Diploma-graduate students to further studies at Bachelor’s Degree levels in the participating programme at Sunway University.
Degree Programmes
- BSc (Hons.) Financial Economics
- BSc (Hons) Psychology
- BSc (Hons) in Actuarial Studies
TERMS OF APPLICATION
- The applicant and one of the parents are a citizen and of Bumiputera status.
- Parents/ Guardians as well as students are NOT blacklisted by MARA.
- Applicants do not receive financial/ sponsorship assistance from any agency for the same education level (double sponsor).
- The courses enrolled in are courses recognized by the Malaysian Government and the Professional Body of Malaysia.
- Has never been terminated by any sponsor for disciplinary action that is unlawful and has no criminal record.
- Free from chronic illnesses / infectious diseases / diseases that require follow-up treatment and are able to study until completion.
- Obtain release / deferment of service contract or repayment of loan from other sponsor bodies (except MARA) for previous study (for those related).
Age limit to be as of 31 December 2024 and duration of study by program:
EDUCATION LEVEL | AGE LIMIT | STUDY DURATION (FULL TIME) | STUDY DURATION (PART TIME) |
---|---|---|---|
Bachelor’s Degree | < 40 years | 3 to 4 years | - |
Note: Loans will only be considered for applications with a minimum of 1 year of study remaining.
Loan eligibility based on Sosioeconomic Status (SES):
CATEGORIES | TYPE OF FEES | MONTHLY INCOME | ANNUAL TAX INCOME |
---|---|---|---|
Full Loan | Study Fee and Living Allowance | RM12,000 and below | RM150,000 and below |
For those with no fixed income, the average monthly income is RM12,000 and below | |||
Partial Loan | Study Fee only | RM12,001 to RM20,000 | RM150,001 to RM250,000 |
For those with no fixed income, the average monthly income is RM12,001 to RM20,000. |
ACADEMIC REQUIREMENTS
STUDENT CATEGORIES | ACADEMIC QUALIFICATION & REQUIREMENT |
---|---|
New Student | Possess a Foundation/ Matriculation/ Pre-U/ STPM and equivalent with a minimum CGPA of 3.30 or its equivalent. |
Existing Student | Obtain a minimum CGPA of 3.30 or its equivalent in previous semester of study and the remaining study duration must be more than one year. |
OTHER REQUIREMENTS
- Pass SPM with credit in Bahasa Melayu & pass in History.
MARA TESP 2024
Applications must be made online via MARA official website https://educationloan.mara.gov.my/V4/sa/#/Login
- Once MARA has accepted all the documents including sets of agreement, tuition fees will be made directly to institutions and living allowances will be deposited into student’s Bank Islam saving account.
- Loan disbursement to students for the following semester will be made based on:
- Still pursuing studies; and
- Passed the examination in the previous semester with CGPA of 3.30 and above
The disbursement of loan will be suspended in a particular semester due to any of the following reasons:
- Poor academic performance - average semester result CGPA below 3.30
- Deferment of studies
- Change of course to other programme which is not listed under MARA’s approval
- The loan will be terminated if a student fails to continue in the programme of study as stipulated in the loan agreement.
- Student’s who wish to cancel the loan throughout the study period have to complete the “Borang Pembatalan Perjanjian” available on the MARA website.
- When the loan is terminated, student is required to repay the loan amount taken during the duration of study.
- A written appeal must be submitted to MARA if the student is unable to repay the loan amount taken during the duration of study.
- MARA reserves the right to terminate or withdraw the loan offer at any point in time if the information is false or inaccurate.
- Students who wished to transfer/change programme must seek advise from Puan Norlela Abdul Rahman at norlelaar@sunway.edu.my for verification before submit document to MARA for approval.
- Change of course to other programme which is not listed under MARA’s approval will results in study loan termination.
Any further information can be made via e-mail as below
i. Related to the programme: tespipts@mara.gov.my
ii. Related to technical issues: ictbpp@mara.gov.my
From 26 November 2024 until 5 December 2024