Public and Private Universities (IPTA & IPTS) in Malaysia

MQA fully-accredited courses in Science*, Technology, Engineering, Mathematics (STEM) and Accountancy/ Finance
*Exclude Medicine

Minimum period required for completion of course (to graduate on time)

1. Academic Achievements
2. Good cognitive skills ie: leadership, communication, teamwork
3. Recipient of state/ national/ international level prize/award; both academic and non-academic

1. To work in any organization of own choice (private OR public sector) in Penang
2. Bond Period calculated based on the value of Tuition Fee AND Living Allowance sponsored; one year of service for every RM20,000.
   
   Minimum one year service bond, maximum of EIGHT years.

   Tuition Fee AND Living Allowance Sponsored	Service Bond
   Less or equal to RM 20,000	1 year
   > RM 20,000 – RM 40,000	2 years
   > RM 40,000 – RM 60,000	3 years
   > RM 60,000 – RM 80,000	4 years
   > RM 80,000 – RM 100,000	5 years
   > RM 100,000 – RM 120,000	6 years
   > RM 120,000 – RM 140,000	7 years
   > RM 140,000 – RM 160,000	8 years

3. Bond is served by period of actual employment in Penang.

1. Online application opens once a year. Refer to announcement at home page.
2. Submit application and supporting documents via online only. (Application and documents submitted over the counter or send in via post or email will not be accepted.)

Online application need to be submitted from 8:00 AM on 15 July to 4:59 PM on 5 August 2026 at Penang Future Foundation

1. Meet minimum eligibility criteria. Applications received will be automatically filtered by system.
2. Shortlisting done based on merits which includes but not limited to:
   • Priority criteria
   • Allocation as determined by PFF for each discipline
3. 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.
4. Final decision by the members of the Selection Committee.

Grounds of revocation include:

1. Failed to achieve the minimum CGPA required for two consecutive semesters; OR
2. Placed under academic probation by university or obtained CGPA less than 2.00 at any time during the duration of study; OR
3. Involved in illegal/unlawful activities and or vices considered detrimental to PFF’s or state government’s interest (refer to PFF Scholarship Agreement for details); OR
4. Expelled from university on any ground; OR
5. On the conviction of involvement in drug abuse and/or activities related to drugs, including trafficking and consumption of drugs.

IF scholarship is revoked, the scholar and/or guarantor(s) has to pay back all monies received from the PFF Scholarship within 60 days upon receipt of the letter of demand.

(Note: Guarantors to be copied all correspondences sent to scholar)

1. Scholarship will not be granted for extension period save for:
   1. Suspension of studies of not more than 6 months by virtue of Scholar’s failing health, supported by:
      1. Certified medical report by General Hospital or accredited medical institution, and
      2. Supporting letter by a member of the faculty’s academy staff
   2. Case to case basis on humanitarian grounds to be determined at PFF’s sole discretion. Refer to PFF Scholarship Agreement for details.
2. Any approval of extension will not exceed a maximum period of one (1) year from the date of approval, unless otherwise determined and confirmed in writing by PFF.

Scholarship for Post-Graduate Degree or Professional Qualifications= NOT APPLICABLE

Address:
Penang CAT Centre at Invest-in-Penang Berhad
PSDC Building 1, Jalan Sultan Azlan Shah,
11900 Bayan Lepas, Penang
Contact No: 04-646 8833

Email: info@penangfuturefoundation.my