Learning Cafe

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Monday, October 09, 2006

Student Loan Consolidation

There are several ways to obtain the study loan or scholarships in our country.Dont worry to try out one of this institution for your bright future.Consolidate your student loans to reduce your student loan payments and save you thousand of dollars.

STUDY LOANS (Malaysian students only)
Financial difficulties should not prevent a student with great potential from taking up a great career opportunity. Some of the options you can choose from are as stated below.


1. PTPTN Loans

The PTPTN loan (National Educational Loan) is generally a study loan for Malaysian diploma and degree holders. As for using this option to pay for you diploma in SAE, you are only eligible to get RM 5000 for per year study.

* This loans is strictly handled by SAE Institute, Malaysia.



2. Bank Rakyat Loan (Al-Falah)

This loan allows you to finance your studies for educational expenditure such as tuition fess, personal expenses, reference books and other materials you need for your studies in SAE Malaysia.



3. MIED Loan (Maju Institute of Education Development)

Maju Institute of Education Development (MIED) is the education arm of the MIC. Take note that the MIED loans are not restricted to Indian students but open to all Malaysians. For further information call Ms.Naga at 03-40422885.



4. KOJADI (Koperasi Jayadiri Malaysia)

KOPERASI JAYADIRI MALAYSIA BERHAD (KOJADI) is established on March 12, 1981. The primary objective is to extend an effective educational loan facility to needy students to pursue higher education and secondly to nurture human resource into well-trained manpower for the Malaysian Community and the Nation.

For further information please visit
http://www.kojadi.com.my/index-education.html



5. RHB Bank Study Loan

As a student you can apply jointly with your parents, brother, sister, spouse or children. Full-time and part-time programs approved by the Ministry of Education, Jabatan Pentadbiran Awam are acceptable when applying for the RHB Study Loan, both for local or overseas education.

For further information please visit
http://www.rhbbank.com.my/personal/services/loan/study_loan.shtm



6. EPF Education Withdrawal

This withdrawal allows you to withdraw your savings from Account II to finance your education / your children's education (including step-children and legally adopted children) at the Institution Of Higher Learning (IHL) either locally or abroad. As of 1st April 2006 parents are allowed to withdraw for their childrens Diploma Level education.




SCHOLARSHIP (Malaysian students only)
We here at SAE Institute, Malaysia has set up a few scholarship to be offered to our deserving students.



1. ACADEMIC Scholarship

The student who fulfills the requirements for the scholarship will be granted complete fee exemption for their final semester. For further details please e-mail us at info@saemalaysia.com



2. MERIT Scholarship

The merit scholarship would entitle the qualifying student to receive a rebate on their fees. This scholarship is given to outstanding students in the program who maintain an academic GPA of 3.5(90%) and an attendance record above 95% for each semester.

Consolidate during your grace period and lower your interest rates even more.

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