Yayasan Selangor Education Loan (Selangor Foundation)

Yayasan Selangor Education Loan (Selangor Foundation)

Yayasan Selangor Education Loan was introduced in 1984 to aid the Selangor students in furthering their studies to local and overseas institution of higher learning.

Currently, the Yayasan Selangor Education Loan focuses on sponsoring students in local public and private institutions of higher learning for Certificate, Diploma and First Degree levels.
Yayasan Selangor will advertise before the offer for education loan is opened. Application forms can be obtained from the Yayasan Selangor Headquarters Office in Petaling Jaya.

Requirements:
- Applicant/Mother/Father born in Selangor state
- Residents of more than 10 years can be considered
- Applicant has obtained a full time offer in public institution of higher learning, INPENS International College, UNISEL, IKYS or KUIS.
- Applicant is not receiving any sponsorship or financial aid from other sponsoring bodies
- Priority is given to applicant from family with low income

Application Process:
- Advertisement for the education loan offer is in the month of January and July every year.
- Release of application forms
- Interview
- Offer and signing of agreement
- The loan is paid to the Education Institution's Treasurer or directly to the applicants

Education Loan Rate
a) Local Public Institution of Higher Learning
- Certificate: RM 2,000 - RM 3,000 per year
- Diploma: RM 3,000 - RM 4,000 per year
- Degree: RM 4,500 - RM 7000 per year

b) Institusi Kemahiran Yayasan Selangor, Unisel, Inpens & Kuis
- Certificate: RM 3,500 – 5,000 per year
- Diploma: RM 5,000 – RM 6,000 per year
- Degree: RM 5,000 - RM 8,000 per year

Source: http://www.yayasanselangor.org.my/