Overview
Pembiayaan Pendidikan Boleh Ubah (PPBU) by Yayasan Bank Rakyat is a financial assistance program for Malaysian students pursuing full-time studies from Diploma to Master’s level. It is open to students from the B40 and M40 income groups, aiming to support their education at recognized local higher learning institutions. The program prioritizes critical fields such as accounting, banking, business management, economics, communication, law, and actuarial science. A key feature of PPBU is the option to convert the loan into a partial or full scholarship based on academic performance. Students with a CGPA of 3.50 and above may receive up to 100% repayment exemption. This initiative reflects Yayasan Bank Rakyat’s commitment to improving access to education and providing equal opportunities for underprivileged groups to succeed academically and build a better future.
What It Covers
Typically includes tuition fees, monthly living allowance, and may cover other expenses such as travel, books, or insurance—depending on the Yayasan Bank Rakyat Education Financing-i scheme.
Eligibility
Open to Malaysian citizens who meet academic requirements set by Yayasan Bank Rakyat Education Financing-i; age limit usually ranges between 18 and 25, depending on level and program.
