Are you looking for a study loan to help you further your study? Well, you’re looking at the right place.

In case you haven’t heard, Yayasan Bank Rakyat is opening applications for its study loan, the Pinjaman Pendidikan Boleh Ubah (PPBU). Covering a variety of programmes across various levels of study, the PPBU is a popular financial aid.

Thinking of applying? Here’s everything you need to know about this year’s application process.

What you need to know

First of all, the study loan is only open to underprivileged students who have secured a full-time placement at a local public or private higher institution.

The loan is available for all MQA-recognised programmes across all levels of tertiary education, with the exception of medicine and aviation. However, priority will be given to students pursuing the following fields of study:

• Accounting
• Banking
• Business Management
• Human Resources
• Economy
• Media Communication
• Law
• Actuarial Science

The PPBU is a type of convertible loan. This means that, depending on your academic performance, the amount of repayment may differ. Should your final CGPA be higher than 3.50, then the loan will be converted into a scholarship. The exact repayment rate is as below:

How to apply

The deadline for the application is only until 15 March 2022.

To apply, simply submit your application to the Yayasan Bank Rakyat website. Before applying, make sure that you have an account on the Yayasan Bank Rakyat website as well as your university offer letter. There’s no interview but you will be asked to answer an online quiz after the application deadline closes.

All successful applicants will be announced via the website, SMS and email. An offer letter for the loan will also be emailed to you.

So what are you waiting for? Read more about the loan here or submit your application here.

Speak to an advisor

We offer free advice, course recommendation and application service.

Name *

Mobile *

Email *

Field of Study

Pre-University and Foundation Architecture and Building Bioscience and Life Sciences Business and Accounting Communication and Media Computer Science and IT Design and Creative Multimedia Education and Language Engineering Hospitality and Culinary Arts Law Mathematics and Actuarial Studies Medicine and Dentistry Pharmacy and Health Science Psychology and Social Science Others

You allow us to pass on your information to product providers and accept our Privacy Policy. We abide by the Personal Data Protection Act (PDPA).

I would like to sign up for an account with EduAdvisor

Apply now

Already have an account? Login

Thank you for your enquiry

Here's what will happen next.

Step 1: Check your email

You’ll receive an email confirmation from us regarding your enquiry.

Step 2: Speak to an advisor

Our advisors will be in touch to give you all the information you need.

Step 3: Submit your application

Ready to apply? Great! Simply let your education advisor know and we'll sort everything out for you.

Dzulfazreena Dzulkefli

Too busy complaining about lemon but I sometimes read.