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Criteria of Scholarship
and Study Loan Offered by Axismatics Professional Institute
To
attract better scholars, the Institute offers the following types of
scholarships:
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Type of Financial Assistance
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Required qualification
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Basic conditions attached
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Duration of Repayment
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Full
Tuition Waived Scholarship
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At
least possess 8 As or All As (including English, Math and one Science
subject) in SPM/ UEC/ O-Level or equivalent
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· Must complete the whole
program within 3 years.
· Must pass all the papers
on the first attempt.
A
student will be required to pay for any fees incurred for his/her remaining
studies if he/she does not fulfill any of the conditions stated as above.
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No
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Half
Tuition Waived Scholarship
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At
least possess 6 As (including English, Math and one Science subject) in
SPM/UEC/O-Level or equivalent
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· Must complete the whole
program within 3 years.
· Must pass all the papers
on the first attempt.
A
student will be required to pay for any fees incurred for his/her remaining
studies if he/she does not fulfill any of the conditions stated as above.
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No
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Quarter
Tuition Waived Scholarship
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At
least possess 5 As (including English, Math and one Science subject) in
SPM/UEC/O-Level or equivalent
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· Must complete the whole
program within 3 years.
· Must pass all the papers
on the first attempt.
A
student will be required to pay for any fees incurred for his/her remaining
studies if he/she does not fulfill any of the conditions stated as above.
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No
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In
order to lessen the financial burden of students who choose to study at our
Institute, the Institute would like to offer the following types of and study
loans for qualified students:
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Study
Loan (50% of total cost of studies)
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At
least possess 2 As (Any 2 of the 3 subjects, i.e. English, Math, and one
Science subject) and 3 credits (including one Science subject, and two
other subjects) in SPM/UEC / O-Level or equivalent
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· Must have one guarantor
to guarantee the repayment of loan.
· Study loan is given for
a student to sit for his/her exam on the first attempt. Study loan recipients
will be required to pay all fees incurred for taking any exam in the second
and succeeding attempts.
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The
repayment period will be at most 6 years with or without interest
incurred.*
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Study
Loan (25% of total cost of studies)
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At
least possess 1 A (English or Math) and 4 credits (including English, Math,
one science subject, and two other subjects) in SPM/UEC/ O-Level or
equivalent.
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· Must have one guarantor
to guarantee the repayment of loan.
· Study loan is given for
a student to sit for his/her exam on the first attempt. Study loan
recipients will be required to pay all fees incurred for taking any exam in
the second and succeeding attempts.
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The
repayment period will be at most 5 years with or without interest
incurred.**
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Special
Study Loan (25% of total cost of studies)
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At
least possess 5 credits (including English or Math, and 4 other subjects)
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· Must have one guarantor
to guarantee the repayment of loan.
· Study loan is given for
a student to sit for his/her exam on the first attempt. Study loan
recipients will be required to pay all fees incurred for taking any exam in
the second and succeeding attempts.
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The
repayment period will be at most 5 years with interest incurred.***
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* Study loan (50% of the total cost of studies) recipients
will be required to repay the loan starting from the 7th month
after completing the whole programme
/ withdrawing from the Institute without completing the whole
programme. The repayment methods are as listed below:
1. No interest will be charged if the repayment is completed
within the first 3 years.
2. An interest (4% p.a. monthly rests) will be charged on the
remaining loan amount starting from the 4th year till the
repayment is completed within 6 years.
3. The minimum monthly payment is RM300.
** Study loan (25% of the total cost of studies) recipients
will be required to repay the loan starting from the 7th month
after completing the whole programme
/ withdrawing from the Institute without completing the whole
programme. The repayment methods are as listed below:
1. No interest will be charged if the repayment is completed
within the first 2 years.
2. An interest (4% p.a. monthly rests) will be charged on the
remaining loan amount starting from the 3rd year till the
repayment is completed within 5 years.
3. The
minimum monthly payment is RM250.
*** Special Study Loan (25% of the total cost of studies)
recipients will be required to repay the loan starting from the 7th
month after completing the whole programme
/ withdrawing from the Institute without completing the whole
programme. The repayment methods are as listed below:
1. An interest (8% p.a. monthly rests) will be charged on the
loan amount till the repayment is completed within 5 years.
2. The
minimum monthly payment is RM250.
The
award of any types of scholarship and study loan is at the discretion of the
Institute. Only appeals deemed with
valid reasons will be entertained.
The
Institute reserves the absolute right to make any changes on the above
without prior notice.
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