Loan · Convertible loan
MARA Tertiary Education Loan Programme (TESP)
Provider: Majlis Amanah Rakyat (MARA)
- Funds
- Diploma or first degree in Malaysia
- Covers
- Study loan (Pinjaman Boleh Ubah) for MARA-designated fields and institutions; amount not published; check the provider
- Who's eligible
- Bumiputera Malaysian (applicant and one parent); SPM, certificate or diploma leavers; under 30 for diploma, under 40 for degree; no double sponsorship; priority for B40 and M40 families.
- When to apply
- The cycle usually opens in April. Check the official page.
Deadlines, grade requirements and amounts shift every cycle. Always confirm the live details on each official source before you apply. Checked on 2026-09-25.
Quick answers
Who is eligible for MARA Tertiary Education Loan Programme (TESP)?
Bumiputera Malaysian (applicant and one parent); SPM, certificate or diploma leavers; under 30 for diploma, under 40 for degree; no double sponsorship; priority for B40 and M40 families. In short: restricted to Bumiputera students and household income is a criterion. Confirm on the sponsor's official page.
What does MARA Tertiary Education Loan Programme (TESP) cover?
Study loan (Pinjaman Boleh Ubah) for MARA-designated fields and institutions; amount not published; check the provider. Confirm on the sponsor's official page.
Does MARA Tertiary Education Loan Programme (TESP) have to be repaid?
Yes, unless it converts. This is a convertible loan: part or all of it can become a scholarship if the sponsor's conditions are met (usually academic results), and the rest must be repaid. It also carries a service bond. Confirm on the sponsor's official page.
When do applications for MARA Tertiary Education Loan Programme (TESP) open?
The cycle usually opens in April. Confirm on the sponsor's official page.
Which fields of study does MARA Tertiary Education Loan Programme (TESP) fund?
By the terms we checked on 25 September 2026, the sponsor does not limit this award to particular fields. Confirm on the sponsor's official page.