ECM Libra Foundation 2015 (Study Loan)

website: www.ecmlibrafoundation.com

The Foundation offers study loans to selected underprivileged and needy students undertaking tertiary education in any approved course ("Approved Course") in any MQA approved local private or public university or college (“Approved Institution”). The study loan which is interest and bond free will cover tuition fees which will be paid directly to the institutions. The study loan may include cost of living expenses.You must have gained admission to an Approved Institution before you can apply for the loan. Generally you may apply for any Approved Course of study but the Foundation reserves the right not to offer the study loan for reasons and criteria that are governed by the Foundation’s policies.

Why a loan?
The Foundation offers loans only to those who are truly needy rather than scholarships because a loan gives the recipient a sense of self-esteem and commitment to their studies since they know they have to repay the loan. It is the Foundation’s hope that it will act as a strong motivating factor for the loan recipient as failure or dropping-out is not an option. Thus he or she will strive for the best grades throughout the course of study.

Eligibility
To be eligible for the study loan programmes, the applicant must:

• Be a Malaysian citizen;
• Prove eligibility for financial assistance, as means testing will be strictly applied.
• Have a good academic record and preferably active in extracurricular activities;
• Have gained admission into an Approved Institution for an Approved Course.
• Provide evidence of strong self-discipline and drive.

How to Apply?

Please download these forms:
1.Study Loan Application Form
2.Study Loan Checklist Form

Duly completed Study Loan Application and Study Loan Checklist Forms with all the required documents must be sent to the address stated below:

Study Loan Application
ECM Libra Foundation
2nd Floor, Bangunan ECM Libra
8 Jalan Damansara Endah
Damansara Heights
50490 Kuala Lumpur

Selection Interview
Shortlisted candidates are required to attend a selection interview at our office at a time and date to be determined by the Foundation. It is mandatory for your guarantor to attend the interview as well. You are required to bring along all your original certificates as proof. After the interview and if the Foundation, in its absolute discretion, decides to offer you the loan (subject to compliance with all its requirements), you and your guarantor are required to sign a Study Loan Agreement and Guarantee and Indemnity Agreement respectively (in the form and substance determined by the Foundation) with the Foundation.

Please click here to download a copy of the map to our office.

Note:
1.Incomplete / ineligible / improperly filled application forms and those without all the required documents will be rejected.
2.All shortlisted and unsuccessful applicants will be notified via email. 

Closing date: 30 December 2015