ASEAN-Maybank Scholarship Programme

The ASEAN-Maybank Scholarship programme is a partnership between Maybank Foundation and the ASEAN Secretariat. It is one of the ASEAN-level initiatives undertaken by Maybank Foundation, a newly accredited ASEAN entity, with the aim to “promote an innovative ASEAN approach to higher education”, which is one of the strategic measures listed in the ASEAN Socio-Cultural Community Blueprint 2025.

The scholarship programme is designed to provide young, talented and deserving ASEAN nationals with full scholarships to pursue their undergraduate programme at a prestigious university outside their own countries, but within the ASEAN region, and in the process promote intra-ASEAN integration.

“We are proud to partner with ASEAN to deliver this ASEAN-Maybank Scholarship programme. This is our way of investing in the future generation through education. It also aligns with our mission to humanise financial services and support one of our four sustainability commitments of improving the lives of one million households across ASEAN by 2025.”
Tan Sri Dato’ Sri Zamzamzairani
Maybank Chairman

The first intake of scholars under the ASEAN-Maybank Scholarship programme will be in 2022, and through ASEAN Foundation and in cooperation with the ASEAN University Network, the focus will initially be on placing selected scholars in top public universities in Malaysia, Indonesia, Singapore, Thailand and the Philippines and gradually expanding it to the remaining ASEAN countries. The ASEAN University Network membership currently stands at 30 member universities in the 10 ASEAN Member States with its Secretariat based at Chulalongkorn University in Bangkok.

 

30 AUN Memebr Universities

 

The regional scholarship programme will help contribute to the aspirations of the ASEAN Socio-Cultural Community Blueprint 2025, the United Nations Sustainable Development Goals (Goal 4, 10, and 17) to ensure inclusive and equitable quality education, and simultaneously be in support of Maybank Group’s goal to “improve the lives of 1 million households across ASEAN by 2025” as one of its sustainability commitments.

 

04 Quality Education
10 Reduced Inequality
17 Partnership For The Goals

 

NO.

ITEM

AMS

MGSP

1.

Eligibility criteria:

a)    

A citizen of any of the 10 ASEAN member states.

b)     Possess excellent academic qualifications and is active in extracurricular activities.

c)     Field of study listed among the approved disciplines of the programme which is relevant and related to Maybank and ASEAN Secretariat.

d)     Receive admission letter/letter of offer from top-tiered university within the ASEAN.

e)     Must graduate pre-university study with min. CGPA of 3.00 or equivalent.

a)       Malaysian citizen

b)       Possess excellent academic qualifications and is active in extracurricular activities.

f)     Field of study listed among the approved disciplines of the programme which is relevant and related to Maybank.

c)       Local Scholarship:

- Scholarship to be provided to eligible students at the end of their 1st or 2nd  semester of 1st year study, in top local public universities

- Must achieve min. CGPA of 3.00 or equivalent

- To pay-off any PTPTN loans to students selected to be a Maybank scholar.

d)       Overseas Scholarship:

- Scholarship to be provided to students of not more than 21 years of age, and have obtained admission to pursue full-time degree in selected top-tier universities in the UK, US and Australia.

- Must graduate pre-university study with min. CGPA of 3.00 or equivalent

2.

Selection criteria: Parents/guardians (combined) total fixed monthly income

M40 or equivalent – subject to each country household income bracket

a)        For local studies:

Not more than RM94,000 per annum (average RM7,800 per month)

b)       For overseas studies:

Not more than RM180,00 per annum (average RM15,000 per month)

3.

Discipline of study

a)     Focus will be on business related disciplines (Accounting, Actuarial Science, Business Management, Data Science, Economics, Entrepreneurship, Finance, Information Technology, International Business, Mathematics, Political Science, Risk Management, Social Work, future ready related course, etc).

b)     Scholars must maintain a minimum CGPA of 3.00 or equivalent for every semester.

4.

Quota or allocation of scholars for FY2022

3 scholars from 10 ASEAN countries to study in selected top public universities in Malaysia, Indonesia, Singapore, Thailand and the Philippines.

a)    Local Scholarship:

-        60 scholars

b)    Overseas Scholarship:

-        3 scholars in the UK

-        3 scholars in the USA

-       3 scholars in the Australia

6.

Development Programmes & Internship

a)      Internship and holiday break assignment programmes at the ASEAN Secretariat, ASEAN Foundation, and Maybank offices regionally.

b)      Opportunity to participate as volunteers in Maybank Foundation’s existing flagship programmes regionally.

a)    Internship within Maybank Group.

b)    Opportunity to participate as volunteers in Maybank Foundation’s existing flagship programmes regionally.

7.

Scholarship Bond

3-years bond

·       Priority placement in Maybank, OR;

·       Placement in the ASEAN Secretariat, or ASEAN (subject to Maybank’s discretion)

a)    Local Scholarship:

-        3-years bond

b)    Overseas Scholarship:

-        5-years bond

·  Placement within Maybank Group

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To be eligible for the ASEAN-Maybank Scholarship, an applicant must:

To be eligible for the ASEAN-Maybank Scholarship, applicants must meet all the below requirements:

  • A citizen of any of the 10 ASEAN member states
  • Possess excellent academic qualifications and is active in extracurricular activities
  • Graduated with a pre-university study with minimum CGPA of 3.00 or equivalent
  • Field of study listed among the approved disciplines of the programme
  • Received admission letter or letter of offer from a university within the ASEAN University Network membership

WHAT DOES THE ASEAN-MAYBANK SCHOLARSHIP PROGRAMME OFFER?

Potential scholars will undergo a rigorous selection process. Maybank Foundation & ASEAN Foundation will jointly screen shortlisted candidates and make the final selection for approval.

THE SCHOLARSHIP PACKAGE INCLUDES:

  • Fully paid tuition fees.
  • Allowance for monthly stipend + accommodation.
  • Laptop.
  • Settling-in allowance.
  • Return economy class air passage.
  • Subsidised medical benefit (out-patient) and accident insurance coverage and other incidental expenses.

DEVELOPMENT PROGRAMMES & INTERNSHIP:

Recipients of the ASEAN-Maybank Scholarship will have the chance to experience thrilling internship opportunities. Scholars can have internship and holiday break assignment programmes at the ASEAN Secretariat, ASEAN Foundation, or Maybank offices regionally, as well as participate as volunteers in Maybank Foundation’s existing flagship programmes regionally.

PLACEMENT:

Upon graduation, scholars will serve a 3-year bond at either Maybank, the ASEAN Secretariat, or ASEAN Foundation.

SPONSORED PROGRAMMES INCLUDE:

  • Accounting
  • Actuarial Science
  • Business Management
  • Data Science, Economics
  • Entrepreneurship
  • Finance
  • Information Technology
  • International Business
  • Mathematics
  • Political Science
  • Risk Management
  • Social Work
  • Future Ready Related Course (For Example: Computer Programming, Web Development, Software Development, Mobile Application Development, UI / UX Design, Data Science, etc.)