FINANCIAL AID
Employees Provident Fund Account 2 Withdrawal Scheme
This is a financial aid option that allows individuals to withdraw funds from their Employees Provident Fund (EPF) account to finance their education.
The EPF is a retirement savings scheme, but it also allows for withdrawal for educational purposes.
To be eligible for this financial aid, an individual must have an active EPF account and have sufficient funds available.
Additionally, they must be enrolled in a course or program that is recognized by the EPF.
The withdrawal amount is subject to the individual's account balance and the terms and conditions of the EPF.
Affin Bank Education Loan
This is a loan offered by Affin Bank that is designed to help finance an individual's education.
This loan can be used to cover tuition fees and other education-related costs.
To be eligible for this loan, an individual must be enrolled in a recognized educational institution, and they must meet the bank's credit requirements.
The loan amount and interest rate will vary depending on the individual's creditworthiness and other factors.
The repayment terms are also flexible, with options for repayment over a period of up to 15 years.