AMMA Foundation (061151-D) No. 40-B, Lorong Rahim Kajai 14, Taman Tun Dr Ismail, 60000 Kuala Lumpur.

Tel: +603-7725 8001/02 Fax: +603-7725 2070 www.ammafoundation.com.my

Study Loan Application Guide

About AMMA Foundation The AMMA Foundation was established as a Company by guarantee and not having share capital in 1980. Its principal objective is to assist needy Malaysians to pursue their studies at approved challenged. The Foundation believes that that one of the most tangible ways to uplift the general economic status of the community would be to upgrade the educational level of our young people at universities and colleges. Procedures A Committee of the Board will consider applications received and where appropriate, interviews the selected candidates prior to awarding the loan. Currently, each candidate is given a loan not exceeding RM4,500 per semester for a maximum of six (6) semesters (payments) for degree courses and a loan not exceeding RM3,500 per semester for a maximum of six (6) semesters (payments) for diploma courses. This is subject to satisfactory performance of the candidate and availability of funds. The topping up of loan on a six (6) monthly basis is not automatic and is at the sole discretion of the Loans Disbursement Committee, the AMMA Foundation Board which meets once in every two (2) months, and on the candidates results to date. A written request should be submitted together with the candidates latest results. The candidate must maintain a CGPA of at least 2.75 and above in each semester exam. The candidate is required to undertake to repay the loan at a minimum monthly instalment of RM200 not later than six months from the date of graduation. 1. Eligibility Malaysian citizen Full-time Diploma/Degree courses Local universities and colleges only 2. Conditions To retain the loans, candidates must ensure they pass all examinations and maintain a CGPA of at least 2.75 and above each year 3. Loan Amount The loan amount varies according to the courses Degree courses: RM4,500 per semester per year (maximum: RM27,000) Diploma courses: RM3,500 per semester per year (maximum: RM21,000)

4. Guarantor Two (2) guarantors are needed. Each guarantor must have an income of more than RM2,000 per month Immediate family members do not qualify and cannot stand as guarantors Documents such as Income Tax (EA Form)/two (2) months payslip/letter from employer or any other documents to support income declaration are required Be less than 50 years of age. Those above 50 must give substantial proof of net worth, and may be accepted at the sole discretion of the Board 5.Repayment Candidates shall commence repayments upon gaining full employment or six (6) months after graduation, whichever is the earlier. Degree course: Max loan RM27,000 month Diploma course: Max loan RM21,000 month 6.How to Apply must be furnished with a copy of the latest examination results 7.Interview It is mandatory for the candidate to attend the interview 8.Deadline months