Financial Assistance

Discover FutureTech Academy’s range of financial aid options designed to make your education journey easier!

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Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN)

Eligible Programs: School of Engineering
Important Information
  • Students will only receive funding from Semester 2 onwards
  • The closing dates for each cycle of PTPTN loan application are 30 April and 31 October
  • The total loan approved is based on PTPTN’s discretion
  • Students must obtain a minimum of 2.0 every semester to receive PTPTN loan for the following semester
  • The maximum amount of loan that a student can apply for is as below:
Terms & Conditions
  • Applicant must fulfill the following requirements to qualify for the loan application
  • Must be a Malaysian citizen
  • Must not exceed 45 years of age on the date of application
  • Must not have any other financial sponsorships, scholarships or loans
  • Must fulfill the entry requirements of the FutureTech Academy Diploma in Engineering program
  • Must have more than 1 year of study left at the time of loan application submission
  • Must have a Skim Simpanan Pendidikan Nasional (SSPN) account
  • Must have CIMB Savings Account under the applicant’s name
  • Must obtain PTPTN pin number from Bank Simpanan Nasional (BSN)
  • Loan application and disbursement procedure
  • The loan application guidelines are provided by FutureTech Academy to receive PTPTN loan for the following semester
  • Students will be briefed on how to apply online at PTPTN website and how to submit the relevant supporting documents to FutureTech Academy
  • The loan is disbursed directly into the applicant’s CIMB Savings Account (Individual)
Terms & Conditions
  • Repayment/Financing of the education loan will begin 6 months after students obtain the last payment from PTPTN

PTPK (Skills Development Fund Corporation)

Eligible Program: Applied Engineering (AE)
  • Loan rate between RM2,500 to RM24,000 depending on program/training phase
  • Allowance (RM400, RM600, RM800) + transport (one-off RM500 payment) are covered
  • Exclusively for Malaysia Skills Certificate (SKM), Diploma of Malaysia Skills (DKM), Higher Diploma of Malaysia Skills (DLKM) trainees

Merit Scholarship

  • Available for applicants with 6As and above in 2024 SPM
  • Provides first semester course fee waiver worth RM4,000
  • Exclusively for Diploma in Engineering and Diploma in Information Technology program students

Industry Scholarship

  • FutureTech Academy receives financial support from our Member Companies to assist students in their education

Special Rebates

  • First semester rebate of RM1,000 for Diploma in Engineering and Diploma in Information Technology program