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 Scholarships in Malaysia (personal experience), Education bonds are not scholarships.

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Legozz
post Jun 30 2020, 10:54 AM

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If it is overseas scholarship, then they would have invested upwards of RM1 million for you to study.

If they bonded you for 4 years, that would be equivalent of RM20000 per month that they are basically giving you.

Remember, scholarships are not just some CSR program. Companies are businesses and they need to earn their ROI. Of course, there are some elements of CSR, which is why they will never fully recover the ROI. You think they can earn back the RM1 million from you within 4 years?

Consider yourself lucky you have a job and a degree. Without them, you would just be an SPM-level employee. And very good non-bonded scholarships do exist (Kijang Emas, Biasiswa Nasional etc). They are the true 'scholarships' which are the reward for being top students, hence come with no bond because they are merely rewards.
Legozz
post Jun 30 2020, 11:20 AM

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I agree, if you decide not to remain with the scholarship bond then you can just pay everything back. Then you will be the same as other people who didn't get the scholarship, pay for everything themselves and can choose to work wherever they want.

At least having the scholarship gives you the option. Those without scholarship have no option.

 

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