IUKL Cares Relief Fund

1. What is this fund about?

Education is essential but times are hard. Due to the Covid-19 outbreak, we understand the financial constrain that are faced by many, hence, IUKL has set up a fund to lessen the financial burden of students and parents.

We offer savings up to 50% off* the tuition fees OR RM6,000 rebate* for your preferred programmes.

2. Who is eligible?

This fund is applicable to NEW Malaysians pre-university (foundation), undergraduate and postgraduate (diploma to PhD) students joining Sept/Oct 2020 intake.

3. How much will I get?

Foundation students will enjoy 50% off their tuition fees while undergraduate and postgraduate students are entitled for RM6,000 rebate which will be redeemable periodically.

4. Is there any deadline for the fund?

There is no deadline. However, it is only for Sept/Oct intake and seats are limited. So, better hurry!

5-How do I redeem the IUKL Cares Relief Fund?

50% off tuition fees redemption for foundation students

  • Students will automatically get 50% off their tuition fees, which ranges between RM6,000 to RM7,000 in total depending on the foundation programme chosen.
  • Students will be given a set of 3 vouchers, each worth of RM1,000.
  • The rebate is redeemable every semester (RM1,000 per semester), for the upcoming 3 semesters starting Sept/Oct intake 2020.
  • Students will need to present the vouchers to the Bursary Office for activation at the beginning of every semester.
  • On top of that, students get to redeem the remaining balance of the discount when they continue their bachelor degree at IUKL. The balance will be deducted from their bachelor degree’s 1st semester tuition fee.
  • Students who do not continue their bachelor degree at IUKL, will not be given the balance of the 50% discount.

The remaining balance of the discounts are as follows:

Foundation in Science : RM4,035
Foundation in Arts : RM3,045

RM6,000 rebate redemption for diploma & degree students

  • Students will be given a set of 6 vouchers, each worth of RM1,000.
  • The rebate is redeemable every semester for the upcoming 6 semester starting Sept/Oct intake 2020.
  • Students will need to present the vouchers to the Bursary Office for activation at the beginning of every semester.

6. What is the selection criteria?

The fund will be given to all foundation, undergraduate and postgraduate students who meet the minimum entry requirement. However, seats are limited.

7. How do I apply?

This is an auto-application, hence there is no need to apply. Those who meet the minimum entry requirement will be entitled for this fund.

8. Am I entitled for other promotions or discounts from IUKL besides this fund?

No. Once you accept this fund, you will not be eligible to apply for other promotions or discounts offered by IUKL.

9. Do explain how this fund can ease the burden of those in the B40 & M40 category?

Here is a simple calculation on how it can ease B40 & M40 financial burden.

Programme (Bachelor) Mechanical Engineering Architecture
Tuition Fee (A) RM58,050 RM69,540
Other Fee (B) RM2,810 RM2,810
Cash Rebate (C) RM6,000 RM6,000
PTPTN Loan (D) RM54,400 RM40,800
Net
(A) + (B) - (C) - (D)
RM460 RM25,550
Programme Duration (month) 48 36
Total Commitment RM460/48
(RM9.58)
RM25,550/36
(RM709.72)
Monthly Commitment RM10* RM710*

10. What else should I take note of?

  • This offer is valid for all new Malaysians foundation, undergraduate and postgraduate (diploma till PhD) students joining Sept/Oct intake 2020.
  • *T&C apply
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