Study Loan

KOJADI

KOPERASI JAYADIRI MALAYSIA BERHAD (KOJADI) is established on March 12, 1981. The primary objective is to extend an effective educational loan facility to needy students to pursue higher education and secondly to nurture human resource into well-trained manpower for the Malaysian Community and the Nation.

The idea of formation of KOJADI was initiated in the 1970s when many students were unable to further their studies due to limited number of places in the various local universities. On top of this was the quota system practised by the universities. Competition for entry into the Malaysian universities was especially keen among students. This left no alternatives to the students but to turn to overseas universities. However, going overseas for studies was an expensive option which the less priviledged could ill afford. Without a study loan, capable students from poor family background would never be able to fulfill their aspirations and dreams.

Many of such students have seen their dreams of a university education come true with the financial assistance from KOJADI.

KOJADI has a membership of over 64,000 with total assets well over RM110 million. Since the launch of its first scheme, the Higher Education Loan Scheme in 1981, KOJADI has granted over RM180 million in study loans to more than 8,800 students for their studies locally and abroad.

To date, some 8,000 students have graduated from their respective educational pursuits and are gainfully employed in the various fields, thus contributing to nation building.

Skill Development Fund (TPK)

The Government has appointed several agencies to provide financial support in the form of loans, sponsorships and contributions, to employees from various industrial sectors. Most of the financial support offered is in the form of loans, sponsorships and contributions. These schemes make it easier for employees to get appropriate training despite having limited income.