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Kuok Foundation Scholarship   Kuok Foundation Scholarship
     
     
Fund Type : Scholarship
     
Amount : Not Specified
     
Details/Requirements :

The Kuok Foundation was set up by the Kuok family in 1970 to alleviate poverty and to reduce the economic disparities between the rich and poor communities in Malaysia. The Kuok family firmly believed in its social responsibility to share its wealth and good fortune with the less fortunate.

The main focus of the Foundation’s activities since its inception in 1970 was and still is on the advancement of education and the alleviation of poverty through education.

Study Loans, Grants and Scholarships
Study loans, grants, half-loan half-grants were given to needy and deserving Malaysian students pursuing undergraduate courses at local public universities and selected private universities/colleges while study grants were awarded for Diploma and Certificate level courses at Malaysian polytechnics and nursing colleges. Some awards were also given to Malaysian citizens studying in Singapore Public Universities and Polytechnics. A few scholarships were also given at postgraduate level for specific field of study.

From 1970 to 2010, total disbursement on study loans, grants and scholarships amounted to over RM171 million.

Currently, more than 500 fresh study awards are budgeted each year for tertiary education at Institutions of Higher Learning in Malaysia and Singapore while students renewing their study awards to continue their education number more than 860 a year. This means that the Foundation is supporting over 1,400 students yearly. Annual disbursements on study loans and grants amount to nearly RM14 million.

For the less academically inclined, 160 study grants for vocational training are provided to enable youths and school leavers to pick up marketable skills such as wood-working, welding, printing, motor mechanics, typing and secretarial skills, baking, computer literacy, kindergarten teaching, sewing, hairdressing and so on.

As at end of 2010, about 8,000 awardees have completed their studies.

Full Scholarships for Postgraduate Research
From 1979 to 1989, Prestigious Postgraduate Scholarships tenable at renowned universities in the United Kingdom, namely Oxford University and Cambridge University were awarded to graduates with First Class Honours degrees. These scholarships were based on similar formats as the Queen’s Scholarships and Rhodes Scholarships.

Under the prestigious postgraduate scholarship scheme, 6 engineers returned from UK with Doctorates in engineering, 5 lawyers obtained Master degrees in Law and 1 graduate in English obtained M.Phil in English Literature.

In addition to the above, the Foundation also funded a Medical Post-doctoral Fellowship in Immunology at the Stanford University, USA from 1983 to 1985 as well as a Fellowship in Ophthalmology at the Royal College of Surgeons & Physicians, UK from 1983 to 1984.

Scholarship in Memory of Tun Hussein Onn
To commemorate the late Tun Hussein Onn, third Prime Minister of Malaysia, a series of 4 Biennial Law Lectures were organized from 1991 to 1997 with the objective of educating the public on matters relating to Law. In 1999 these lecture series were replaced by the “Tun Hussein Onn Memorial Scholarship” for Masters of Law tenable at the University of Malaya.

Revolving Loan Funds
Apart from supporting students directly as mentioned above, the Foundation had also established 2 Revolving Loan Funds at Kolej Tunku Abdul Rahman and one Revolving Loan Fund at the Universiti Sains Malaysia, Penang.

TARC-KF Loan Funds
The Kuok Foundation Loan Fund I at Tunku Abdul Rahman College (TARC-KF Loan Fund I) was set up in 1980 offering loans of RM700/- to RM800/- per student per year. The TARC-KF Loan Fund II was set up in 1984 which offered larger loans of RM2,500/- per student per annum.

Over the years, as costs increased, the quantum of the loans was revised accordingly. Up to end of 2008, Loans offered under TARC-KF Loan Fund I were valued at RM2,500/- p.a. while loans offered under Loan Fund II were valued  at RM3,500/- p.a. However, from 2009 onwards, TARC Loan Fund I and Loan Fund II were merged into one fund for ease of administration and the quantum of awards was increased to RM5,000 p.a. per award to better serve the needs of the students.

As at 31 December 2010, a total of 912 loans had been given out under TARC-KF Loan Funds.   Loans repayment collection by TARC administrators has been excellent at well over 90% p.a.

USM-KF Loan Fund
The USM-KF Student Loans Fund was established in 1975 and initially 5 loans were offered each year at RM1,500/- per loan. This increased to 20 loans at RM2,500/- per loan in 1982.  From 1982 onwards, 4 grants at RM2,500/- each were also offered. As at end of 1997, 565 loans and 122 grants had been given out.

From 1998 onwards the USM-KF Loan Fund became a revolving loan fund without further topping up from the Kuok Foundation.  The 8 Grants at RM4,000/- per annum each were discontinued and USM students were instead invited to apply directly to Kuok Foundation where they were considered for loans / grants / half-loan half-grants at the prevailing rates.

Advancement of Education

I. To improve educational facilities, the Foundation donated generously towards the building and development funds of schools and institutions of higher learning. It is particularly supportive of rural schools.
   
II.
To promote scientific research and teaching, 2 Professorial Chairs were established, the MSM Chair in Food Technology in 1973 and the FFM Chair in Biochemical Engineering in 1976. The Chairs were named after the Kuok Group companies, Malayan Sugar Manufacturing Company (MSM) and Federal Flour Mills Berhad (FFM) which donated RM600,000/- and RM1million respectively as endowment funds to set up the Chairs. Due to changing needs, the Professorial Chairs were converted to Research Grants in the year 2006.
 
 
 
In 2010, a grant of RM260,000/- was approved to fund a research on "Anti-Chikungunya Virus Susceptibility Testing Using Local Natural Resources" at UTAR.
 

 
III.
To promote medical research, the Foundation sponsors a yearly research Award named the Tun Abdul Razak Research Award organized by the Academy of Medicine of Malaysia to Malaysian doctors for medical research.

Conditions For Application
Kuok Foundation Study Awards are offered to needy Malaysian citizens only. Preference will be given to applicants who have good academic qualifications and are active in school.

Categories of Awards
Awards are offered for courses undertaken at postgraduate, undergraduate and Diploma / Certificate level of education.

There are 2 categories of Postgraduate awards, namely the Tun Hussein Onn Memorial Scholarship and Postgraduate Scholarships for research in Science, Engineering and Technology courses.

The Tun Hussein Onn Memorial Scholarship is offered to commemorate the late Tun Hussein Onn, 3rd Prime Minister of Malaysia. This is a full scholarship offered for LLM course and is tenable at the University of Malaya. However, where a suitable candidate cannot be found for the LLM course in any one year, a science student may be selected instead at the absolute discretion of the Foundation to do postgraduate research in Science, Engineering or Technology.

One scholarship for Ph.D. and two scholarships for M.Sc. are offered each year for postgraduate research in Engineering, Science and Technology in order to help ease the critical shortage of scientists and researchers in Malaysia. Successful candidates are required to sign a bond to work in Malaysia for the public or private sector for a minimum period of 3 years for M.Sc. and 5 years for Ph.D.

Awards for undergraduate studies are divided into 3 categories, namely study awards for first degree courses at local public Universities; selected local private Universities and Colleges and National University of Singapore and Nanyang Technological University in Singapore. Graduates who already have a first degree are not eligible to apply for these awards to do a second degree.

Diploma and Certificate level study awards are offered to Malaysian students in Malaysian Public Polytechnics, Singapore Public Polytechnics and Tunku Abdul Rahman College. Study grants are also awarded for MLVK vocational training at non-profit vocational training institutions such as Montfort Boys Town.

Organisation : Kuok Foundation Berhad
     
Further Details & Contact : KUOK FOUNDATION BERHAD
14th Floor, Wisma Jerneh, 38, Jalan Sultan Ismail, 50250 Kuala Lumpur.
Tel : +603-2142 5319
Fax : +603-2145 6609
Email : general@kuokfoundation.com
Website : www.kuokfoundation.com
     
     
     
         
 

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