MNRB SCHOLARSHIP FUND, a fund established by MNRB HOLDINGS BERHAD (a Company listed on the Main Board of the Bursa Malaysia and a subsidiary of Permodalan Nasional Berhad (PNB)), invites scholarship applications from suitably qualified young Malaysians who have successfully completed their SPM/STPM and are planning to pursue a Matriculation/Foundation, Diploma, First Degree or Professional course on a full-time basis at any recognized institution of higher learning.

Fields of Study

  • Actuarial Science (Professional courses)
  • Risk Management (Matriculation/ foundation, diploma, bachelor degree programme)
  • Insurance (Matriculation/ foundation, diploma, bachelor degree programme)

Value Of Awards

  • Tuition fees based on actual for students pursuing studies at public universities or colleges and a maximum of RM8,000.00 per annum for students pursuing studies at private universities or colleges.
  • Allowance of RM8,000.00 per year for local Matriculation/Foundation or Diploma courses and RM10,000.00 per year for First Degree or Professional courses.
  • For professional course, subsistence allowance, any related allowance such as membership allowance, examination allowance will be paid.

A bonding period is attached to the scholarship, where the recipient may be required to serve the MNRB Group or any of the companies designated by the Trustees of the MNRB Scholarship Fund.

Selection Criteria

Insurance & Risk Management

  • Should be below 23 years of age
  • Should have obtained at least grade A2 in a minimum of 6 subjects inclusive of English, Mathematics and Science in the SPM examination results; OR
  • Should obtained at least 3As and pass the General Paper at the Sijil Tinggi Pelajaran Malaysia (STPM) examination; OR
  • Should have obtained a Cumulative Grade Point Average (CGPA) of at least 3.5 for Matriculation, Diploma or Degree

Actuarial Science – Professional Course

  • Should be below 26 years of age
  • Holds a bachelor degree in actuarial science or actuarial science management
  • Single

Additional Requirement

  • Must write a 1-page essay (in English and on a separate sheet of paper) describing reasons for applying for the scholarship, benefit from the course of study including education and career plans
  • Preference will be given to those active in co-curricular activities
  • Must not be a recipient of a scholarship/loan/financial assistance from any other organisation


The offer is subject to the applicants gaining entry into recognized local or overseas institutes of higher learning to pursue the approved courses

Candidates with TRIAL SPM/STPM RESULTS, who meet the above mentioned selection criteria are also encouraged to apply for the scholarship. Selected candidates will be given provisional offer of the scholarship to pursue the approved courses subject to the variance between the actual results and the trial results being within acceptable range.

How To Apply

  • Visit to download the Scholarship Application Form or e-mail at OR
  • Request for the form by sending in a 16 cm x 23cm self-addressed envelope affixed with a 50 sen stamp to the MNRB SCHOLARSHIP FUND at the below address; OR
  • Collect the forms at :

11th Floor, Bangunan Malaysian Re
No 17, Lorong Dungun
Damansara Heights
Tel: 03 – 2096 7050 (Puan Noridora)
Fax: 03 – 2096 7003

Closing Date

Completed application forms with copies of relevant certificates and documents must reach the above address
not later than 18 February 2011. Only shortlisted candidates will be called for interview. Ineligible candidates,
incomplete applications and applications received after the due date will not be entertained.