Another Scholarship Program is created by Maybank Foundation and the ASEAN Secretariat otherwise known as the ASEAN-Maybank Scholarship Program. This program is an intervention made by Maybank Foundation and ASEAN Secretariat to help young, talented, and deserving ASEAN Nationals.
Also Read: How to Apply CHED – Foreign Scholarship and Training Programs (FSTP)
If you want to know more about this program, we have prepared a full guide about ASEAN-Maybank Scholarship Program and step-by-step instructions, and a guide on how to apply.
What is the ASEAN Maybank Scholarship Program?
ASEAN Maybank Scholarship Program is a new educational assistance program of the Maybank Foundation and ASEAN Secretariat for the young, talented, and deserving ASEAN Nationals. This program aims to help eligible ASEAN Nationals to pursue their undergraduate program at a prestigious university outside their own countries, but within the ASEAN region, and in the process promote intra-ASEAN integration.
This program is a partnership between the Maybank Foundation and the ASEAN Secretariat to achieve one of its strategic measures listed in the ASEAN Socio-Cultural Community Blueprint 2025. The said scholarship program ventures to promote an innovative ASEAN approach to higher education. Additionally, the ASEAN Maybank Scholarship Program commenced in 2022 through ASEAN Foundation along with cooperation with the ASEAN University Network.
Aside from that, the said regional scholarship program will help the aspirations of the ASEAN Socio-Cultural Community Blueprint 2025 and goals 4, 10, and 17 of the United Nations Sustainable Development Goals to achieve its objectives of ensuring inclusive and equitable quality education. This program was also established to support the goal of Maybank Group to improve the lives of 1 million households across ASEAN by the year 2025 as one of its sustainability commitments.
Partner Universities
Here is a list of the partner schools or universities of the ASEAN-Maybank scholarship program.
- Brunei
- University of Brunei Darussalam (UBD) (Bandar Seri Begawan)
- Cambodia
- Royal University of Law and Economics (RULE) (Phnom Penh)
- Royal University of Phnom Penh (RUPP) (Phnom Penh)
- Indonesia
- Institut Teknologi Bandung (ITB) (Bandung)
- Universitas Airlangga (UNAIR) (Surabaya)
- Universitas Gadjah Mada (UGM) (Yogyakarta)
- Universitas Indonesia (UI) (Jakarta)
- Laos
- National University of Laos (NUOL) (Vientiane)
- Malaysia
- National University of Malaysia (UKM) (Bangi, Selangor)
- University of Malaya (UM) (Kuala Lumpur)
- Prince University of Malaysia (UPM) (Serdang, Selangor)
- Science University of Malaysia (USM) (Gelugor, Penang)
- Northern University of Malaysia (UUM) ( Sintok, Kedah)
- Myanmar
- University of Mandalay (MU) (Mandalay)
- Yangon University of Economics (YUECO) (Former Yangon Institute of Economics) (Yangon)
- Philippines
- Ateneo de Manila University (ADMU) (Quezon City)
- De La Salle University (DLSU) (Manila)
- University of the Philippines (UP) (Quezon City)
- Singapore
- Nanyang Technological University (NTU) (Singapore West)
- National University of Singapore (NUS) (Singapore Central)
- Singapore Management University (SMU) (Singapore Central)
- Thailand
- Burapha University (BUU) (Chonburi)
- Chiang Mai University (CMU) (Chiang Mai)
- Chulalongkorn University (CU) (Bangkok)
- Mahidol University (MU) (Bangkok, Nakhon Pathom)
- Prince of Songkla University (PSU) (Songkla)
- Vietnam
- Can Tho University (CTU) (Can Tho)
- Vietnam National University, Hanoi (VNU, Hanoi) (Hanoi)
- Vietnam National University, Ho Chi Minh City (VNU-HCM) (Ho Chi Minh City)
Sponsored Programs
Below is the list of degree programs covered by the said scholarship program.
- Accounting
- Actuarial Science
- Business Management
- Data Science, Economics
- Entrepreneurship
- Finance
- Information Technology
- International Business
- Mathematics
- Political Science
- Risk Management
- Social Work
- Future Ready Related Courses (such as Computer Programming, Web Development, Software Development, Mobile Application Development, UI / UX Design, Data Science, etc.)
Benefits
When you qualify for the ASEAN Maybank Scholarship Program, you are entitled to receive
- Fully paid tuition fees
- Allowance for monthly stipend and accommodation
- Laptop
- Settling-in allowance
- Return economy class air passage
- Subsidized medical benefits (out-patient) including accident insurance coverage and other incidental expenses
- Aside from that, they’ll also have the chance to experience internship opportunities and development programs. They can have an internship at the ASEAN Secretariat, ASEAN Foundation, or Maybank offices regionally as well as volunteer in Maybank Foundation’s existing flagship programs.
- They also get the chance to serve at Maybank, the ASEAN Secretariat, or ASEAN Foundation for 3 years upon graduation.
Qualifications
Here are the eligibility requirements you must meet when you intended to apply for the ASEAN Maybank Scholarship Program.
- A citizen of any of the 10 ASEAN member states.
- Possess excellent academic qualifications and is active in extracurricular activities.
- Graduated with a pre-university study with a minimum CGPA of 3.00 or equivalent.
- Their chosen field of study is listed among the approved disciplines of the program.
- Received admission letter or letter of offer from a university within the ASEAN University Network membership.
Requirements
To apply for the ASEAN Maybank Scholarship Program, go to the school or university you’re enrolled in or enrolling in and inquire about the documentary requirements you need to secure and provide that the Maybank Foundation may require you. However, there are some instances where the scholarship provider or grantor of a scholarship program only provides or gives the list of the documentary to the shortlisted applicants whose applications were successful. Oftentimes, the successful applicants will be notified through their emails or contact information they have provided in their application form.
How to Procecss ASEAN-Maybank Scholarship
Here is a step guide to help you out with your application for the ASEAN Maybank Scholarship Program.
Step 1: Accomplish the application form(s) with your complete information.
Step 2: Secure all the documents and verify all the information that you have given only if they require you to submit them.
Step 3: Lastly, submit your application to the assigned office or through their online portal when the application period starts.
Important Reminders
Here are some of the important reminders and guidelines when you apply for the ASEAN Maybank Scholarship Program.
- Take note that this program is intended for young, talented, and deserving students belonging to ASEAN countries to pursue their undergraduate education at any degree program that is covered by the said scholarship program. They shall also enroll in one of the partner universities of Maybank in the country.
- Aside from that, scholars also have the opportunity to serve at Maybank, ASEAN Secretariat, or ASEAN Foundation for 3 years.
- For further inquiries, you may contact Maybank at mf.inquiry@maybank.com.
Video: How to Apply for the ASEAN Maybank Scholarship Program
Check out the video through the link provided above to get a better idea about the ASEAN Maybank Scholarship Program. This video is about the process you have to go through when you will apply for the ASEAN Maybank Scholarship Program. Hence, if you are a young, talented, and deserving ASEAN Nationals and wish to avail yourself of ASEAN Maybank Scholarship Program, you might find this video helpful.
Frequently Asked Questions
1. What is the ASEAN Maybank Scholarship Program?
ASEAN Maybank Scholarship Program is a new educational assistance program of the Maybank Foundation and ASEAN Secretariat for the young, talented, and deserving ASEAN Nationals. This program aims to help eligible ASEAN Nationals to pursue their undergraduate program at a prestigious university outside their own countries, but within the ASEAN region, and in the process promote intra-ASEAN integration.
2. How to apply for the ASEAN Maybank Scholarship Program?
To apply for the ASEAN-Maybank scholarship program, you must be able to meet first the eligibility requirements set by the said scholarship program. This includes being a citizen of any of the 10 ASEAN member states and possessing excellent academic qualifications and being active in extracurricular activities and others.
3. What will happen next if I qualified for the ASEAN Maybank Scholarship Program?
Potential Scholars will undergo a rigorous selection process. Maybank Foundation and ASEAN Foundation will jointly screen shortlisted candidates and make the final selection for approval.
4. Is there a grade requirement when applying for the said scholarship program?
Before you apply to the said scholarship program, be sure that you have met the required or intended grade requirement of at least a CGPA of 3.00 or its equivalent. If you fail to meet the requirement, you cannot proceed with your application for the ASEAN-Maybank scholarship program.
5. Can I apply to any university in the Philippines?
If you wish to apply to the said scholarship program, you must bear in mind that you can only enroll in the partner universities of the ASEAN-Maybank scholarship program. If you enroll at any university not on the list of their partner university in the country, it only means that you cannot qualify for the said scholarship program. Hence, you may only choose one among the three universities namely, 1) Ateneo de Manila University (ADMU), 2) De La Salle University (DLSU), and 3) University of the Philippines (UP).
6. Is the scholarship program to any degree program or course?
The ASEAN-Maybank scholarship program only covers the following degree programs namely, Accounting, Actuarial Science, Business Management, Data Science, Economics, Entrepreneurship, Finance, Information Technology, International Business, Mathematics, Political Science, Risk Management, Social Work, and other Future Ready Related Course such as Computer Programming, Web Development, Software Development, Mobile Application Development, UI / UX Design, Data Science, and others.
Thus, if you wish to apply for the said scholarship program, your chosen field of study must be related to any of the above-mentioned degree programs. This is one of the limitations of the ASEAN-Maybank scholarship program hence; you must adhere to the said restriction to qualify.
7. Is it open to all college-level students?
The said scholarship program is open to all students who wish to apply as long as they have met all the eligibility requirements to qualify for the said scholarship program such as the minimum grade requirement. However, they must be aware that they must be enrolled or shall enroll at any of the partner universities of Maybank in the Philippines.
8. Is there any examination I need to pass before I became eligible for the said scholarship program?
There was no specific examination mentioned but since this scholarship program is newly created, there might be one in the future. Hence, keep up with the latest about their scholarship program through their website or on any of their social accounts and pages.
9. Can I still apply for the said program even if I’m already a beneficiary of another scholarship program?
The application for the said scholarship program is open for all Filipino students who wish to study at any of the three partner universities of Maybank. However, before you apply for the said scholarship program, make sure that applying for this scholarship program will not deter or affect your current scholarship. Hence, you need to review first the terms and conditions of the scholarship program that you’re currently benefitting from if you’re not confident enough if the application for another scholarship is allowed or prohibited.
10. Is the application for the ASEAN Maybank Scholarship Program still open for applications for Academic Year 2022-2023?
Unfortunately, the applications for the said scholarship program have already ended last April 2022. But, you may still apply for the next academic year when they opened the applications for the ASEAN Maybank Scholarship Program.
Summary
Hence, this is a process of applying for the ASEAN Maybank Scholarship Program which is for young, talented, and deserving ASEAN Nationals who want to pursue their undergraduate program at a prestigious university outside their own countries, but within ASEAN region, and in the process, promote intra-ASEAN integration.
To sum it up, when applying for the ASEAN Maybank Scholarship Program, just bear in mind that you have to meet all the eligibility requirements set by the said scholarship program to become eligible for the grant. You must also secure and attached all the documents along with your application form when they require you and ensure that you have filled out all the required fields and verify whether all information you have provided is accurate. Additionally, this is to avoid delays in the processing of your documents and application.
If you have further questions about your application, you can check it through this link- https://www.maybankfoundation.com/index.php/what-we-do/our-pillars/education/item/asean-maybank-scholaship-programme.