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Penang Future Foundation Awards RM44.5 Million In Scholarships over The Last Decade

Penang Future Foundation Awards RM44.5 Million In Scholarships over The Last Decade

Barnama23-05-2025

GEORGE TOWN, May 23 (Bernama) -- The Penang Future Foundation (PFF), a flagship initiative by the Penang Government, has awarded approximately 805 scholarships worth a total of RM44.5 million since its establishment in 2015.
Penang Chief Minister Chow Kon Yeow said the foundation, established to nurture local talent and support Malaysia's next generation of leaders, is funded through a blend of public and private sector contributions.
He noted that last year alone, 54 students from diverse backgrounds were awarded scholarships in high-demand fields such as science, technology, engineering and mathematics (STEM), accountancy, and finance.
'As chairman of the PFF, I am immensely proud that this talent scholarship initiative by the state government has marked its 10th year in existence and continuously strives to make a difference.
'In spearheading the state's growth for the next 50 years and to remain as a focal location for investments, attracting and retaining talents have become even more critical in ensuring a steady pipeline of talents to meet the growing demands by industry players,' he said in a statement today.
Therefore, Chow said PFF welcomes prospective applicants from all over Malaysia to apply for either the PFF Penang Scholar or the PFF Mutiara Scholar scholarship awards.
He noted that interested candidates are advised to check the eligibility requirements, as both categories have different criteria based on, among other factors, the candidate's financial background and scholastic record.
'The PFF Penang Scholar caters for those with a CGPA of 3.67 and above, while the PFF Mutiara Scholar is available for applicants whose CGPA is between 3.00 to 3.66,' he said.
The application window for the PFF Scholarship 2025 will be open from July 21 to Aug 15, and interested students are encouraged to keep a lookout for periodic announcements through PFF's website at www.penangfuturefoundation.my.

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