Background
The
Social Security Organization provides social security protection by
social insurance including medical and cash benefits, provision of
artificial aids and rehabilitation to employees to reduce the
sufferings and to provide financial guarantees and protection to
the family.
SOCSO is the abbreviation for Social
Security Organization. It is commonly known in the Malay term as
PERKESO or Pertubuhan Keselamatan Sosial.
One of the benefits, which SOCSO provides for Malaysians is the
education benefit, which comes in the form of a loan disbursed out
to dependent children who are recipients of a monthly benefit for
Dependent's Benefit, Survivor's Pension, children of an
employee who are recipients of a monthly benefit of Permanent
Disablement and Invalidity Pension
Although this benefit is in the form of a loan, it can, however,
be converted into a scholarship if the child obtains excellent
result.
Eligibility
Criteria
Those who are eligible for the loans
include the following:-
Dependent children of an employee receiving Invalidity Pension
or periodic permanent disablement who are below 21 years of age and
unmarried at the time of the application.
Dependent children of an insured person who has died as a result of
an employment injury or while receiving invalidity pension or
before reaching age 55 and who fulfills the contribution qualifying
conditions. They should be below 21 years of age and unmarried.
Dependent Children who are above 21 years of age, receiving a
monthly benefit and already studying in an institution of higher
learning and unmarried at the time of application.
Dependent Children who have been offered places and have registered
in any university or college or Local Institution of Higher
Learning including institution that has a twinning programme on
condition the degree is completed locally. They must also be
registered with the Ministry of Education, to acquire a degree,
diploma or a certificate which is awarded by the National
Vocational Training Council, Ministry of Human Resources.
Dependent Children who have not been given any other scholarship or
loan by any other authority.
Dependent Children whose families' finances are insufficient to
support the cost of the education
Amount Of Award &
Duration
The amount of the loan depends on the
course undertaken, and includes the cost of living and other
expenditure as determined for loans by SOCSO. The actual amount of
the loan includes the following:
* Course fees
* expenses which will be determined from time to
time are:
» Subsistence
» Flight cost
» Books
» Instruments
» Expenditure for
preparation of a thesis
The application for the SOCSO Education Fund can be made completing
the "PERMOHONAN PINJAMAN PENDIDIKAN PERKESO" form which is
available at the SOCSO Local Office.
The Social Security Organisation (SOCSO)
SOCSO Tower
Lot 281, Jalan Ampang
50538 Kuala Lumpur
Tel: No:03-42535320
Call Centre:03-42575755
E-mail:perkeso@gov.my
No specific datelines mentioned
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