Yes. The MTCP Scholarship provides substantial financial support and is considered a fully funded Master’s scholarship by the Government of Malaysia.

Here are the known benefits and amounts currently listed for the 2026 cycle:

The official MTCP guidelines specifically state:

• tuition is paid directly to the university,
• recipients receive RM3,500 monthly,
• and a one-off return economy airfare is included.

Several scholarship summaries for the 2026 intake also mention:

• medical/health support,
• academic/thesis-related support,
• and living assistance.

To give perspective on the stipend:

• RM3,500 is roughly USD 740–820 per month depending on exchange rates.
• In Malaysia, that is generally considered enough for modest student living expenses outside luxury lifestyles.

Important things the scholarship may NOT fully cover:

• visa processing fees,
• some medical examination costs,
• personal expenses,
• family/dependant costs,
• extra university fees outside approved tuition,
• and travel before reimbursement/processing.

The official guidelines note that visa application costs are the student’s responsibility.

Official portal:
MTCP Scholarship Portal