When the Foundation officially commenced its operations in 2004,a total of RM 3 million was allocated for the first batch of 240 students for higher education in local and overseas institutions of higher learning. Due to good response, the foundation approved interest-free study loans for 301 students in 2005 totaling RM3.82 million. Each successful applicant was given a loan of RM4,000 per year. They are to repay the loan after 4 months of their graduation for the term of 5 years.

Being an apolitical establishment, the criteria guideline for the loan application of the fund are students from the poor families with good results regardless of race to undertake further studies abroad such as Taiwan, Ukraine, Russia, China, Australia, Singapore, USA, Canada, Indonesia and New Zealand etc.