UTAR was founded as a not-for-profit private university with a mission to provide affordable quality education to everyone. The University offers bond-free scholarships of up to 100% tuition fees waiver to help students to pursue their academic dream. Upon successful admission to UTAR, scholarship will be automatically be given to all Malaysian students with SPM 5A's and above in their SPM examination. UTAR has launched the study grant of RM1,000 exclusive for siblings of UTAR students and alumni, as well as children of UTAR alumni.
At the same time, students may apply the zero-interest student loans during admission application process. Fee instalments are given to all Malaysian students without a need to apply. Other external financing options are made available such as KOJADI Education Loan and more.