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Financial Aid

 

Home >> Free Student loans >> Financial Aid

Financial Aid

LUMS offers financial assistance to students with genuine monetary need. This assistance is also contingent upon the student's overall merit. Financial aid is available on the basis of need and merit in the form of scholarships and loans.

During the academic year 2008-2009, Rs 72.34 million were granted as financial aid to deserving students. Currently, around 40% of the students are getting financial assistance in the following forms:

LUMS Scholarships

These scholarships cover partial expenses of the programme. The range of the amount of scholarships over the last year has been between 25% and 100%.

Merit Scholarships

These scholarships cover full tuition fee and are awarded to the top three students in the LUMS admission evaluation ranking. Students continue to receive these scholarships in subsequent years, subject to maintaining a required level of performance.

National Outreach Programme

As a socially responsible institution, LUMS aims to extend the benefits of its quality education to all segments of society. National Outreach Programme, initiated in 2001 identifies talent from underprivileged parts of the country. Then a pool of shortlisted students from these talented ones is provided free training & mentoring for the LUMS Admission test. Finally, those gaining admission are awarded full scholarships to cover the entire cost of the Undergraduate Programme at LUMS. This year 20% of the incoming Undergraduate Class comprises of students inducted through the National Outreach Programme.

Suleman Dawood Scholarships

These are full as well as partial scholarships awarded to deserving Pakistani students on the basis of need and merit.

Please mention the name of the Programme (for which you have applied) & your online application tracking ID on the envelope. The deadline to submit all the required supporting documents is January 18, 2010. Applications without/with incomplete documents will not be processed.

How to Apply for Financial Aid

Financial Aid Form is available with the Admission Form. Applicants who need financial assistance have to complete the Financial Aid Form and submit it along with the application form for admission. The admissions office will not accept the financial aid form from the applicants separately after the expiry of the admission deadline.

The following documents are to be submitted along with the financial aid application form:

  • Salary Slip / Pension Slip of all earning members of the family
  • Utility Bills (May through August) of Electricity, Gas, Telephone, Water
  • Income Tax Returns of all the earning members of the family
  • Bank Statement (for the Last One Year) of all the account holders
  • Wealth Statement
  • Domicile Certificate of the Applicant only
  • Rental Lease Agreement (if Applicable)
  • Copies of Saving Certificates/ Bonds/ Shares/ Investment Certificates
  • Loan Document(s) (Credit Card Bills, Account Statements etc)
  • Fee Concession (Scholarship/Loan) Document(s) of self and sibling(s)
  • Fee Document from the last institution the applicant attended
  • Copies of Medical Bills/ Expenditure related document(s) (if applicable)
  • Statement of Purpose
  • Any other document demonstrating financial needs
  • Copy of Passport of Applicant
  • Copies of Property Ownership Documents (Agriculture Land, Plots, Files etc.)

Please send all the supporting documents to the following address:

Admissions Office
Undergraduate Programmes SDSB/SHSSL
Lahore University of Management Sciences
Opposite Sector U, DHA
Lahore Cantt.
Tel: (042) 111-11-5867 , Ext: 2177
Fax: (042) 589 - 8317

Note: The decision regarding financial need is taken on the basis of the information provided at the time of applying. The candidate is responsible for providing complete and accurate information to ensure a financial aid decision in line with the actual financial situation of the candidate. In case of provision of wrong information the Admissions Office reserves the right to take action which may even result in termination of admission.

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