EXTERNAL FUNDING SOURCES COMSATS Lahore has engaged

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EXTERNAL FUNDING SOURCES
COMSATS Lahore has engaged a lot of funding agencies so that a maximum number of students
may get a support for their education. Some of these funding opportunities have been listed down
as under:
1. SPECIAL SCHOLARSHIPS (PWWB QUOTA)
COMSATS Lahore campus is built on the piece of land provided by the Punjab Labour
Department. In appreciation of this gesture, COMSATS has reserved 30% quota in all the
single degree programs for worker and/or their children.
AMOUNT
The Labour department is responsible for payment of all the expenses of the PWWB
Quota students. It makes payments on behalf of the students against the tuition fee, hostel
fee, and transportation cost.
ELIGIBILITY CRITERIA
This scholarship is provided to the workers’ children/ workers as per the verified list of
PWWB Committee. The worker needs to fulfill the following criteria:
a) A person is qualified as a labor department worker if he fulfills the definition of
worker as is defined in the industrial Relation Act, 2010.
b) The worker should have a valid social security card.
c) The worker should have a minimum work experience of 1 year in a factory
registered under the Factories’ Act 1934 or Mines Act 1923.
d) An organization will be deemed as a factory if it fulfills the definition of a factory
as is defined in the Workers’ Welfare Fund Ordinance 1971 or Companies’ Profit
Workers Participation Act 1968.
e) Children of deceased/ disable workers are also eligible to apply for this
scholarship provided that the worker/ miner was deceased/ disabled during
service, registered under the EOBI/ Social Security, his widow/ legal heir got
Death Grant from Punjab Workers’ Welfare Board, or receives pension from the
EOBI/ Social Security.
f) The worker/ miner or his child seeking admission should not have been involved
in any illegal activity or criminal proceedings.
PROCEDURE TO APPLY
The candidates apply for this scholarship at the time of admission in all the Single Degree
Programs. The candidates need to submit the following set of documents along with their
admission application form at the time of admission:
a) Worker/ miner’s CNIC.
b) Worker/ miner’s Social Security Card/ Old Age Benefit Card.
c) Worker/ miner’s Factory Card/ Employee Card mentioning his/ her designation.
d) Worker/ miner’s Appointment Letter.
e) The Factory Registration Certificate under the Factories’ Act 1934 or Mines Act
1923.
f) CNIC/ Family Registration Certificate issued by NADRA of the prospective
student.
g) Worker/ miner’s Service Certificate and a certificate on his/ her good moral
conduct.
h) The candidate needs to sign an affidavit on a Rs. 20. Stamp Paper stating that if
he/ she discontinues his/ her education, he/she will pay all the educational
expenditures back to the Labour Department.
i) In case deceased/ disabled worker/ miner, proof of receiving Death Grant/
Disability Pension needs to be submitted.
AWARD OF SCHOLARSHIP
After the closure of admission dates, the Scrutiny Committee from the labour department
verifies the PWWB application forms and selects the forms as per their own rules and
regulations. The list of selected candidates is uploaded on the CIIT’s official website. The
selected candidates are required to submit a security deposit of Rs. 5000 only. (nonrefundable)
SCHOLARSHIP CONTINUATION
This scholarship is provided for a maximum of 8 semesters or the maximum duration of
the student’s respective degree program. In case if a student repeats a course or semester,
he/she has to deposit the dues as per CIIT rules and regulations.
CONTACT PERSON
Mr. Muhammad Shahzad
mshahzad@ciitlahore.edu.pk
2. HEC NEED BASED SCHOLARSHIPS
This year HEC has announced Need Based Scholarship Scheme for the first time. This
scholarship is intended for the studious but financially constrained students. COMSATS
had the privilege of being in the 6 universities of Pakistan selected for this scholarship
scheme. The full details including eligibility criteria and application procedure can be
viewed from the link:
http://www.hec.gov.pk/InsideHEC/Divisions/HRD/Scholarships/NBS/HFNBS/Pages/Eli
gibiltyCrieteria.aspx
Scholarship Details
This scholarship includes:
 Full Fee waiver
 Free accommodation
 Free Meal
 Free Books
 Free Transport
 Monthly Stipend of Rs.
6000/-
CONTACT PERSON
Mr. Nisar Ahmad
nahmad@ciitlahore.edu.pk
3. PUNJAB EDUCATIONAL ENDOWMENT FUND (PEEF)
Students of COMSATS are also eligible to apply for the Punjab Education Endowment
fund Scholarship.The main aim of this scholarship program is the creation of a pool of
talented Pakistani youth; contributing towards economic and social development, to
realize the dream of a moderate, progressive, and prosperous nation.
AMOUNT
The amount of this scholarship is equally distributed among the selected students, as
received from the awarding body.
ELIGIBILITY CRITERIA
To be eligible for this scholarship the student must have:




Passed HSSC/Equivalent in first annual 2011
Secured at least 60% marks in the above mentioned examination
Last Degree must be passed from any government institution
Secured admission in a regular educational institution as a full time student in the current
academic year
 Monthly income of parents/guardian (from all sources) of Rs. 15,000/- or less
 Must have domicile of the Punjab province.
 Not availing any other educational scholarship during the respective academic year
PROCEDURE TO APPLY
The scholarship forms will be available at SSC window # 8 when the scholarship is open.
Student will fill in the form and submit it along with all the documents as mentioned in
the scholarship form.
AWARD OF SCHOLARSHIP
The final selection of the students will be done by the awarding body i.e., PEEF after
thorough scrutiny of the submitted forms.
SCHOLARSHIP CONTINUATION
The student will have to apply for the scholarship separately in each semester. The
scholarship will be awarded on need and merit basis.
For more details regarding this program visit the PEEF website link:
http://www.peef.org.pk/AboutUs.asp
CONTACT PERSON
Mr. Nisar Ahmad
nahmad@ciitlahore.edu.pk
4. BALUCHISTAN/ FATA STUDENTS
COMSATS students from Baluchistan and FATA can also apply for this scholarship via
HEC. The complete details of this scholarship program can be viewed from the link:
http://www.hec.gov.pk/InsideHEC/Divisions/HRD/Scholarships/LocalScholarships/Provi
sionofHigherEducationOpportunitiesforStudentsofBalochistanandFATA/Pages/Introducti
on%20about%20Project.aspx
5. QARZ E HASNA
COMSATS has also signed an MOU with Ihsan Trust on 10.12.2012, according to which
the students will be able to avail interest free loan facility.
AMOUNT
IT will provide this facility up to the tune of Rs. 1 million per batch per year, benefitting
the maximum number of students possible. The number of students can vary but the total
amounts being offered as the Qarz- Hasna will not exceed Rs. 1 million per batch per
year.
IT will provide Qarz-e-Hasna to any number of students of the COMSATS Lahore who
could be accommodated in the total limit per year of Qarze-e-Hasna to COMSATS
Lahore on purely “Merit-cum-Need” basis in the following manner:



Ihsan Trust will provide 40% of the Tuition and other fee as Qarz-e-Hasna
COMSATS Lahore will give up to 40% Qarz e Hasna of the Tuition and other fee.
The selected student will contribute the remaining 20 % of the Tuition and other fee.
If the student is unable to pay the 20% of his dues, then IT can increase its component of
Qarz-e-Hasna to 50 %. However, the student will have to pay the remaining 10%.In the
event COMSATS Lahore is unable to provide the stipulated up to 40% component due to
lack of scholarship funding, IT’s 40% - 50% (depending upon clause 4.1.5) contribution
will continue to be available to fund students if they are able to pay the remaining cost
component.
ELIGIBILITY CRITERIA
To be eligible for this loan facility, the student must first have to get admission at
COMSATS Lahore as per the merit requirements and must be financially constrained.
The award of this loan will be on merit-cum-need basis.
PROCEDURE TO APPLY
The students who get admission in COMSATS Lahore and are interested to avail this
facility will apply on the prescribed forms. COMSATS will conduct selection processes
to select meritorious, yet financially deserving students for providing this Qarz-e Hasna
facility. IT will then be provided with the list of students who qualify COMSATS Lahore
admission criteria and are eligible for admission. COMSATS will then provide IT the
Financial Assistance forms and selection criteria of students for this Qarz-e-Hasna
facility and also give its recommendation for the students to be given this facility.
AWARD OF SCHOLARSHIP
IT will further scrutinize all the student loan applications recommended by CIIT and the
final selection will be made by IT. For providing this Qarz-e-Hasna facility to the
students of COMSATS Lahore, special and specific agreement will be made with each
selected student by IT. The agreement shall be between the student and IT and
COMSATS Lahore will not be a party to the agreement. The initial selection will be
carried out by the COMSATS Lahore and IT will conduct the final interview and
appraisal before entering into agreement with the student for providing this Qarz-e-Hasna
facility. IT will study the current COMSATS Lahore policies and procedures of financial
assistance programs to provide input for the Shariah compliant transactions with respect
to this Qarz-e-Hasna facility. All payments will be made in Pak Rupees, not later than 15
days following submissions of the fee invoices provided by COMSATS Lahore.
Payments will be made through transfer of funds into the CIIT Lahore’s account to be
maintained at any branch of Meezan Bank Ltd (MBL). Every payment to COMSATS
Lahore will be made after prior approval of the Shariah Advisor and Founder Trustee of
IT. It will be the sole discretion of IT (on the discretion of its Board of Trustees or
Managing Director) to accept or reject any or all of the finally selected/recommended
students by COMSATS Lahore. If any recommended student does not meet its
requirement, the name of the student next in the priority list will be recommended by
COMSATS Lahore. The decision of the Board of Trustees and Managing Director of IT
will be final.
REPAYMENT
Procedure to be provided later by the concerned official
CONTACT PERSON
Mr. Nisar Ahmad
nahmad@ciitlahore.edu.pk
6. Federal Employees Benevolent Funds Scholarships
For
details
and
application
form,
kindly
visit
the
following
web
link.
http://www.febgif.gov.pk/
7. Fouji Foundation Scholarships
For details and application form, kindly visit the following web link. www.fouji.org.pk
8. Punjab Employees Benevolent Fund Scholarships
For
details
and
application
kindly
visit
the
following
web
link.
http://www.bf.punjab.gov.pk/#
9. Pakistan Engineering Council Scholarships
For details and application form, kindly visit the following web link. www.pec.org.pk
10. OTHERS
Any other scholarship or funding available will be updated and communicated to the
students accordingly.
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