GC University Lahore is the only public university in Pakistan to have set an example by establishing an Endowment Fund Trust and providing a successful mechanism to help needy and deserving students complete their academic programs without any financial constraints.
Year of Establishment
2007
Geographical Areas of Operations
Azad Jammu And Kashmir, Gilgit-Baltistan, Islamabad Capital Territory, Khyber Pakhtunkhwa, Baluchistan, Punjab, Sindh
About – Brief Overview
Every year, the Trust distributes millions of rupees among hundreds of deserving university students. While selecting the students for financial aid, preference is also given to orphans, the disabled, minorities, and students from broken families to enable them to get an education without any financial or psychological pressure.
The Trust has introduced perpetual Golden and Silver scholarships in the donor’s name, which will continue forever.
The Golden scholarship can be initiated with a one-time donation of PKR 1 million and will cover annual university fees and hostel expenses (approximately Rs. 115,000 for one deserving student each year).
The Silver scholarship is initiated with Rs. 500,000/-, which sponsors only the annual university fee (approximately Rs. 50,000 for one deserving student each year)
Apart from these, scholarship lump-sum financial aid is also provided, keeping the student’s needs in mind.
Every year, the Trust distributes millions of rupees among hundreds of deserving university students. While selecting the students for financial aid, preference is also given to orphans, the disabled, minorities, and students from broken families to enable them to get an education without any financial or psychological pressure.
Core Programs and Services
(1) Due to the open merit policy of GC University, every year, a large number of students from marginalized families from across the country are admitted, but they are unable to pay their academic expenses. So the Trust intends to give financial aid to all such students to complete their academic program with peace of mind and excel in their lives.
(2) To fund the developmental projects of GC University Lahore and sponsor the facilities for quality education.
(3) To sponsor deserving faculty members to study abroad for higher education.
Beneficiaries
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What Makes Our Approach Distinct
It is worth mentioning that the Trust does not spend from the original donations; however, only the earned profit on its investments is used to provide financial aid to deserving students.