Financial Assistance & Scholarship Schemes
General
1. The Benazir Bhutto Shaheed University Lyari offers financial assistance to deserving students in the form of various Financial Assistances mechanisms. Benazir Bhutto Shaheed University Lyari has a dedicated Financial Assistance Office and Financial Assistance Committee who administer all students financial need related affairs. A Financial Assistance committee scrutinizes applications of students seeking financial aid and sanctions assistance for those who demonstrate need. Benazir Bhutto Shaheed University Lyari Financial Assistance strategy and procedure to award Financial Assistance to needy students is given hereunder:
Objective
2. The Institute is committed in:
* Providing quality education to all the students admitted to the Benazir Bhutto Shaheed University Lyari
* Ensuring that all students seeking financial assistance are facilitated on the basis of their need level.
Eligibility
3. Financial assistance shall be offered to eligible applicants who have been assessed as needy. This is in the form of a "Financial Assistance Package" which is designed based on the recognition that an education in the Institute is a partnership involving the student, his/her family and the Institute. The packages include 'Merit Scholarships' as well which become part of entitlement for those students who obtain merit position during their aptitude test and duration of their program.
How to apply for Financial Assistance
* Those students who need financial assistance will have to apply for it.
* All those needy students who are 80% attendance and 2.5 CGPA they can apply.
* Students may apply for financial assistance on the prescribed form posted on the website and send their applications to the 'BBSUL Financial Assistance Office' during the stipulated application period.
Financial Assistance Packages
4. The Financial Assistance Packages include the following:
a. Stipend
b. Need based Financial Assistance / Scholarships
* All students/applicants seeking financial assistance shall be facilitated on the basis of assessed need level.
* The Committee scrutinizes the application along with supporting documents submitted by the students seeking financial assistance and scores their need level against laid down criteria; compares it to the need level of other applicants to assess the level of assistance that can be made available on the basis of available funds.
c. Merit Scholarships
Financial Assistance Committee
5. The Financial Assistance Committee is composed of the following individuals:
Dean of BBSUL, Chairman Financial Assistance Committee
Concerned faculty members Members of the Committee
Director Finance Member of the Committee
Terms of Reference Financial Assistance Committee
6. The Terms of Reference of the Financial Assistance Committee are as under:
* Assess eligibility and need level of students for Financial Assistance.
* Review and evaluate the Financial Assistance applications with comprehensive statistical analysis of the concerned student's academic background and family details.
* Match financial condition and requirements of the student in the light of the accomplishment of his / her academic goals.
* Annually review the financial status of Financial Assistance recipients viz-a-viz the available funds.
* Provide an environment that allows students to concentrate on their studies without any financial concern and enable them to maintain a better CGPA.
* Provide guidance to the financial assistance office.
Details of procedure followed in the Financial Assistance Office
7. Requests for Financial Assistance are annually invited in the months of January & July. Desirous candidates apply to the Financial Assistance Office who, after initial scrutiny; invites the concerned students to submit their applications on the prescribed form. These forms are reviewed by the members of the Financial Assistance Committee.
the Financial Assistance Committee proceeds as under:
* Scrutiny of the forms along with their supporting documents.
* Preparation of comparison charts for respective applicants to identify relationship between the total annual income of applicants' family, total expenditures and nature of such expenditures and give due consideration to disposable income of the family.
* Allocation of points to individual candidates on the basis of the eligibility criteria determined after taking into account the following factors:
* Expenses on education of other siblings.
* Evaluation of applicant assets and financial resources.
* Living status of the father i.e. alive or deceased.
* Parental support
* Accommodation (ownership, location, size, type)
* Conveyance
* Financial standing other than income
* Academic standing and potential of the student