Document Checklist - Financial Aid

Document Checklist - Financial Aid

Document Checklist for Financial Aid Application

Prospective Students (New Applicants)

Applicants who will be shortlisted for the admission and have given their prior consent to apply for the LUMS Financial Aid (though their LUMS Online Admission Application) will be required to fill out and submit the complete Online Financial Aid section along with all required supporting documents within the stipulated deadline.

After the completion and submission of the Financial Aid section of the Online application, a document checklist will be generated according to the provided information. All documents must be properly scanned and uploaded in the Admission system for the Committee’s review. Applications at a later stage will not be considered, in case an applicant has not given prior consent for Financial Aid at the time of applying for Admission.

A generic list of documents is given below:

  • Income certificates of all earning members of the family – This includes salary slips of last three months for salaried persons, complete pension book for retired, financial statements/ income affidavit for self-employed, business and for any other income

  • Retirement Order/ Final Settlement Letter in case any one of the parents or guardian is retired

  • Latest Income Tax Returns of all earning members & business 

  • Latest Wealth Statement 

  • Business Partnership Deed, (if any)

  • Business Closure Document, (if any)

  • Bank Statements (for the last 12 months) of all bank accounts in the names of all the family members and in the name of the business(duly stamped by the concerned bank)

  • Latest Utility Bills – Electricity, Gas, and Telephone

  • Rental Lease Agreement (if the residence or any other property is being leased for residence or business purposes or if the excess property is leased to any other person/ party for income purposes)

  • Copies of Saving Certificates/ Bonds/ Shares/ CDC Statement 

  • Loan Affidavit/Loan Document(s) of outstanding loan as a liability (loan sanctioning document & payment plan) and loan receivable from any relative, financial institution, agency, or organization

  • Medical Bills/ expenditure related documents (if any of the family members is suffering from any fatal/ serious disease). Please also provide a brief history of the medical ailment.

  • Credit Card Statements for last 6 months (if applicable)

  • Property Ownership Documents (house, plots, agricultural land, flat, shops, etc.). Allotment letter in case the property has been provided by the employer

  • Sale Deed of any asset sold during the last 5 years

  • Legal Documents (Court orders/FIR), in case any asset is under litigation or disputed

  • Vehicle(s) Registration Documents of the vehicles being used by the family. Allotment letter in case the vehicle has been provided by the employer

  • Mortgage/ Lease Document(s) (in case of a house, car, or any other property has been taken/ given on lease)

  • Latest Fee Receipts & Fee Concession (Scholarship/Loan) document(s) of sibling(s)/ dependent(s)

  • Latest Fee Receipt & Fee Concession (Scholarship/Loan) document from the last institution the applicant attended

  • Domicile Certificate of the applicant only

  • Copies of CNIC/ B – Form of Applicant and Parents/ Guardian

  • Complete Photocopy of Passport of Applicant and Parents/ Guardian (All 36 pages)

  • Divorce/Separation Papers of parents, if applicable

  • Death Certificate, in case any of the parents has passed away

  • Visa Sponsorship Letter, in case of any sponsored international trip

  • Picture(s) of current residence (Outside & Inside View) 

  • Any other document(s) demonstrating financial need

Note: Any information will not be considered valid without documentary evidence. However, in case any of the document is not available due to any reason, you may contact helpdeskofa@lums.edu.pk

 

Need Assessment Process

Feb 2nd 2021
UG Online Application Deadline
Tue, February 2nd, 2021 05:00 PM ( PKT )
Mar 9th 2021
Online Application Deadline
MPhil Education Leadership and Management
Tue, March 9th, 2021 05:00 PM ( PKT )
Mar 16th 2021
Online Application Deadline
Tue, March 16th, 2021 05:00 PM ( PKT )
Mar 25th 2021
Online Application Deadline
MBA
Thu, March 25th, 2021 05:00 PM ( PKT )

Document Checklist

Feb 2nd 2021
UG Online Application Deadline
Tue, February 2nd, 2021 05:00 PM ( PKT )
Mar 9th 2021
Online Application Deadline
MPhil Education Leadership and Management
Tue, March 9th, 2021 05:00 PM ( PKT )
Mar 16th 2021
Online Application Deadline
Tue, March 16th, 2021 05:00 PM ( PKT )
Mar 25th 2021
Online Application Deadline
MBA
Thu, March 25th, 2021 05:00 PM ( PKT )