Only applicants who indicate their intention to apply for LUMS Financial Aid (through the Online Admissions Application), submit their admission application, and pay the required application processing fee by the deadline will be granted access to the Financial Aid application. The Financial Aid application tab will be visible on the Online Admissions portal starting February 07, 2025, once the above requirements are met. Applicants of Fall 2025 will have almost a month to submit their complete Financial Aid application along with supporting documents.

We encourage applicants to have all relevant documents readily available at the time of submitting the Financial Aid application. The timely and successful submission of a complete Financial Aid application, along with all required supporting documents, by the given deadline is essential for processing your financial assistance request. Applications for financial need assessment will not be considered after the submission deadline.

You cannot apply using a paper application, as only LUMS Online applications are accepted.

Upon completing all sections of the Financial Aid Online Application, a Document Checklist will be generated based on the information provided. Applicants must submit all required supporting documents through the LUMS Admissions Portal. Documents should be properly scanned and uploaded into the Online system for further processing. Once all information and documents are complete, applicants must submit the Financial Aid application by the due date.

Applicants who have indicated their intention to apply for LUMS Financial Aid (through their LUMS Online Admission Application), submitted the Financial Aid section, and provided all supporting documents by the due date will be considered for LUMS Financial Aid.

This means that applicants must select the option to apply for Financial Aid in their Online Admissions Application, submit their Admission Application, and pay the required Application Processing Fee by the deadline to gain access to the Online Financial Aid application tab. All of these steps must be completed by the due date in order to be considered for LUMS funding upon receiving an admission offer. Therefore, it is not possible to apply for financial assistance at a later stage.

Financial Aid application is available within the LUMS Admission application. Hence, you are not required to create a separate account.

Once submitted, changes cannot be made to the online application; therefore, you are advised to complete your application carefully.

Financial Aid decisions are announced four to six weeks after admission decisions.

 If you have any queries regarding the Financial Aid application, you may contact us at helpdeskofa@lums.edu.pk.

All queries are prioritized and answered within two working days.

Yes, it is mandatory.

The Document Checklist section will be available in the Financial Aid application. It lists all the required supporting documents necessary for us to assess your financial need. A Financial Aid application cannot be submitted without completing this section.

In the Statement of Purpose section of the financial aid application, you can include any information that requires further elaboration. This could include your financial circumstances or reasons for not being able to provide a certain document.

You may send your concerns to the provided email address: helpdeskofa@lums.edu.pk

Your portal will be updated as soon as your financial aid decision is finalized. You may check it regularly for updates.

Yes, students can appeal to have their financial aid decision reviewed. They are required to submit an appeal online once the financial aid decision has been finalized.

Financial Aid is awarded for One academic year and is subject to reassessment. To continue receiving financial aid in subsequent years, students must reapply each year by the deadlines specified by the Office of Financial Aid.

An Income Affidavit is a document that states the annual or monthly income received from a specific source and provides detailed information about that source. It should be on legal stamp paper, duly signed, and attested by an Oath Commissioner or Notary Public.

You can submit an account Dormancy letter from the relevant bank account.

A Wealth Statement is a declaration of one's assets and liabilities and can be obtained from the FBR. To apply for it, please visit the following link: https://www.fbr.gov.pk

Your loan repayment process will begin six(6) months after your graduation. You will be required to repay it in quarterly instalments over a period of five years.

LUMS Need-based Financial Aid is provided for the Tuition, Semester Registration Fees, and Lab charges. Students are required to pay all other charges which are not covered under the Financial Aid award.