LUMS Interest Free Loan
A degree from a tier-one university is one of the few investments with all-but-guaranteed return. Studying in LUMS not only opens doors in the professional world but also unleashes intellectual and financial potential.
At LUMS, we believe that financial circumstances should never stand in the way. To help, LUMS offers interest free loans to the students from less privileged back grounds who, without such assistance, would not be able to attend a university.
At MBA level, LUMS Interest Free loan covers partial to full tuition fee expense and are interest free. These awards are reassessed in each academic year based upon performance and demonstrated financial need. The repayment of these interest free loans starts six (6) months after graduation with time period of 3 to 5 years.
Remember – loan is an obligation and is required be repaid back in installments after graduation. Loan repayment not only contribute towards the recirculation of Financial Aid to deserving students but also inculcates social responsibility and ethical values within the students.