Need-Based Financial Aid
Financing a student's education is a commitment involving the student, their family and our institution. We at LUMS gear all our efforts towards assisting as many students as possible within our limited resources. Financial assistance is offered to students with demonstrated need. These awards at the Undergraduate level are available in the form of Waivers and LUMS Interest-Free Loans.
Undergraduate need-based assistance covers partial to full tuition fee expenses of the programme. These awards are assessed in each academic year based upon performance and demonstrated financial need. Financial Aid fee waiver is not required to be repaid whilst LUMS Interest-Free Loan will have to be paid back after six (6) months of graduation within a maximum period of five (5) years.
Remember a loan is an obligation and is required to be paid back in instalments after graduation. Repayment of loan not only contributes towards the recirculation of Financial Aid to deserving students but also inculcates social responsibility and ethical values within the students.