- MS Programme
- MBA Programme
- SDSB- MS Programmes
- EMBA Programme
- MPhil Program
IS EVERYONE ELIGIBLE TO APPLY FOR FINANCIAL ASSISTANCE?
Yes, every applicant who is applying for admission may apply for financial assistance.
DOES APPLYING FOR FINANCIAL AID HAVE ANY BEARING ON ADMISSION?
No, the request for financial assistance has no adverse effect on the admission decision.
CAN A STUDENT APPLY FOR THE FINANCIAL AID DURING THE SEMESTER/ YEAR?
Only those students' whose financial situation changes drastically due to unforeseen circumstances e.g. retirement, death, layoffs from job etc., can apply for financial assistance during the semester/year. The need based award can change if student need changes substantially.
HOW MANY TYPES OF FINANCIAL ASSISTANCE ARE OFFERED IN THE MPHIL PROGRAMME?
There are two types of financial assistance offered by LUMS in the MPhil programme:
- Merit Scholarships
- Need Based Tuition Fee Waivers
WHAT IS THE CRITERION OF AWARDING FINANCIAL ASSISTANCE?
The Financial Aid Committee assesses the financial need of candidates and determines whether or not the candidate’s family has adequate resources to support the fee at LUMS. The need is determined on the basis of the financial credentials submitted by the student.
WHAT IS MEANT BY PHYSICAL VERIFICATION?
The Office of Financial Aid carries the discretion to physically verify the facts provided through credentials by the student applying for financial aid at any point of time during the study tenure at LUMS. It may include a visit to the student’s house/ business premises or inquiry from the surrounding neighbors.
CAN A STUDENT APPEAL FOR REVIEW OF THE FINANCIAL ASSISTANCE DECISION?
There is an appeal process in place in which the LUMS administration accepts requests from students who have additional information to declare, which may have been missed during the initial assessment.
ARE STUDENTS REQUIREd TO APPLY IN THEIR SUBSEQUENT YEAR IN ORDER TO CONTINUE THE AWARDED ASSISSTANCE?
Yes, the assessment is done on yearly basis. Hence, students are required to apply for reassessment in subsequent year in order to continue the awarded assistance.