Lahore university of management sciences scholarships

Lahore University of Management Sciences Scholarships: Guide

Students at all levels can take advantage of the scholarships offered by the Lahore University of Management Sciences. The scholarships permit these students to further their academic programs despite their diverse backgrounds and financial challenges.

Most financial aid packages Lahore University of Management Sciences offers these students are valid for their time at the institution. Scholarship awardees must, however, continue to perform academically above par throughout the award period.

Overview of Lahore University of Management Sciences 

Lahore University of Management Sciences is a non-profit private institution of higher learning established in 1985. It is in the heart of the sprawling metropolis of Lahore, Punjab. Lahore University of Management Sciences (LUMS) is a coeducational higher education school in Pakistan that has received official recognition from the Higher Education Commission of Pakistan.

Despite being a minor university in Pakistan, it provides courses and programs leading to doctoral, master’s, and bachelor’s degrees, in addition to other degrees equivalent to higher education degrees. The 37-year-old higher education facility has a selective admissions process based on applicants’ performance on entrance exams and prior academic standing and grades. The application process is open to applicants from abroad.

Who sponsors Lahore University of Management Sciences Scholarships? 

Lahore University of Management Sciences

Overview of Pakistan

Pakistan is a South Asian nation with a coastline that stretches into the Arabian Sea and the Gulf of Oman. It borders Iran, Afghanistan, China, and India.  The president of Pakistan is the head of state. The prime minister is the head of government. In addition, Pakistan practices a federal parliamentary system of government. It has a mixed economic system that combines government intervention and free market activity. 

With over 242 million people, Pakistan is the fifth-most populated nation in the world. It is also home to the second-largest Muslim population.

Opportunities for Study and Scholarships at Lahore University of Management Sciences 

Below are the different funding opportunities available at the Lahore University of Management Sciences.

1. Shahid Hussain Foundation Scholarship

The Shahid Hussain Foundation established in 2016, provides funding to organizations serving Lahore’s impoverished residents with healthcare or educational services. International students can attend LUMS and contribute to the LUMS through the scholarship. 

Applicants must submit a LUMS Online Admission application and fill out the form to qualify for this scholarship. By the deadline, supporting pertinent documentation must also be supplied.

For its overseas students, LUMS offers the Shahid Hussain Foundation Scholarship.

2. Need-based Tuition Fee Waivers and Loans

LUMS helps students with legitimate financial needs. Tuition fee waivers and LUMS Interest-Free loans are available for these awards at the undergraduate level.

Undergraduate need-based financial aid covers all or part of the program’s tuition costs. The level of financial help provided over the past year varies between 20% and 100%. Each academic year, these grants are reviewed based on the student’s performance and established financial need.

3. National Outreach Program

To provide exceptional students from all over Pakistan with access to top-notch education and establish LUMS as a national institution of higher learning, it began its National Outreach Program (NOP) in 2001. The scholarship program aims to recruit intelligent candidates with outstanding Matriculation and FA/FSc results into the undergraduate programs at LUMS. Scholars who meet the requirements for the NOP receive complete financial support.

Students who need financial aid and have at least 80% in their Matric or equivalent in 0 levels are eligible.

4. Merit Scholarships

For outstanding achievers and to reward good academic performance, LUMS offers its students significant merit scholarships. LUMS Merit Scholarships are in recognition of a student’s exceptional academic achievement.

First-year merit scholarships and subsequent years merit scholarships are the two categories of merit scholarships that are available.

5. Asian Development Bank – Japan Scholarship Program (ADB-JSP)

The only college in Pakistan to provide the Asian Development Bank-Japan Scholarship Program is LUMS (ADB-JSP). Through this scholarship initiative, LUMS, in partnership with ADB-JSP, offers emerging members of ADB in Asia and the Pacific the chance to take advantage of the University’s esteemed MBA program.

About 140 postgraduate scholarships for studies in economics, management, science and technology, and other development-related subjects are offered each year through the ADB-Japan Scholarship Program (JSP).

Scholarship Benefits

  • Partial costs of attendance
  • Full tuition cost 
  • Partial upkeep stipend

With the ADB-JSP,

  • Full tuition fees
  • Monthly stipend for living costs, books, supplies, and housing
  • Health insurance, 
  • Travel costs

Applicable Courses

The courses that the scholarships are appropriate for include;

  • Accounting 
  • Finance
  • Management Science
  • English
  • History
  • Anthropology and Sociology
  • Economics
  • Mathematics
  • Political Science
  • Politics and Economics
  • Biology
  • Comparative Literary and Cultural Studies
  • Chemical Engineering
  • Chemistry
  • Computer Science
  • Electrical Engineering
  • Physics

Eligibility Criteria

  • Attain the required academic minimums for admission
  • Be a citizen of Pakistan, another country abroad, or one of the SAARC member countries.
  • Have an outstanding academic performance
  • Must provide evidence of a financial need

Asian Development Bank- Japan Scholarship Program (ADB-JSP)

  • At the time of application, have at least two years of full-time professional experience
  • At the time of application, not older than 35.
  • Be willing to leave the nation after finishing their education under the program.
  • Scholarships are not available to applicants who reside or hold employment outside of their country of residence.
  • Candidates already enrolled in graduate degree programs are not supported by the ADB-JSP.

General Requirements 

  • Study visa for (international students)
  • Evidence of prior academic success (diplomas, certificates, etc.); 
  • Results of entrance exams and interviews
  • Application form 
  • Personal documentation.
  • Motivational letter 
  • Statement of purpose

Fees & Funding

How can I make a financial aid application at LUMS?

Those candidates shortlisted for admission and who have previously consented to apply for LUMS Financial Aid through their LUMS Online Admission Application) should fully complete and submit the Online Financial Aid section along with all necessary supporting documents by the deadline.

The board prepares a document checklist based on the data supplied when the Financial Aid section of the online application has been completed and submitted. For the Committee’s review, all documents must be accurately scanned and uploaded into the admissions system.

How can I set up an account to apply for financial aid?

You do not need to create a separate account for the financial aid application because it is accessible within the admission application.

Do I need to submit all of the supporting paperwork for financial aid in physical copy after uploading them online?

No. You do not need to submit all of the documents that you have already uploaded in soft copy to the financial assistance application’s document checklist in hard copy.

Application Procedure

  • Candidates should confirm their eligibility and ask for details on the course schedule and scholarships.
  • After, they should sign into the application portal and complete the required application.
  • The institution receives documentation from the applicant.
  • The institution assesses and makes admission and application decisions.
Contact Information 

 DHA, Lahore Cantt. 54792, Lahore, Pakistan

Call: +92 42 111 11

Email: [email protected]