Financial Support at LUMS
LUMS is committed to making high-quality education accessible to talented students from all backgrounds. Our Financial Aid Programme offers a wide range of support options, designed to facilitate students who demonstrate both high academic achievement and financial need.
Financial Aid awards are assessed each year, considering academic performance, demonstrated financial need, available resources, and university policies. While LUMS endeavours to provide substantial financial assistance within its available resources, students are encouraged to explore external funding sources to complement the aid provided by the university.
LUMS strives to enable students to pursue their educational and professional goals without financial barriers, reinforcing our commitment to an inclusive and academically vibrant community.
The following financial support options are available for MS Economics Programme students:
- LUMS Financial Aid
- Merit Scholarship
- Women's Scholarship
LUMS Financial Aid
LUMS Financial Aid Programme not only supports students with financial challenges but also attracts top-ranked students, ensuring that the university upholds its commitment to academic excellence by providing opportunities for the brightest minds.
LUMS aims to reduce financial barriers to higher education, nurturing an inclusive and academically vibrant community where academically distinguished students can realize their full potential and achieve their professional aspirations. At the Graduate level, Financial Aid is provided in the form of an Interest-Free Loan.
To be considered for LUMS Financial Aid, applicants must submit their financial aid application along with all required supporting documents by the application submission deadlines. Applications that do not meet these requirements will not be eligible for financial aid assessment for the 2025-26 academic year.
This support can cover part or all of a student’s Tuition and Semester Registration fees and is assessed annually, considering academic performance, financial need, available resources, and prevailing university policies to ensure ongoing assistance that aligns with each student’s circumstances.
Repayment begins six months after graduation, with a flexible repayment period of 3 to 5 years, allowing students to transition smoothly into their careers. While LUMS is committed to offering substantial financial assistance, students are encouraged to explore additional external funding sources to supplement the aid provided by the University.
Merit Scholarship
At LUMS, academic excellence is highly valued, and the university is committed to supporting students who demonstrate outstanding performance in their studies. The Merit Scholarship at LUMS is designed to reward students who have demonstrated high academic achievement by providing them with financial support.
There is no separate application process for this scholarship. Applicants with high academic credentials are considered for scholarships.
Merit Scholarship covers partial to full tuition fees for One (1) year only and is awarded to the top-ranked applicants based on admission evaluation ranking.
Women's Scholarship
LUMS is committed to making education accessible to talented students from diverse backgrounds. The Women’s Scholarship supports this mission by offering a pathway for high-achieving women to pursue advanced degree programmes, helping to bridge gender gaps in business education and leadership. Beyond financial assistance, recipients join a network of mentors and peers, fostering collaboration, professional growth, and a shared vision for future leaders.
The aim of the Women's Scholarship is to foster, celebrate and advance women’s leadership in business. By tapping highly talented young women, we hope to contribute towards building the future of not only their families but also their communities. This scholarship will support female candidates to pursue higher education on merit and will increase the number of women joining the MS Economics Programme. 50% tuition fee waiver will be awarded to women admitted on high merit.
This Scholarship will groom female managers and leaders of business; dramatically changing the managerial landscape of Pakistan. As these women assume leadership roles in organisations across the country, there will be a change in the culture of these organisations.
Maintaining Eligibility
- Financial Aid award is valid for One (1) year only. Continuation of aid in the subsequent year is subject to reassessment.
- Maintaining satisfactory performance at LUMS.
- Students receiving Financial Aid should maintain a full-time status in a regular semester. Failure to do so will lead to the cancellation of the Financial Aid award.
- Financial Aid awards can be increased, reduced or kept the same at any stage of review during your stay at LUMS.
- LUMS reserves the right to physically verify the beneficiary's Home/Business premises at any given point in time.
- University reserves the right to amend, cancel or terminate the awarded Financial Aid in case of any misrepresentation or incorrect information provisioning. Misrepresentation may also lead to termination from the Programme.