LUMS Financial Aid
Admission to all programmes is purely on merit and independent of students’ ability to pay the related tuition fees. Once a student has been admitted to a programme, there are several mechanisms in place to provide financial support based on need and merit. All awards are reassessed each academic year based on performance, need, available resources and prevailing University policies. LUMS is committed to providing as much financial assistance as possible within the limits of its available resources. Nevertheless, the University may not be able to meet all requests for financial assistance, and it is strongly recommended that applicants secure as much of their own funding as possible.
Several Merit and Need-Based Scholarships are available for students who meet specific criteria.
- Need Based Tuition Fee Waiver
- Merit Scholarship
- GMAT Registration Fee Refund
- SOE Flat Subsidy
Need Based Tuition Fee Waiver
Financing of a student's education is a commitment involving the student, his or her family and our institution. Even if you are unable to pay LUMS Fee, we will make sure your finances are not a barrier to getting a world-class education.
The Office of Financial Aid is working year-round to assist students and their families in making a world-class University education affordable. Need based fee waivers are available for deserving students based on assessed financial need and within the available resources. Fee waiver is unlike loan and is not required to be repaid. The University has tried its level best to raise funds to ensure that no deserving candidate is turned away from the programme due to insufficient funds. Since inception, external donors have played an immense role in achieving this milestone.
School Of Education Financial Aid Policy
"School of Education aims to admit students with a diverse set of personal, professional and educational experiences to its inaugural class, irrespective of their financial circumstances. Admission to the program will be on the basis of merit alone. Through a generous grant from Babar Ali Foundation, comprehensive need-based financial aid scholarships will be offered to all admitted students. In addition, a significant number of merit-based scholarships will be available to support the academic aspirations of top applicants."
Merit Scholarships are a form of gift aid and do not need to be repaid. LUMS provides Merit Scholarship Awards to students who have proven their ability to succeed academically. There is no separate application for the scholarship. Students are automatically considered for the award when they apply for admission to LUMS. Merit scholarship awards are awarded to the top students of the admitted batch in school, based on LUMS Admission evaluation ranking.
Significant number of merit-based scholarships will be available to support the academic aspirations of top applicants to the School of Education.
Note: In case a student qualifies for both financial aid award and any other scholarship, he/she will receive the higher aid benefit. These awards are for one (1) year only and cannot be carried forward to subsequent years.
GMAT Registration Fee Refund
Applicants who are admitted to, and join, the the MPhil Education Leadership and Management Programme will get a refund of one GRE/GMAT registration fee.
SOE Flat Subsidy
All students inducted in MPhil-ELM Programme will be given partial tuition fee subsidy.
- Financial Aid Award is valid for One (1) year only. Continuation of aid in the subsequent year is subject to reassessment.
- 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 will not be provided for the Summer Semester.
Financial Aid Award 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.
LUMS reserves the right to amend, cancel, or terminate the awarded Financial Aid in case of any misrepresentation or incorrect information provided by the student. Such misrepresentation or concealment of facts may lead to the termination of your admission from the Programme. University also reserves the right to recover the awarded amount during the preceding year(s) from the recipient on an immediate basis.