KARACHI: Scholarships for 1,100 new candidates were approved during a meeting of the board of trustees for the Sindh Endowment Fund, chaired by Sindh education minister Jam Mehtab Hussain Dahar on Thursday at Tugluq House.
The minister said that, since 2002, 10,086 students had been awarded endowment scholarships amounting to Rs1.15 billion and presently the Sindh education department had Rs523 million in the head of Endowment fund.
Secretary of college education Dr Riaz Memon, special secretary of the endowment fund Naseemul Ghani Sehto and the vice-chancellors of various universities also attended the meeting.
Dahar said that the endowment fund was established with Rs200 million between 2002 and 2003 with the objective of providing financial assistance to students hailing from low income group on a merit and a poverty basis to acquire higher education at prestigious institutions.
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Fifteen seats were allocated to the Indus Medical College, Tando Muhammad Khan at the meeting, while the board of trustees also approved an annual net income of Rs1.2 million as the ceiling income for parents or guardians, both private citizens and government servants.
It was also decided during the meeting that interviews of candidates who had applied for the endowment fund scholarships would be conducted soon so that the eligible and deserving students can continue their education.
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The minister also assured that the Sindh education department would provide assistance to needy and eligible students in getting higher education and vowed that all decisions were being taken on merit.