FAST allocates Rs41.9m for deserving students
The FAST National University of Computer and Emerging Sciences (NUCES) campus in Islamabad has decided to allocate Rs41.94 million as an annual financial aid package for deserving students.
While FAST subsidises fees for all students because it is a not-for-profit educational organization, the varsity has realised that even subsidised fees may not be affordable for some students and has arranged financial assistance in the form of loans.
Financial aid can be availed by 263 students in all three faculties at the university’s Islamabad campus including computer science, electrical engineering, and management sciences.
The university said that it has approved 100% financial aid for 55 students, 85% for six students, 80% for three students, and 75% for as many as 63 students. Moreover, financial aid of 60%, 50%, and 25% have been approved for five, 94, and 37 students respectively.
“We don’t want our education to be accessible to the privileged few,” said FAST-NUCES Islamabad Campus Director Dr Waseem Ikram. “Being a non-profit, our fee structure is kept on the lower side, and through financial aid, we make our education even more affordable for those students who truly deserve to be here but can’t afford it.”
Published in The Express Tribune, November 2nd, 2020.