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HEC Student Loan Program To Help Needy Students
By azy+ on March 26, 2011 9:16 pm in Scholarships / 31 comments
HEC Student Loan Program To Help Needy Students
HEC Student Loan Program 2011
HEC Student Loan Program To Help Needy Students and HEC Student Loan Program 2011 is for help the Needy Students who wants to study and learn more and more according to the wish.Islamabad, Higher Education Commission (HEC) through its `Student Loan Program’ will extend the opportunity of higher education to all the needy students of public and private institutions of higher learning. Talking to APP, HEC Executive Director, Sohail Naqvi informed that the HEC is in process of designing a model for development of a sustainable Student Loan Program in Pakistan, which can help brilliant students in acquiring higher studies, extending loan facility to them.
The program will benefit the students who are unable to get higher education due to financial constraints, following transparent procedures and best international practices. “The scheme will not only cover tuition fee of the students but all costs,” he said. “We are discussing how the program will be executed for those students in Pakistan who cannot afford to meet expenses of higher education. The students will be provided loan on subsidized interest rate with the condition of returning as soon as they become independent and get jobs,” Dr Sohail said. The main focus is to prepare the policy document for the program which can be acceptable for all the stakeholders, he said. Mostly regular banks remain at the front in extending loan facility for the students and this program will be implementation in collaboration with the banks.
The commercial banks show lack of interest in such projects as they are not sure about return of loans. And these banks have no tools to verify either the student deserves one or not, Dr Sohail observed.
A mechanism will be in placed at the institution level to verify the financial conditions of the students to make the program more transparent. “We are preparing a preliminary design of the program and discussing modalities in various scenarios with the special emphasis on supporting banks and protecting these from risk loan defaults,” Dr Sohail said.
National Education Policy-2009 sets target to increase enrollment at higher education level from existing 4.6 per cent (1.1 million approximately) including colleges and distance education to 10 per cent by 2015 and 15 per cent by 2020 which meant tripling the enrollment of higher education sector in the next six years, he mentioned.
Recently, HEC officials held a meeting with the other stakeholders and discussed the designing and development of the draft of the program in compliance with the directives of the President of Pakistan to develop a sustainable Student Loan Program. The meeting was attended by State Bank of Pakistan Additional Director banking policy and regulation Mahmood Shafqat, Deputy Secretary (Finance) Aamir Mahmood, National Bank of Pakistan (NBP) Student Loan Scheme Wing vice president Shamim Iqbal, HEC Director General (Finance) Ghulam Mujtaba Kayani, and SAP/BAS Coordinator Khawaja Zahid Hussain.
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31 Comments
respected sir,im a student of bsc{hons}Biotechnology at AWKUM.i have completed my second semester there but my father has lift me alone as im an orphan,also my family background is not able to pay my educational expences.i have seven brothers and they are getting education also,i want to maintain my education,therfore i request you that kindly give me a better chance of scholarship.i will be very and highly obliged…
sir i am a student of Bsc(hons)agri and my last semester will be complete ofter one month and i want to continue my education and we are poor may be i can,t continue pleas sir support us and give the chance of scholarship then i completed my education thanks.
I have lost my father and I am from a very poor background because of that i can not continue my education am a geology student please and please i will be very happy if u will offer me a scholarship for futher studies.
asalamoalekum sir i m the student of software engineering in UET mardan campus and i need the financial help to complete my graduation
sir please must help and informe me about any schollarship i will be very thankful to you
salam now i am doing MBA from IM/SCIENCES PESHAWAR and my request to me financialy because i am poor i need money or give me loan thanks
Sir!
I am waiting for my pharmD Final year exam result,belong to frontier region of bannu.hopefully i will get 60%plus aggregate.It is my keen interest to continue my furthur studies through any of the hec scolarship.
Thanku.
salam sir.sir i m student of BBA(hons)in ISLAMIA COLLEGE UNIVERSITY PESHAWAR. i can’t affort my education expences.so therefore i request u kindly give me loan for my education.I shall be very thankfull to you.
sir plz help me
sir i m doing computer system engineering .but i have a lot of fincial difflty to continoue my study so plz hel me
Respected All!
My name is Farman Karim and My Father name is Ghulam Qadir (Late). I am belong to a poor family. There are 7 members in family and I am only serve the whole family now that is why I am not continuing my further education. I am graduation pass student from Allama Iqbal Open University, Islamabad. I have passed the graduation in high marks that is why I want to continue my education but I have no any other source of income to continue my further education so please it is my heartiest request to you to give me a student loan for continues education. I will be very thankful to you.
Sir I want to get admission in engineering university .I need scholarship.
I need scholarship & I am a needy student
what is the process for this scholarship
Please inform me about this good plan because i need it very much please as soon as possible inform me i will be thankful to you.
i want the info regarding this s.ship for a v needy girl who wnt to continue her studies for that
I’ve done my Fsc and wanna software engineer please do help me…. i’m unable to continue my studies due to finance problem….!!!!
PLEASE INFORM ME
I have done my f.sc and i want to continue my education . I need Scholarship for that so, kindly i want to know what is the procedure and criteria for Getting such a loan.
Sir i have completed my fsc with 80% marks & i want to study in mbbs to become the great doctor & to help my nation. Please help me. I need it badly.
i need this scholarship and what should i do next for this programme.
I NEED SCHOLARSHIP FOR MBBS.I CANNOT AFFORD AS IT IS VERY EXPENSIVE.I HAVE SECYRED 90% IN MATRIC AND 75% IN FSC PRE MEDICAL AND SAT AT HOME .I WANT TO BECOME GREAT DOCTOR OF PAKISTAN.I WANT A CHANCE.PLEASE HELP ME.
sir, i have complete my FSC with 70% marks and i want to continue my study but due to our financial crisis i can not so please kindly issue me a scholarship so that i may complete my study thanks.
How can we apply for this scholarship?I just have to say that if the scholarship scheme is given then there should be complete and proper way for appling for this scholarship,so it has been requested to provide the full method for applying for this scholarship.THANKS!!!!!
aoa, sir i m doing acca and having financial circumstances so kindly inform me how can i get scholarship?
thanks……….!
sir,
i am a medical student and need financial support to continue my study furher..thanks
sir i really need this scholorship to cntinue ma studies i want to do mas comunication in any govt uniiversty in islamabad.. how do i apply for this scholorship. thank you.
sir i need a scholarship….i m studing in uet taxila
sir;
i have done my FSC(pre medical)now i want to apply for BDS and need a scholarship because my father has been retired and i want to continue my further studies.
Thanks.
I have done my graduation I cant afford much money to countinoue mu studies
I want to do MSC in Computer Science trough ALLAMA IQBAL OPEN UNIVERSITY
plz give me scholorship
how can i apply for this scholarship….i really really need this scholarship…
i am an orphan child.i need schalorship to complete my engineering