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 Undergraduate Students:
- 100 Undergraduate Merit Scholarships
LUMS recognizes and rewards academic excellence through the Undergraduate Merit Scholarships. Discover more about Merit Scholarships here. - LUMS Financial Aid
LUMS Financial Assistance combines loan and waiver, covering Tuition and Semester Registration fees, as well as Lab Charges (where applicable). This support ensures that top-ranked students receive the assistance they need to continue their journey at LUMS. Explore LUMS Financial Aid here. - National Outreach Programme Scholarship
The National Outreach Programme (NOP) is a flagship initiative aimed at providing equal educational opportunities to talented yet financially disadvantaged students from across Pakistan. NOP scholars receive full financial support, covering Admission, Tuition, Semester Registration Fees, Lab Charges, Accommodation, Meals, and Stipends, allowing them to pursue a high-quality education at LUMS. Learn more about NOP Scholarship. - External Scholarships
LUMS collaborates with various donors to facilitate our students by offering a range of available external scholarships to support students striving for academic excellence. To be considered, students must meet both the eligibility criteria set by the Donor organization and LUMS. The details of a few external scholarships are given below, for your convenience.
Undergraduate Merit Scholarships
LUMS not only recognises students' good academic performance but also distinguishes high achievers by providing them generous Merit Scholarships. If you are a high achiever, LUMS wants you to accomplish everything you possibly can. Exemplary students are selected to receive LUMS Merit Scholarships based on their outstanding academic performance.
First Year
100 Scholarships are available to support the academic aspirations of prospective top ranked undergraduate students based on the LUMS admission evaluation criteria.
For the first year, merit scholarship award covers partial to full tuition fee for One (1) year and is awarded to the top applicants shortlisted for admission in each school. Applicants with high academic credentials are considered for scholarship.
Subsequent Years
The Merit Scholarship covers partial to full tuition fee for One (1) year only and is awarded to the returning batches based on their CGPA ranking and placement on the Dean's Honour List. The number of scholarships in each Programme and class may vary according to the approved policy of that particular academic year.
Note: In case a student qualifies for Financial Aid Award and Merit Scholarship, their scholarship will be adjusted accordingly. These awards are for One (1) year only and cannot be carried forward to subsequent years.
LUMS Financial Aid
Financing a student's education is a commitment involving the student, their family and our institution. We at LUMS gear all our efforts towards assisting top talent within our limited resources. Financial assistance is offered to academically distinguished students with demonstrated need. These awards at the Undergraduate level are available in the form of Waivers and LUMS Interest-Free Loans.
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. Financial Aid fee waiver is not required to be repaid, whilst LUMS Interest-Free Loan will have to be paid back after six (6) months of graduation within a maximum period of five (5) years.
Remember a loan is an obligation and is required to be paid back in instalments after graduation. Repayment of loan not only contributes towards the recirculation of Financial Aid to deserving students but also inculcates social responsibility and ethical values within the students.
National Outreach Programme
At LUMS, we are dedicated to shaping Pakistan’s future by nurturing tomorrow’s leaders. The National Outreach Program (NOP) is at the heart of this mission, striving to eliminate educational inequality by providing access to high-quality education for talented students, regardless of their financial background.
Since its inception, NOP has inducted over 1,561 scholars from across Pakistan, representing diverse ethnicities, beliefs, and backgrounds. More than 1,171 graduates have emerged from this prestigious program, with 60 having received international scholarships to study at world-renowned universities. The program isn’t just a scholarship; it’s a rigorous fellowship that prepares students to excel both academically and as leaders. NOP scholars benefit from specialized resources, engage in skill-building activities, and are encouraged to contribute to their communities during their time at LUMS.
Today, NOP alumni are leaders across the globe, contributing to various fields in highly competitive job markets and entrepreneurial initiatives. Their success reflects the transformative impact of this unparalleled program.
We remain committed to supporting Pakistan’s brightest minds, shaping them into the pillars of the country’s future. To explore how NOP continues to make a difference, click here.
External Scholarships
LUMS collaborates with various donors to facilitate our students by offering a range of available external scholarships to support students striving for academic excellence. To be considered, students must meet both the eligibility criteria set by the Donor organization and LUMS. The details of a few external scholarships are given below, for your convenience.
Maintaining Eligibility
- Financial Aid Award is valid for one (1) year only. Continuation of aid in the subsequent year(s) is subject to the submission of financial aid application, supporting documents and reassessment of financial need.
- 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.
- Each year reassessment is carried out and upon re-evaluation of updated facts financial aid is allocated for the subsequent year. In case a student qualifies for financial assistance for his/her entire degree programme, it will cover 140 credit hours for BA/BSc/BS, 145 credit hours for BSc (Electrical and Chemical Engineering), and 175 credit hours for B.A-LLB in order to meet the minimum graduation requirement.
- 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.