Scholarships and Financial Aid Guide

SCHOLARSHIPS AND FINANCIAL AID

GUIDE

DIVERSE AND PERSONALIZED FINANCIAL SUPPORT OFFERED BY THE OFFICE OF SCHOLARSHIPS AND FINANCIAL AID

SCHOLARSHIPS AND FINANCIAL AID 2017

WWW.HABIB.EDU.PK

DIVERSE AND PERSONALIZED FINANCIAL SUPPORT:

MAKING QUALITY EDUCATION ACCESSIBLE FOR ALL

Dear Prospective HU Lions, We are living in a rapidly changing environment characterized by the information explosion, technological revolution and a dynamic career market. An undergraduate education is of critical importance as it encourages students to develop a variety of skills and essential values for their future endeavors. We aim to instill such skills and values in its students in order to prepare them for today's ever-evolving world.

Habib University (HU) not only offers a world-class undergraduate learning experience, but also an unmatched Scholarship and Financial Aid Program to its applicants. We value each of our admitted students and offer generous scholarship and financial aid packages. The Office of Student Finance offers diverse, personalized solutions for all students, based on both merit and financial-need as per their individual requirements.

Habib University’s Scholarship and Financial Aid Program is unique in its commitment to meeting the needs of all successful applicants and is not determined by a fixed number of scholarships and financial aid awards. We acknowledge the merit of exceptional candidates through our Scholarship Program and provide financial support to all eligible students through our Financial Aid Program.

Choosing Habib University for your undergraduate education is choosing to invest in your future. Once you have been accepted to HU, we will help you in meeting your demonstrated financial need in order to pursue a four-year undergraduate degree program at a world-class institute.

“

Office of Student Finance Habib University

“

Habib University welcomes exceptional students from all backgrounds. We recognize the talents and potential of students by offering generous scholarships and providing need based grants.

Rafiq M. Habib Chancellor, Habib University

FINANCIAL AID UNMATCHED SCHOLARSHIPS AND FINANCIAL AID PROGRAM:

MAKING QUALITY EDUCATION AFFORDABLE Habib University (HU) firmly believes that learning opportunities for brilliant students should never be limited by their means to pay. Besides rewarding merit with scholarships, the demonstrated financial need of students admitted to HU is matched with an assistance package that best suits their individual requirements.

163

MILLION RS. AWARDED IN SCHOLARSHIPS. HU AWARDS A RANGE OF MERIT-BASED SCHOLARSHIPS EVERY YEAR WHICH CAN GO UP TO 100%

81

MILLION RS. AWARDED IN GRANTS. GRANTS ARE AWARDED ON A FINANCIAL NEED BASIS TO STUDENTS AND DO NOT NEED TO BE REPAID.

“

It was my dream to studyin a top-tier university of pakistan and my dream came true with the generous financial support of Habib University. It has been a experience coming to Habib

“

Mehreen Khan, Clas of 2019

At Habib University, your socioeconomic back-ground is never a problem. My family couldn’t afford to pay the whole tuition fee here. I am grateful that my Yohsin scholarship made HU possible for me. If you are a deserving student, and have the determination to perform well, Habib will welcome you with open arms and money will not be a problem.

“

OF OUR STUDENT BODY IS ON SOME FORM OF FINANCIAL SUPPORT COMPRISING OF SCHOLARSHIPS, GRANTS AND DEFERRED FEE

“

88%

Hunza Irfan, Class of 2019

SCHOLARSHIPS HABIB UNIVERSITY’S

SCHOLARSHIP PROGRAM HU SCHOLARSHIPS

HU aims to foster excellence by rewarding exceptional students with merit-based scholarships. These are awarded on the basis of overall merit assessed at the time of admission.

The three categories of Scholarships at HU are: the Distinguished Yohsin Scholarship, the Habib Excellence Scholarship and the Habib Merit Scholarship. All candidates eligible for admissions can apply to the HU Scholarship Program.

The sole criteria for an HU scholarship is merit and all scholarships are awarded irrespective of an applicant’s religious, ethnic, racial, gender or socio-economic background.

DISTINGUISHED YOHSIN SCHOLARSHIPS Distinguished Yohsin Scholars are students who imbue excellence in both their academics and their meta-curricular activities. These scholarships cover 100% of a students tuition and laboratory/studio fees for the duration of their undergraduate program at HU.

HABIB EXCELLENCE SCHOLARSHIPS

These scholarships are available for those students who have outstanding academic achievements. These cover 60% to 80% of a student’s tuition and laboratory/studio fees.

HABIB MERIT SCHOLARSHIPS

These are awarded to those students who demonstrate strong academic merit. These scholarships cover 20% to 50% of a student’s tuition and laboratory/studio fee.

You can get more information regarding scholarships at

www.habib.edu.pk/admissions/student-finance/scholarship-faqs//

SCHOLARSHIPS AWARDED

BY OUR VALUABLE DONORS ARE PART OF THE DISTINGUISHED YOHSIN AND HABIB EXCELLENCE SCHOLARSHIPS: 1. PERIN J. DINSHAW SCHOLARSHIP 2. MRS. HILLA NADIR DINSHAW SCHOLARSHIP 3. ANITA K.M. ZAIDI AND SYED SAAD SHAFQAT 4.PARVEZ GHIAS SCHOLARSHIP 5. HASHOO SCHOLARSHIP 6. KAZIM FAMILY SCHOLARSHIP 7. SAKINA AND GHULAM HUSSAIN THAVER SCHOLARSHIP 8. KULSOOM AND K.C. IBRAHIM SCHOLARSHIP 9. DR. SHAUKAT HAROON SCHOLARSHIP 10. VIENA AND ZAKIR IBRAHIM SCHOLARSHIP 11. CASSIM FAMILY SCHOLARSHIP

SCHOLARSHIPS HOW DO I APPLY FOR SCHOLARSHIPS?

To be considered for an HU Scholarship, you must apply for the Scholarship Program, once you have completed your Admissions Application.

Please follow these steps to apply for HU Scholarships:

STEP 1: Download and save the scholarship application available on our website:

www.habib.edu.pk/admissions/student-finance/apply-for-scholarship-fa/

STEP 2: Fill in the application form and print it out.

STEP 3: Put the Scholarship Application into an envelope, and mail it to the following address: Office of Student Finance Habib University: Block 18, Gulistan-e-Jauhar, University Avenue, Off Shahrah-e-Faisal Karachi, Pakistan

STEP 4: Post the envelope to Habib University or drop by the Habib University Campus to submit it in person.

WHAT ARE THE CRITERIA FOR AWARDING SCHOLARSHIPS ?

Scholarships awarded by Habib University, at the time of admissions, are not determined solely on the basis of high school grades. Factors that contribute to determining the eligibility of students for an HU Scholarship include the following: Grades obtained at the secondary and higher secondary school level; Performance in Habib University’s Entrance Examination and/or the SAT; Communication skills, including writing; Thoughtfulness about self and society; Passion and initiatives taken for community service, and participation in diverse activities such as sports poetry, performing arts, visual arts, etc.

SCHOLARSHIPS ARE SCHOLARSHIPS AWARDED FOR THE FOUR YEARS OF UNDERGRADUATE STUDY?

?

Scholarships are awarded for the entire duration of the undergraduate program. Recipients of HU Scholarships must fulfill the following conditions every semester to successfully retain their scholarships: Enrolled as a full-time student, unless the University has approved part-time enrolment; Maintain a minimum cumulative GPA of 3.5 for Yohsin Scholarships, 3.0 for Habib Excellence Scholarship and 2.75 for Habib Merit Scholarships; Follow the University’s policies and procedures; Good conduct standing according to HU's Code of Conduct

HOW WILL HABIB UNIVERSITY SUPPORT ME IN MAINTAINING THE CGPA REQUIRED TO RETAIN MY SCHOLARSHIP?

HU helps students in a variety of ways to achieve academic excellence and maintain their CGPA: Each student is assigned an Academic Advisor who helps students to identify and use appropriate academic support services if a student is struggling in any academic area.

Office of Academic Performance provides individualized academic support services to students, as per their needs, through its following centers and services • The EHSAS Center (Educational Help Services and Academic Support) provides academic support through workshops, discussions, peer tutoring, faculty tutorials and one-on-one sessions.

• The Writing Center helps students enhance their reading and writing skills. You can book a time with a writing tutor to get individualized help.

• Academic Counseling helps students with the development of soft skills such as time management, recognizing learning styles, note taking, study skills etc.

In case students are not able to maintain their CGPA in any semester, they will be given a probationary period (one semester) to improve their performance and achieve the desired CGPA. During the probationary period, no changes will be made to the scholarship awarded.

WHEN WILL I BE NOTIFIED ABOUT MY SCHOLARSHIP STATUS?

If you qualify for a Habib University scholarship, you will be notified soon after your admissions decision via email. You will be invited, along with your parents/guardians, to attend a Scholarship meeting to discuss the award details.

FINANCIAL AID HABIB UNIVERSITY’S

FINANCIAL AID PROGRAM HU FINANCIAL AID

The Financial Aid Program aims to ensure equal opportunities for all; in addition to applying for HU Scholarships, students may apply for financial aid simultaneously. . Habib University’s Financial Aid Program offers generous grants and helps students acquire loans through external institutes. The amount of financial aid awarded depends on the needs of admitted students.

Habib University offers personalized financial aid plans in order to assist each admitted student as per his/her financial needs and circumstances.

GRANTS

These funds are awarded based on need assessed through the Financial Aid Application at the time of admission.

Grants are subject to an annual review of a student’s financial circumstances and do not need to be repaid during, or after, completing the four-year undergraduate degree at HU. A Grant is not a Loan.

DEFERRED FEE PLAN

Habib University has designed a special Deferred Fee Plan to facilitate the students to pay some part of their university fee after completing their undergraduate education from the University. It allows students to pay for their higher education from their own earning and demonstrate their personal responsibility towards their education and growth.

Deferred Fee Plan is not governed by any ‘loan policy’ as it is not loan. It is a form of facilitation provided to students and their families to pay the University fee over an extended time period, instead of paying the required fee during the four years of undergraduate studies. No interest is applied on re-payment amount. Other than the deferred fee amount, additional 3% administrative charges are applied per annum.

The Deferred Fee Plan amount should not be considered a liability for the following reasons: • Habib University facilitates students in acquiring jobs so that they can start repaying their Deferred Fee • Students graduating from the University with a minimum cumulative GPA of 3.75 will have their complete deferred fee waived off.

• You can start paying your Deferred Fee during your study at Habib University by participating in the student employment program. The Program will provide you with an opportunity to do paid work, at a maximum of 20 hours per week. The remuneration will be adjusted against your Deferred Fee Plan.

• You will be expected to start paying back your Deferred Fee 6 months after graduation. This will give you ample time to start earning. The payment period is approximately five years and can be extended as per need • If you plan to go for further studies after completing your undergraduate education, your Deferred Fee payment plan will be deferred till the time you complete your graduation

FACILITATION FOR STUDENT LOAN

As part of our Financial Aid Program, Habib University may also facilitate students in acquiring student loans through various external institutes including banks. The loans will be governed by the rules and regulations of the individual institutes.

Details are shared with the students and their parents/guardians, while finalizing their fee package, at the time of admission.

FINANCIAL AID STUDENT EMPLOYMENT

Though student employment is not a formal part of a student’s financial aid package, it offers an opportunity for students to earn money through our Student Employment Program. Students participating in the program are employed on campus for an agreed period of time and are paid an hourly wage for their work. The payment is adjusted against their payable fee.

The Student Employment Program provides a valuable learning experience for students. They learn to balance different responsibilities at a time, understand professional work ethics, enhance their technical skills as per the nature of employment, build interpersonal skills and gain confidence.

Student employment opportunities may include engaging as a Peer Tutor or a Teaching Assistant, working in the HU Library in a variety of jobs, participating in marketing activities and assisting Student Marketing and Recruitment or Admissions with various tasks.

Student Employment options are offered to students in their second semester provided they demonstrate a satisfactory performance in the first semester. In order to retain their student employment positions, they need to maintain a minimum CGPA of 2.33 every semester.

You can find more information regarding financial aid at www.habib.edu.pk/admissions/student-finance/scholarship-faqs/

QARZ-E-HASNA:

INTEREST FREE LOAN FACILITY BY IHSAN TRUST

In order to enhance our Financial Aid Program and facilities, Habib University has collaborated with Ihsan Trust, a non-profit organization, to provide prospective students access to interest-free loans.

Ihsan Trust aims to facilitate and enable students with financial limitations to pursue quality higher education in Pakistan in the form of interest-free loans through their Qarz-e-Hasna program.

Through the Qarz-e-Hasna program, Ihsan Trust bears the educational expenses of students based on their need and merit combined in order to enable them to complete their Higher Education. The amount of Qarz-e-Hasna allocated to eligible students depends on their financial need.

During their studies, students have to pay a nominal amount (depending upon the financial position of the candidates and their parents'/guardians' monthly incomes) to Ihsan Trust as repayment. The repayment amount of the Qarz-e-Hasna loan will be adjusted according to the student's income after completion of their education at Habib University.

For further details, please visit www.ihsantrust.org/education.html

FINANCIAL AID HOW DO I APPLY FOR FINANCIAL AID?

To be considered for HU's Financial Aid Program you must apply once you have completed your Admissions Application.

Please follow these steps to apply for Financial Aid

STEP 1:

Download and save the Financial Aid application from the Habib University website: www.habib.edu.pk/admissions/student-finance/apply-for-scholarship-fa/

STEP 2:

Fill in the application form and print it out

STEP 3:

Make attested copies of all required documents

STEP 4:

Put the Scholarship Application into an envelope, and mail it to the following address: Office of Student Finance: Habib University: Block 18, Gulistan-e-Jauhar, University Avenue, Off Shahrah-e-Faisal Karachi, Pakistan

STEP 5:

Post the envelope to Habib University or drop by the Habib University Campus to submit it in person

WHICH DOCUMENTS DO I NEED TO SUBMIT? Documents you need to submit may include bank statements of all earning members of your family, salary slips of all earning members, rent agreement, tax details, asset information for a fair assessment of your need.

For a detailed list of documents required, please visit: www.habib.edu.pk/admissions/student-finance/financial-aid/financial-aid-checklist/

HOW IS FINANCIAL AID DETERMINED AND ALLOCATED? Financial aid is determined after a thorough review of each case. Our goal is to treat students fairly, while still maintaining the flexibility required in order to recognize special circumstances. There are various factors that the Office of Student Finance considers while evaluating a student’s application, including living expenses based on household size, taxes paid by his/her family, medical expenses, educational expenses of siblings, family’s assets, and/or any special circumstances. These factors help us in estimating your family’s potential contribution to your education.

If the estimated contribution is less than the cost of attending Habib University, you will be offered financial aid.

FINANCIAL AID IS FINANCIAL AID AWARDED FOR THE ENTIRE DURATION OF THE UNDERGRADUATE PROGRAM OR IS IT FOR A LIMITED PERIOD OF TIME?

Similar to HU Scholarships, Financial Aid is awarded for the entire duration of the undergraduate program. Student recipients of Financial Aid must fulfill the following conditions to successfully retain their financial aid award at the beginning of each semester: Enrolment as a full-time student, unless the University has approved part-time enrollment; Maintaining a minimum CGPA of 2.33 every semester; Follow the University’s policies and procedures; Good conduct standing according to HU'S Code of Conduct; No change in the financial situation of the household.

IS THERE ANY MAXIMUM OR MINIMUM RANGE FOR THE AMOUNT ALLOCATED FOR GRANTS? The amount of grants a student receives depends solely on his/her demonstrated financial need.

HOW CAN I AVAIL FOR ONE OF THE AVAILABLE STUDENT EMPLOYMENT OPTIONS? Students must apply for the available positions, which are advertised internally. There is an assessment process to ensure that the students possess necessary skills to perform the tasks required. If the assessment results are positive, then the students are considered for those positions.

HOW MUCH CAN I EARN THROUGH THE STUDENT EMPLOYMENT PROGRAM? Earnings from the Student Employment Program depend on the nature of the job and the amount of time spent.

On average, if a student consistently spends 20 hours a week throughout the year, and including semester breaks, s/he can earn anywhere between PKR. 50,000 - 150,000 per year.

WHAT IS THE MODE OF PAYMENT FOR THE STUDENT EMPLOYMENT PROGRAM? In general, student employment remuneration will be off-set against either the student’s tuition fee, or transport fee. No cash payment will be made except in special circumstances.

CONTACT US Our Admissions Counselors will be available to talk with you and meet you for any kind of assistance you require in completing your scholarship and financial aid application.

MEET US

Office of Admissions Habib University City Campus, University Avenue, Off Shahrah-e-Faisal, Block 18, Gulistan-e-Jauhar, Karachi – Pakistan.

TALK TO THE ADMISSIONS TEAM

Admissions Counselors: 0322-2850249 and 0322-2850247 Landline: +92 21 11 10 HABIB (42242) +9221 38797082, +9221 38797078, +9221 34638985 (Ext: 4514 or 4512)

EMAIL US

For information about admissions: admissons@habbib.edu.pk For more information on scholarships and financial aid: financialaid@habib.edu.pk

VISIT OUR WEBSITE

For more information on Habib University, please visit our website: www.habib.edu.pk

FOLLOW US ON

www.facebook.com/habibuniversity www.twitter.com/habibuniversity www.vimeo.com/habibuniversity

IMPORTANT WEB LINKS Further information about scholarships and financial aid: www.habib.edu.pk/admissions/student-finance/

Detailed FAQs:

www.habib.edu.pk/admissions/student-finance/scholarship-faqs/

Download your scholarship and financial aid form:

www.habib.edu.pk/admissions/student-finance/apply-for-scholarship-fa/

Take a Virtual Tour of Habib University: www.virtualtour.habib.edu.pk