Need Based Scholarship
Participant desirous of need-based financial assistance shall apply on the prescribed Financial Assistance Form to the Financial Assistance Officer in office of the Registrar along with following documents:
- Evidence of Father’s/Guardian’s income like authenticated salary certificate;
- Evidence of property, if any, owned by father/guardian;
- Evidence of Agriculture property and income arising thereof;
- Copies of utility bills for the period of last six months;
- Copy of bank statement, in case of income from business;
- Copy of rent agreement in case of rented house or in case of income from house-rent;
- Copies of Fee bills of brothers and sisters in case they are participant;
- Any other document which the Financial Assistance and Loan Committee (FALC) deems necessary
Financial Assistance and Loan Committee considers all FA applications for the grant of need-based assistance in the light of evidence submitted in its regular quarterly meetings. The Financial Assistance Officer informs applicants about the outcome of their applications through emails or notice boards. He/She also prepares a list of applicants who have been granted assistance for onward dispatch to Office of the Treasurer and for record.
Financial Assistance on need basis has been converted into Qarz-e-Hasana with effect from Fall semester 2007. Qarz-e-Hasana is returnable within three years after graduating from UMT in equal monthly installments. Degree will be issued after full payment of Qarze Hassana.