Government College University’s Endowment Fund Trust (GCU-EFT) awards Rs 8 million scholarships to 235 students

Published on May 26, 2014 at 2:14 pm

Government College University’s Endowment Fund Trust (GCU-EFT) awards Rs 8 million scholarships to 235 students

Lahore: Government College University’s Endowment Fund Trust (GCU-EFT) awarded Rs eight million scholarships to the university’s 235 deserving students on Saturday. Vice Chancellor Prof Dr Muhammad Khaleeq-ur-Rahman, who is also EFT chairman, chaired the annual scholarship distribution ceremony while Lahore High Court (LHC) Justice Muhammad Farrukh Irfan Khan, EFT Executive Committee Secretary Dr Khalid Manzoor Butt, eminent industrialist Mian Misbah-ur-Rahman and donors of the trust were also present.

Addressing the ceremony, Prof Rahman said the university’s endowment fund trust was almost doubled by Rs 170 million in a short span of three years due to generous support of Old Ravians and philanthropists. He also told the trust donors that scholarships to 235 deserving students were given purely on merit after the interview of candidates by GCU Financial Aid Committee which comprised of five heads of departments. He said all the documents of applicants from income certificates to utility bills were examined in detail so that only truly deserving students could get scholarships.

Prof Rahman also said he wanted to provide free education to all GCU students but unfortunately resources didn’t allow him. However, he said he had not increased a single rupee in fees since three years despite all the financial constraints from the university’s treasury.

Inspired by the transparency and credentials of scholarships’ recipients, Old Ravians and philanthropists at the ceremony further pledged donations of Rs 10 million for the trust. Justice Muhammad Farrukh Irfan Khan, an eminent Old Ravian, his brothers and family members initiated five more perpetual golden scholarships for deserving students of GCU. Eminent Industrialist Iqbal Z. Ahmad, a private telecommunication company, and a couple of other donors also donated rupees one million each to the trust.

Speaking on the occasion, EFT Executive Committee Secretary Dr Khalid Manzoor Butt said endowment fund trust of Harvard University, US, alone stood at more than 42 billion dollars and this was what made the America superpower. However, he said GCU was the only public sector university which had developed its endowment fund.

Dr Khalid Butt said the endowment funds didn’t spend the principle amount but the profit, earned from the principal amount, was spent on deserving students and development projects. He said if philanthropists, Old Ravians and government supported from five to ten years now the trust would be providing scholarships to all the needy students of the university.

Mian Misbah-ur-Rahman said the culture and trend of supporting education was yet to be developed in Pakistan. He said he would continue his efforts for mobilising Old Ravians for the development of his alma mater.

Comments are closed.

Recently Published Articles / News Items

PakMed InfoForum contains more than 50,000 educational & biomedical articles/news items added in the recent two years making it one of the largest educational & biomedical information websites. In the following you can find the links to about 100 recently added articles or news items.

  • WHO: New Multidrug Resistant TB Treatment Could Be Game Changer
  • WHO Urges Pregnant Women to Avoid Rio Olympics
  • WHO Guidelines Aim to Help Millions of Victims of Female Genital Mutilation
  • Patient Recovering from First US Penis Transplant
  • Third Decade of LUMS: The Celebration
  • Consultative meeting on art and culture at PU ISCS
  • Prof. Dr. Muhammad Ali has assumed the charge of Vice Chancellor, Government College University Faisalabad
  • Pakistan Medical & Dental Council (PMDC) public notice to de-notify seven universities
  • Postgradute Medical Students Alert: Pakistan Medical & Dental Council PMDC
  • Students Alert: Pakistan Medical & Dental Council PMDC
  • PMDC Approves Increased Admission Seats for Medical Colleges in Punjab
  • Federation of All Pakistan Universities Academic Staff Association (FAPUASA) for redefining HEC role
  • HIV positive women can have safe offspring after treatment!
  • Scam of bogus attendances of children in schools unearthed in Rawalpindi
  • Gearing up for AIDS-free generation – – AIDS Day celebrated in Lahore
  • Young Doctors Association YDA threatens to stage street show
  • Sisters on strike against Ganga Ram Hospital Lahore Medical Superintendent MS
  • KIPS students awarded at Alhamra Lahore
  • CM takes notice of admission policy of University of Karachi
  • Five new AIDS diagnostic centres in Sindh soon in Sindh
  • Aga Khan University Examination Board hosts annual high achievers awards ceremony
  • Water contamination causes 40% deaths in urban areas: moot told
  • Sindh Culture Day on 7th December 2014
  • Chief Minister Qaim Ali Shah tells Education Department to prioritise development schemes
  • World AIDS Day today: Campaign ‘No syringe – need life’ launched
  • Forman Christian College Lahore turns 150 with varsity status
  • ‘System being improved for doctors’ rapid promotions’ in Punjab
  • Too much exercise can be a bad thing
  • Reforms in health sector top priority: Chief Secretary Punjab
  • Misbehaviour with polio workers not to be tolerated, saysPunjab Chief Minister Muhammad Shahbaz Sharif
  • Children’s Literature Festival Lahore concludes
  • The Environment Protection Foundation (TEPF) organises tree-plantation campaign: 450 students turn St Joseph School into a green campus
  • ‘Efforts being made to provide health facilities to masses’ in Punjab
  • Children’s Literature Festival Lahore: ‘Books and education can ease intolerance, extremism’
  • Three children die as school bus plunges into drain in Lahore
  • Three polio workers beaten up in Lahore
  • Children’s Literature Festival kicks off
  • Ivory Emporium to hold exhibition of vintage scarves next month
  • Work of Dr Aijaz Anwar, Anwar Ali showcased at the House of Nanna
  • 4,495 students given laptops in district Rawalpindi
  • Health department Punjab seeks 800 employees for polio campaign
  • Technical Education & Vocational Training Authority (TEVTA) offers 16 new courses of 3 to 6 months duration
  • 5 dialysis machines donated to HFH – Rawalpindi: Organisation of Graduates of Rawalpindi Medical College (RMC)
  • Bio Sciences Dept hosts Alexander von Humboldt Alumni reunion – Forman Christian College FCC University FCCU Lahore
  • Punjab University Vice Chancellor Prof Dr Mujahid Kamran stresses to value oriental languages, literature
  • Geographical Information System (GIS) students’ protest baseless: PU spokesman
  • University of the Punjab Lahore 123rd Convocation on Dec 27, 2014
  • Need to pay attention to control traffic accidents: Zulfiqar Cheema – University of the Punjab Lahore
  • Another feather in the cap of University of the Punjab Lahore: “PAKISTAN’S FIRST INTERNATIONAL PATENT” (In the field of Industrial Enzymes) Discovery of a novel and extraordinary enzyme for food industry
  • 3rd Faculty Training Program at MMG in Collaboration with LID-HEC – University of the Punjab Lahore
  • National Outreach Program (NOP) organized a seminar in collaboration with IAS (Institute of Administrative sciences) P.U on Sat 22nd November, 2014 on “Breakthrough thinking -Market Driven opportunities”
  • Change in university culture not possible without training: Punjab University Vice Chancellor Prof Dr Mujahid Kamran
  • Punjab University PU to bear expenses of injured student
  • Punjab University College of Earth and Environmental Sciences (CEES) organizes seminar
  • Punjab University Centre for South Asian Studies (CSAS) PU CSAS organizes seminar
  • World Television Day 2014 mark at Punjab University Institute of Communication Studies PU ICS
  • Hungarian Ambassador calls on Punjab University Vice Chancellor Prof Dr Mujahid Kamran
  • Punjab University Institute of Social and Cultural Studies PU ISCS organizes seminar
  • Visit of Punjab University Lahore delegation to Bielefeld University, Germany
  • Punjab University Institute of Social and Cultural Studies ISCS seminar on interview techniques
  • Punjab University Institute of Social and Cultural Studies PU ISCS organizes seminar on women harassment
  • Medical Entry Test (Entrance Test; MCAT) Answers Key for Admission to MBBS and BDS in Medical and Dental Colleges of Punjab Pakistan Administered by University of Health Sciences UHS Lahore Held on August 31, 2014
  • Result of Matric SSC-2 (Secondary School Certificate Part 2; Class 10th) Annual Examination 2014 of all Boards of Punjab Announced on July 25, 2014: Bahawalpur Board, D.G. Khan Board, Faisalabad Board, Gujranwala Board, Lahore Board, Multan Board, Rawalpindi Board, Sahiwal Board and Sargodha Board
  • Special summer classes in Rawalpindi colleges
  • Turkish contribution to education in Pakistan hailed
  • Punjab Education Foundation (PEF) providing free education to 1.5m needy students
  • AIOU to introduce PhD degree in mass communication
  • Pakistan Institute of Medical Sciences (PIMS) organises seminar on safe blood transfusion
  • Pakistan Institute of Medical Sciences (PIMS) to hold int’l woman and child health conference
  • HEC bailout package- Immediate bailout package for HEC sought
  • Pakistan Medical and Dental Council (PMDC) asked to stop registering colleges
  • Govt universities appointments – SHC stays key appointments in govt universities
  • Sindh University launches mini hospital
  • USAID awards scholarships to Sindh students
  • Over 850 schools in Thatta, Sujawal closed
  • NEB exam must for medical graduates from Cuba:Pakistan Medical & Dental Council PM&DC PMDC
  • Allama Iqbal Open University (AIOU) upgrades its website
  • Punjab University Lahore at 1,613 in world ranking, PA told
  • Groundbreaking Ceremony ofLahore University of Management Sciences LUMS Coca-Cola Aquatic Centre
  • Lahore University of Management Sciences LUMS Alumni Reunion in Australia
  • Lahore University of Management Sciences LUMS Receives Service Appreciation Award at ‘Service Punch – 2014’
  • Lahore University of Management Sciences LUMS RWES Wins Dunya TV Shadow Budget Competition
  • EO Workshop on Personal Finance for Entrepreneurs at REDC LUMS
  • Punjab University organizes special lecture on Urdu
  • Youm-e-Takbeer a memorable day: Punjab University Vice Chancellor Prof Dr Mujahid Kamran
  • Punjab University Institute of Quality & Technology Management (IQTM) organizes National Symposium
  • Punjab University Urdu Department organizes Seminar
  • IJT doing negative politics: Punjab University spokesman
  • Dengue totally under control, says minister of Punjab
  • Govt to focus on promotion of quality education: governor
  • Dengue website of Punjab gets 67,800 hits
  • All Pakistan Women’s Association (APWA) condemns stoning of pregnant woman
  • Saida Waheed College of Nursing (SWCON) of FMH observes Nurses Day
  • Medical graduates returning from Cuba land in miseries
  • ‘Favouritism’ hits Punjab University Geography Department recruitments
  • Govt of Punjab to increase education, health budgets in next fiscal
  • Allama Iqbal Open University (AIOU) to launch shariah PhD, MS programmes
  • Chinese language course concludes atConfucius Institute of National University of Modern Languages (NUML)
  • Pakistan Institute of Medical Sciences (PIMS) to start cessation clinic in first week of June
  • 76 young professionals ready to attend United States Educational Foundation in Pakistan (USEFP) scholarships
  • No Tobacco Day observed at Benazir Bhutto Hospital BBH Rawalpindi
  • Literary festival held to remember Parveen Shakir
  • Smoking kills 100,000 Pakistanis every year: Health experts for increased taxes on tobacco in budget 2014-15
  • Millions of Newborn Deaths Reported (Listen to audio report)
  • Melinda Gates Pushes to Curb Newborn Deaths
  • Melbourne Declaration Released (Listen to audio report)
  • CIA: Vaccination Programs Won’t be Used for Spying
  • WHO: Conflict, Inequality, and Economic Exclusion Threaten Health Gains
  • UN investigator: Unhealthy Food Taxes Vital to Fight Obesity
  • CSS screening test – CSS screening test ill-devised move? – Federal Public Service Commission (FPSC)
  • Summer vacation from June 1 in Punjab educational institutions
  • 500 private schools not teaching Sindhi to students: Khuhro
  • Higher Education Commission (HEC) asked to continue financial grants to universities in Sindh
  • Sir Syed University of Engineering and Technology (SSUET) semester exams from May 26
  • Government College University’s Endowment Fund Trust (GCU-EFT) awards Rs 8 million scholarships to 235 students
  • Botanic Garden of Government College University GCU Lahore turns 102 years
  • REDC Holds Programme on Problem Solving and Decision Making Skills – Lahore University of Management Sciences LUMS
  • Punjab University Institute of Applied Psychology (IAP) organizes special lecture
  • Punjab University Institute of Agricultural Sciences (IAGS) 3-day International Conference concludes – International Conference on “Stress Biology & Biotechnology: Challenges & Management
  • Punjab University Department of Microbiology and Molecular Genetics organizes exhibition on ecosystems
  • Punjab University Institute of Communication Studies – Book on Shorish Kashmiri a source of inspiration, Dr Noshina
  • Punjab University Institute of Social & Cultural Studies (ISCS) – No society can prosper without empowering women, Dr Zakria
  • Indian delegation visits Punjab University Lahore Department of Urdu
  • Punjab University Directorate of Students Affairs organizes Bilingual Declamation Contest
  • Research on agriculture a must to feed world’s population: Punjab University Vice Chancellor Prof Dr Mujahid Kamran
  • Punjab Univreity organizes Sufiana/Arifana kalam and national songs competitions
  • Punjab University Lahore students win Team Trophy in Zestival-2014
  • Education For All EFA meeting vows to continue struggle for promotion of education
  • Mentally challenged patients abandoned by heirs – PIMH DMS says relatives do not follow up after admitting patient
  • SMS service launched for dengue awareness