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Introduction

INSTITUTE OF MANAGEMENT SCIENCES, PESHAWAR
DETAIL OF FUNDS GENERATED AND DISBURSED AS FINANCIAL AID / SCHOLARSHIPS
2015-2016

 
Scholarship Funding / Grants

IMSciences is continuously working with corporate sector, donors and development organizations to improve the living standards of local communities FATA, Khyber Pukhtunkhwa and the whole country at large, by providing financial aid opportunities. The aim of strengthening Institute in resource generation is to facilitate and meet the increased expectations of financially constrained but talented current and prospective students of the Institute, by eradicating poverty and unemployment and strategically align the resource generation facilities of the Institute with International universities, donors and development organizations. IM|Sciences has funded a significant number of students who are facing financial constraints and are unable to continue their higher education. In session 2015-2016, 67.65 % of the total strength has been provided financial support worth Rs. 164.65/- Million, in 26 different need and merit based scholarship programs, interest free student loans, siblings fee rebate, work study programmes and global cultural exchange programmes. Total 1931 students have availed financial assistance under the following programmes on need and merit basis.

           
  IMSciences Partial Scholarships        
           
Sr # Programme / Discipline No of Slots Amount Per Student Scholarship Amount  Rs. In Millions 
1 MBA 3.5 Years - 2014 30 61250                        1,837,500                      1.838
2 MBA 3.5 Years - 2015 30 69,950                        2,098,500                      2.099
3 MBA 1.5 Years - 2014 15 64,450                           966,750                      0.967
4 MBA 1.5 Years - 2015 38 71,450                        2,715,100                      2.715
5 MBA 2.5 - 2015 2 66,000                           132,000                      0.132
6 BBA - 2012 30 54,195                        1,625,850                      1.626
7 BBA - 2013 30 59,200                        1,776,000                      1.776
8 BBA - 2014 30 64,800                        1,944,000                      1.944
9 BBA - 2015 34 71,460                        2,429,640                      2.430
10 BCS - 2013 10 59,200                           592,000                      0.592
11 BCS - 2014 10 64,800                           648,000                      0.648
12 BCS - 2015 11 71,460                           786,060                      0.786
13 BS Accounting & Finance - 2015 9 71,460                           643,140                      0.643
14 BS Economics - 2015 4 71,460                           285,840                      0.286
15 BS Software Engineering - 2015 10 71,460                           714,600                      0.715
16 BSc Social Science - 2015 10 70,800                           708,000                      0.708
17 MPA - 2014 10 61,250                           612,500                      0.613
18 MPA - 2015 2 70,950                           141,900                      0.142
19 MSc Applied Economics - 2015 1 70,950                              70,950                      0.071
20 MSc Finance - 2015 2 70,950                           141,900                      0.142
  Total 318                              1,337,495                     20,870,230 20.870
           
  Brother / Sister (Siblings) Fee Rebate        
           
Sr # Programme / Discipline No of Slots Amount Per Student  Scholarship Amount  Rs. In Millions 
1 BBA (Hons) 37 18,845 697,265                      0.697
2 BS Software Engineering 10 19,839 198,390                      0.198
3 BS Social Sciences 14 20,755 290,570                      0.291
4 BSc Economics 9 18,874 169,866                      0.170
5 BCS 13 19,265 250,445                      0.250
6 BS Accounting and Finance 4 21,869 87,476                      0.087
7 MBA (3.5) 5 20,033 100,165                      0.100
8 MBA 1.5 (Islamic Banking & Takaful) 1 18,500 18,500                      0.019
9 MBA 1.5 13 20,602 267,826                      0.268
10 MSc Development Studies 2 20,300 40,600                      0.041
11 MSc Finance 1 23,668 23,668                      0.024
12 MSc Economics 2 22,750 45,500                      0.046
13 MS Project Management 2 22,750 45,500                      0.046
14 Ph. D Computer Science 2 73,300 146,600                      0.147
  Total 115 341,350 2,382,371                      2.382
           
  IMSciences Staff Fee Rebate        
           
Sr # Programme / Discipline No of Slots Amount Per Student  Scholarship Amount  Rs. In Millions 
1 Ph. D Management Sciences Session 2014 3 73,300 219,900                      0.220
2 Ph. D Islamic Banking and Takaful 2 80,630 161,260                      0.161
3 MBA 2.5 1 49,170 49,170                      0.049
4 MBA 1.5 Islamic Banking and Takaful 1 49,170 49,170                      0.049
  Total 7 252,270 479,500                      0.480
           
  IM|Sciences Semester Wise Gender and Merit Based Scholarships      
           
Sr # Scholarship Programme / Discipline No of Slots Amount Per Student / Year Scholarship Amount  Rs. In Millions 
1 IMSciences Trust Semesterwise Merit Scholarships 260 10,000 2,600,000                      2.600
2 IMSciences Gender Based Merit Scholarships for MBA (B&F) 10 85,300 1,550,000                      1.550
3 IMSciences Gender Based Merit Scholarships for BSc (Economics) 30 77,700 2,580,000                      2.580
  Total 300                                  173,000                        6,730,000 6.730
           
  Donor Scholarships        
           
Sr # Scholarship Programme / Discipline No of Slots Amount Per Student / Year Scholarship Amount  Rs. In Millions 
1 Prime Minister Scholarship Scheme for FATA, Balochistan and Gilgit Masters and Ph. D Students  846 53,200 45,007,200                   45.007
2 National Testing Service Need Based Merit Scholarships Under graduate Level  35 142,900 5,001,500                      5.002
3 National Testing Service Need Based Merit Scholarships MS Level 20 154,900 3,098,000                      3.098
4 Chief Minister Education Endowment Fund Need Based Merit Scholarships Undergraduate Level 8 215,000 1,720,000                      1.720
5 HEC-US Need Based Merit Scholarship Programme Graduate MBA - Phase II 20 174,300 3,486,000                      3.486
6 HEC-US Need Based Merit Scholarship Programme Graduate BBA - Phase II 22 166,700 3,667,400                      3.667
7 HEC French Need Based Merit Scholarship Programme Undergraduate Level - 2012 5 121,000 605,000                      0.605
8 HEC French Need Based Merit Scholarship Programme Undergraduate Level - 2014 15 50,000 750,000                      0.750
9 HEC French Need Based Merit Scholarship Programme Undergraduate Level - 2015 15 50,000 750,000                      0.750
10 HEC Need Based Merit Scholarships Undergraduate Level - 2011 and 2012 61 132,200 8,064,200                      8.064
11 IMSciences FATA Scholarship Programme (FATA Secretariat) Session 2012 13 107,500 1,397,500                      1.398
12 IMSciences FATA Scholarship Programme (FATA Secretariat) Session 2013 13 126,200 1,640,600                      1.641
13 IMSciences FATA Scholarship Programme (FATA Secretariat) Session 2014 13 136,400 1,773,200                      1.773
14 IMSciences FATA Scholarship Programme (FATA Secretariat) Session 2015 13 146,040 1,898,520                      1.899
15 IMSciences FATA Scholarship Programme (FATA Secretariat) Graduate Level Session 2014 8 142,200 1,137,600                      1.138
16 IMSciences FATA Scholarship Programme (FATA Secretariat) Graduate Level Session 2015 8 153,340 1,226,720                      1.227
17 IMSciences FATA Scholarship Programme (FATA Secretariat) MS Level Session 2014 2 158,000 316,000                      0.316
18 Bank of Khyber Need Based Scholarships for MBA Islamic Banking and Takaful 4 75,000 300,000                      0.300
19 Al Hafiz Group of Industries Need Based Scholarships 3 86,667 260,000                      0.260
20 Govt of KPK Award of Scholarships to Minority Students  1 20,000 20,000                      0.020
21 Board of Intermediate and Secondary Education Peshawar Talent Scholarships 1 24,000 24,000                      0.024
22 Government of Khyber Pukhtunkhwa Workers Welfare Board, Peshawar, Directorate of Education Scholarship Programme 12 172,016 2,064,192                      2.064
23 Dr. Hidayatullah Need Based Scholarship Programme 7 85,964 601,750                      0.602
24 Tribal Areas Political Scholarships Undergraduate Level 7 2,500 17,500                      0.018
25 Tribal Areas Political Scholarships Graduate Level 6 3,000 18,000                      0.018
  Total 1158                        2,699,026.95               84,844,882.00 84.845
           
  Student Loan Programmes        
           
Sr # Loans No of Slots Amount Per Student / Year  Financial Aid Amount   Rs. In Millions 
1 National Bank Loan Scheme for Pakistani Students 3 152,900                           458,700                      0.459
4 Ihsan Trust Loan Scheme Batch 4th 16 46,450                           743,200                      0.743
  Total 19                           199,350.00                 1,201,900.00                      1.202
           
  USEFP Global UGRAD Global Exchange Programmes  
           
  1. USEFP Global UGRAD Leadership Exchange Programme to USA 
  2. USEFP Global UGRAD Comparative Public Policy Exchange Programme to USA 
  3. USEFP Global UGRAD Pakistan North East South Asia Education Exchange Programme (NESA) 
  4. USEFP Global UGRAD Pakistan Student Exchange Women Leadership Programme 
  5. Near East and South Asia Undergraduate Level Cultural Exchange Program (NESA)
  6. Mahvash and Jahangir Siddiqui Foundation and Sajjad Foundation (Singapore) sponsored Summer Program on Economic and Enterprise Development in National University of Singapore (NUS)
  7. AIESEC Internship in Columbia     
           
Sr # International Students Exchange Programme No of Slots Amount Per Student / Year  Financial Aid Amount   Rs. In Millions 
1 USEFP Undergraduate Level Global Exchange Programme (1 Semester) 7 4,500,000                     31,500,000                   31.500
2 Near East and South Asia Undergraduate Level Cultural Exchange Program (NESA) (1 Year) 1 4,250,000                        4,250,000                      4.250
3 Mahvash and Jahangir Siddiqui Foundation aand Sajjad Foundation (Singapore) sponsored Summer Program on Economic and Enterprise Development in National University Singapore (NUS) (Two Weeks) 2 1,200,000                        2,400,000                      2.400
4 Mevlana Cultural Exchange Program, Govt of Turkey (1 Semester) 4 2,500,000                     10,000,000                   10.000
  Total 14                           12,450,000                     48,150,000                   48.150
           
           
  Total Scholarships / Grants        
           
Sr # Scholarship Programme / Discipline No of Slots Total Amount  Rs. In Millions 
1 IMSciences Partial Scholarships 318 20,870,230                   20.870
2 Brother / Sister (Sibling) Fee Rebate 115 2,382,371                      2.382
3 IMSciences Staff Fee Rebate 7 479,500                      0.480
4 IM|Sciences Semester Wise Gender and Merit Based Scholarships 300 6,730,000                      6.730
5 Donor Scholarships 1158 84,844,882                   84.845
6 Loan Schemes 19 1,201,900                      1.202
8 International Cultural Exchange Programmes 14 48,150,000                   48.150
  Total 1,931 164,658,883                164.659