Karachi, June 27, 2023: Bank Alfalah, one of the biggest commercial banks in Pakistan, has partnered with Habib University to establish a scholarship fund for students aspiring to pursue higher education. The fund will comprehensively cover all educational expenses throughout the four-year degree programme to offer financial assistance to deserving students and guarantee their access to education.
Bank Alfalah has pledged an annual commitment of PKR 6.4 million (amounting to PKR 25.6 million) over four years to support select applicants pursuing social sciences and engineering studies. As part of the program, four high-merit and deserving students will get equal educational opportunities, promoting inclusivity by focusing on women and differently-abled applicants. The recipients of the scholarships will be honoured as ‘Alfalah Scholars’.