There’s been a big announcement from the University of Home Economics about lower fees for the upcoming academic year. A budget of Rs. 1.14 billion, which includes several financial initiatives to lessen the financial load on students, has been approved by the syndicate.
The two biggest adjustments are a 31% decrease in intermediate fees and a 38% decrease in MPhil prices for new applicants. The institution has also chosen to freeze housing and transport costs, providing additional assistance to students and their families.
An additional Rs. 315 million is allocated in the budget for the university’s endowment fund. Members of the Syndicate recently approved a number of significant topics, including instructions for exams, rules regarding financial help and scholarships, and regulations regarding the hostel. Additionally, funds have been set aside for pension plans and Zakat.
In accordance with the policies of the Punjab government, the budget incorporates increases in salaries for university workers and academics. The institution intends to start up new research journals and has set aside Rs. 4 million for projects related to research and development.
To the members of the Syndicate, Vice Chancellor Prof. Dr. Faleeha Zahra Kazmi gave a progress report. Dr. Farrukh Naveed, the secretary of higher education, Dr. Rukhsana David, Shahid Mehmood, Muhammad Anwar Rasheed, Dr. Umbreen Javed, and Registrar Shujaat Maneef Qureshi were present at the meeting.
The budget reflects the policy of the Punjab government to raise university employees’ and teachers’ pay. Additionally, the institution intends to introduce new research journals and create course plans in a variety of areas, allotting Rs. 4 million for research projects.
The syndicate members were also given access to the status report by Prof. Dr. Faleeha, Vice Chancelor of the University of Home Economics. Prof. Dr. Faleeha underlined that in order to guarantee that students obtain a top-notch education at the government, the budget has been created to meet their needs and improve their facilities.
