Virtual University VU Pakistan Endowment Fund voucher to newly admitted students of Fall, 2016
Students are informed that the University has issued Endowment Fund voucher to newly admitted students of Fall, 2016, amounting to Rs. 1,000/- for local students and $10 for overseas students with due date December 15, 2016.
Student Endowment Fund
The University, after due approval of its Board of Governors (BoG), is launching an “Endowment Fund”. The fund will be managed through contributions by the University, its students, alumni and other donors (i.e corporate sector, individuals etc). The main objective is to ensure funding for Research and Scholarships.
The BoG has authorized the University to collect Rs. 1,000/- per student w.e.f Spring, 2016.
In this connection, the fee vouchers generated for Spring, 2016 will contain Rs. 1,000/- for local students and $10 for overseas students as contribution towards the Endowment Fund. This will be a “one-time” contribution from all existing and newly admitted students; w.e.f Fall, 2016, only newly admitted students will contribute towards this account