Student Welfare Fund

The UIT offers financial assistance to deserving students in the form of scholarships and loans. The Student Welfare Fund Committee scrutinizes the applications of students seeking financial aid and sanctions assistance for those who demonstrate need. The Student Welfare Fund Committee is responsible for assisting students who find themselves in financial difficulty.

INAUGURATED IN OCTOBER 2004:

Total Donations Received in the A/c of SWF:     6,197,825/-

SCHOLARSHIPS/FULL/PARTIAL/LOAN:

FULL/PARTIAL SCHOLARSHIPS                    4,253,750/-

LOAN REFUNDABLE                                        1,239,100/-

Total number of students benefited from SWF: 270

Purpose and Need

This Fund is established for providing assistance to meritorious and needy students.

• The representatives from the students are selected from those who volunteer themselves for the cause.
  
  
• They are responsible for interaction between students, teacher and the management of the institution.
  
  
• Managing committee will look into each case separately and decide about the category from which the grant is to be given to the student (qarz-e-hasanah or scholarship).
  
  
• The fund consists of donations, zakat, charities, interests and such other sources that are allowed by the Managing Committee.
  
  
• Zakat account be maintained separately in the conformity with Shariah requirement.
  
  
• As the committee ensured that UIT collects and gives the amount according to the requirement of shariah so the committee offers those who do not use the mark-up given by banks on their deposited amount to please donate such amount in the account of UITSWF directly i.e. (1004-0081-038628-03-06) so it could help the needy who is entitled for this and to whom such kind of amount is permissible.
  
  
• The committee separately maintain all accounts and generates annual audit report of this fund.
  
  
• Cash Inflow and outflow are properly managed in the respective heads which are,
  1. Donations
  2. Zakat
  3. Interest (Mark-up)
  4. Others
  

• Providing Text and Reference books
• Assistance in examination, admission and semester fees
• Qarz-e-Hasna.
• Scholarships and Assistantship.
• Student Study Circle

• Chairman
  Director Academic & Administration
• Secretary
  Assistant Professor, Emad Mufti
• Treasurer
  Director Finance
• Two Members from UIT faculty.