Scholarships and Financial Assistance

To recognize students’ academic achievements and inspire them to reach even greater heights, KSBL
provides generous merit-based scholarships, including the following:

Merit Scholarships

1. Merit Scholarship for Undergraduate Students (New Intake – Based on Previous Grades)
2. Merit Scholarship for Graduate Students (New Intake – Position Holder (Gold, Silver & bronze
   medalist).
3. GPA based Scholarship for All Enrolled Students.

Merit Scholarships for Undergraduate Programs Based on Previous Grades
To promote equal educational opportunities, KSBL offers generous merit-based scholarships to all
prospective students irrespective of their religious, ethnic, racial, gender, or socio-economic background.
These scholarships enable talented students to pursue their four-year undergraduate degree without
financial barriers.

Types of KSBL Merit-Based Scholarships:

1. KSBL Grand Scholarship
2. KSBL Achiever Scholarship
3. KSBL Aspirer Scholarship

Each of these scholarships offers a tuition fee waiver ranging from 20% to 100% for one semester, based
on the student’s academic performance and merit.

GPA-Based Scholarships for All Programs:

KSBL recognizes and rewards academic excellence through GPA-based scholarships available to students
across all programs. These scholarships are awarded for the next semester’s tuition fee only, based on the
semester’s GPA.

Scholarship Award Tiers:

• 10%, 50%, or 100% tuition fee waiver
• Based on a GPA ranging from 3.5 to 4.0

To qualify for GPA-based scholarships, students will have to assume a regular course load assigned by
the Institute. A GPA earned with a course load below this standard in any semester will not be considered
for scholarship eligibility. To retain the scholarship, students must adhere to the student code of conduct,
avoiding any violations.

Financial Assistance

To ensure that education remains accessible to talented individuals regardless of their financial background,
to reduce barriers to learning, and to allow students to focus on their academic pursuits without the burden
of financial stress, KSBL offers 50% students financial assistance in the form grants and zakat assistance,
and interest-free loans. Besides, KSBL offers alumni and corporate discounts and fee waiver to disabled
students.

KSBL Need Based Grants

KSBL provides need-based grants or fee waivers covering up to 50% of tuition fees for the entire program.
These grants are awarded based on a computerized need assessment formula, which determines the amount
of financial assistance according to the student’s need assessment score. Only enrolled students are eligible
to apply.

To apply for the grant, students may use the following link, log in with their personal email ID, fill out the
application, and upload all the required documents.

https://admissions.colaraz.com/login

Documents Required for Need-based Grant Application:

1. Cover application letter explaining your need for Financial Aid (around 200-250 words) *
2. Income Proof of last 3 Months (can be in the form of Salary/Pension Slips, Bank Statement, Rent
   Income) *
3. Copies of last 3 Months utility bills (Electric, Gas, Phone) *
4. CNIC photocopies (Self & Parents) *
5. Certificate of Domicile*
6. Attested copy of Tenancy agreement (if applicable)
7. Dependent(s) Education Fee Receipt (if applicable)
8. Dependent(s) Healthcare bills (if applicable)
9. Tax Returns (if available)

For uploading more than one document under one head, these documents may be zipped.

Note: Either merit scholarship or grant, whichever is heavier, will be admissible to a student at a time.

Zakat Assistance

KSBL facilitates Zakat assistance for eligible students who approach the student financial assistance office
and submitting an application form.

KSBL Loan

KSBL offers an Interest-Free Loan (ISA) to support students in their educational pursuits.
Third Party Loans (Ihsan Trust)
KSBL also arranges third party interest free loans/Qarz-e-Hasna for its students.

Alumni Discounts

KSBL offers 20% waiver on fee to its alumni who enroll for another program later.

Corporate Discounts

Special custom-made offers for fee waivers are available for the institutions. Employees of KE and Engro,
as well as members of ICAP, CFA Charterholders, ACCA, and ICMAP, are eligible for a 25% corporate discount.

Disabled Students Grants

KSBL provides financial assistance to students with disabilities to support their education, based on the
severity of the disability.

Paid Internships/Research Assistance-ship

KSBL also offers opportunities for students to learn and earn through various paid offerings, like internships
and research assistance-ships.

For further information, please contact:

Financial Assistance Department
Email: financialassistance@ksbl.edu.pk
Phone: +92 (21) 38771999 Ext: 771 – 772
UAN: +92 (21) 111 11 KSBL (5725)