New scholarship program launched
PESHAWAR: The KP government has launched a scholarship program under the Khyber Pakhtunkhwa Education Foundation for students of higher educational institutions.
In this regard, a ceremony was held at the Chief Minister’s Secretariat in Peshawar chaired by Chief Minister Ali Amin Khan Gandapur and attended by Minister for Higher Education Meena Khan Afridi, Secretary Higher Education Kamran Ahmad Afridi, Managing Director of the foundation Zariful Maani and other officials.
Under the program, scholarships will be provided to 204 students based on merit and inaffordability. The initiative will cost Rs20 million during the current fiscal year. Through these scholarships, students will be able to get free education in different higher educational institutions across the country.
On this occasion, the chief minister also announced special scholarships for students from backward districts. He stated that the government would provide an additional amount of Rs100 million as the seed money for this purpose. This will enhance the scholarship seed money from Rs300 million to Rs400 million. The additional Rs100 million will be exclusively allocated for scholarships for students from underprivileged areas.
The chief minister stated that the seed money for the Chief Minister’s Education Endowment Fund had also been enhanced from Rs1.2 billion to Rs2.4 billion while a separate fund of Rs2 billion had been established for the education card in the province.