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VIRTUAL UNIVERSITY OF PAKISTAN STUDENT SCHOLARSHIP REGULATIONS

VIRTUAL UNIVERSITY OF PAKISTAN
STUDENT SCHOLARSHIP REGULATIONS, 

1.      TITLE

 

These Regulations may be called the “Student Scholarship Regulations, ".

 

2.      COMMENCEMENT

 

These Regulations shall come into force with immediate effect.

 

3.      APPLICATION

 

These Regulations shall apply to regular students of the Virtual University of Pakistan registered for degree programs representing fourteen or sixteen years of education.

 

4.      DEFINITIONS

 

In these Regulations unless there is anything repugnant in the subject or context:-

a)      "Board" means the Board of Governors of Virtual University of Pakistan.

b)      “Campus” means a campus of the Virtual University of Pakistan.

c)      "Chairman" means Chairman of the Management Committee.

d)      "Director Finance" means the Director Finance of the University.

e)      "Management Committee" means the Committee constituted by the Virtual University of Pakistan under these Regulations for the purpose of managing the financial assistance for the students.

f)        "Member" means a member of the Management Committee.

g)      “Merit List” means a list of students ordered either by percentage marks or Cumulative Grade Point Average.

h)      "Rector" means the Rector of Virtual University of Pakistan.

i)        "Secretary" means the Secretary of the Management Committee.

j)         “Student” means a registered student of Virtual University of Pakistan;

k)      "University" means the Virtual University of Pakistan.

 

All other terms and expressions shall have the same meaning as assigned to them under the Virtual University of Pakistan Ordinance 2002.

 

5.      AIMS AND OBJECTIVES

 

The University intends to provide scholarships to students:

a)      Merit-based, to encourage healthy academic competition amongst students and

b)      Need-based to provide financial assistance to deserving students.

 

6.      MANAGEMENT COMMITTEE

 

The award of scholarships shall be managed by a Management Committee comprising:

 

i.         Registrar

Chairman

ii.       Controller of Examinations

Member

iii.      Two Regional Campus Managers nominated by the Rector

Members

iv.     Director Finance

Member/Secretary

a)      The term of office of the nominated members shall be two years.

b)      The Committee shall meet at least twice during an academic year.

 

7.      MERIT SCHOLARSHIPS

 

a)      Scholarships shall comprise remission of the applicable tuition fee only; students shall have to pay all other dues.

b)      Scholarships shall be valid for one semester only, covering a period of six months from the commencement of the semester.

c)      Scholarships may be awarded only to students who:

i.         follow the defined scheme of studies of the applicable program without a break in their studies;

ii.       are not in receipt of any other scholarship / financial assistance and,

iii.      have not changed their study or degree program during the course of their studies.

d)      The scholarship shall be terminated if the student freezes / withdraws / discontinues studies or is found guilty of cheating or using unfair means in academic activities.

e)      In order to remain eligible for the award of merit scholarships, continuing students must not have any repeat/fail courses.

f)       Award of scholarships to newly admitted students

i.         The University shall compile separate Merit Lists for each of its programs on the basis of the examination on which the admission was granted.

ii.       Students who have obtained at least 65% marks OR minimum CGPA of 3.0 out of 4.0 OR minimum CGPA of 4.0 out of 5.0 (as applicable) shall be eligible for the award of a merit scholarship.

iii.      The top three students on each Merit List shall be awarded merit scholarships subject to Clause 7(f)(ii).

iv.     In case of any tie in the determination of merit, the marks/CGPA obtained by the students in the examination preceding the one on which the merit list was created, shall be considered; any remaining tie will be resolved on the basis of dates of birth, with the youngest being given precedence.

g)      Award of scholarships to continuing students

i.         The University shall compile separate Merit Lists for each of its programs on the basis of semester GPA.

ii.       Students who have obtained a minimum semester GPA of 3.25 while maintaining a CGPA of at least 3.00 shall be eligible for the award of a merit scholarship.

iii.      The top three students on each Merit List shall be awarded merit scholarships subject to Clause 7(g) (ii) above.

iv.     In case of any tie in the determination of merit, the overall percentage marks for the semester shall be considered; any remaining tie will be resolved on the basis of dates of birth, with the youngest being given precedence.

 

8.      NEED BASED SCHOLARSHIPS

 

a)      Scholarships shall comprise partial or full remission of the applicable tuition fee only; students shall have to pay all other dues. .

b)      Scholarships shall be valid for the minimum duration of the respective degree program.

c)      Scholarships may be awarded only to students who:

i.         follow the defined scheme of studies of the applicable program without a break in their studies;

ii.       are not in receipt of any other scholarship / financial assistance; and

iii.      have not changed their study or degree program during the course of their studies.

d)      The scholarship shall be terminated if the student withdraws from the University or is found guilty of cheating or using unfair means in academic activities.

e)      The scholarship shall stand suspended if the student freezes his/her studies provided that the request for semester freeze was submitted within four weeks of the commencement of the semester. Studies discontinued after the first four weeks of the semester shall result in termination of the scholarship.

f)        In order to remain eligible for the scholarships, continuing students must not have any repeat/fail courses.

g)      The number and amount of scholarships shall be determined each year by the Management Committee based on the amount allocated in the annual budget.

h)      Award of Need Based scholarships to newly admitted students

i.         Students intending to avail Need Based scholarships shall apply on the prescribed form at the time of filing the admission application.

ii.       Students who have obtained at least 60% marks OR minimum CGPA of 2.5 out of 4.0 OR minimum CGPA of 3.5 out of 5.0 (as applicable) shall be eligible for the award of a Need Based scholarship.

iii.      The University shall compile separate Merit Lists of the eligible applicants for each of its programs on the basis of the examination on which the admission was granted.

iv.     The top students on each Merit List shall be awarded Need Based scholarships subject to Clause 8 (h)(ii) above.

v.       In case of any tie in the determination of merit, the marks/CGPA obtained by the students in the examination preceding the one on which the merit list was created, shall be considered; any remaining tie will be resolved on the basis of dates of birth, with the youngest being given precedence. 

i)        Award of Need Based scholarships to continuing students

i.         Students who are availing Need Based scholarships must achieve a minimum semester GPA of 2.25 while maintaining a CGPA of at least 2.50, failing which the scholarship shall stand withdrawn.

ii.       Such students whose scholarship has been withdrawn for not maintaining the required CGPA of 2.50 will become re-eligible for the scholarship upon achieving the required CGPA. However, the resumption of the scholarship shall be subject to the availability of funds.

iii.      The scholarship of such students, who had discontinued their studies through semester freeze, may be resumed provided the total duration of the freeze period does not exceed two semesters. However, the resumption of the scholarship shall be subject to the availability of funds.

 

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