GCU Endowment Fund: Bank Al Habib donates Rs one million

The number of golden scholarships for deserving students offered by the Government College University Lahore Endowment Fund Trust (GCU EFT) on Friday increased to 20 after a private bank (Bank Al-Habib) donated Rs 1 million to the Fund for initiating another life-time golden scholarship.
The perpetual golden scholarship to be named after the Bank would be given to a deserving GCU student every year on merit. The scholarship covers the university fee as well as hostel expenses.
Bank Al-Habib's General Manager (Central) handed over a Rs 1 million cheque to GCU Vice-Chancellor Professor Dr Muhammad Khaleequr Rahman, while GCU EFT Executive Committee Secretary Dr Khalid Manzoor Butt. "This is the second golden scholarship donated by the private bank (Bank Al-Habib) to GCU-EFT. They have pledged to donate a scholarship every year, so that deserving students can continue their studies without any financial burden," said Dr Butt.