Government College University Lahore Endowment Fund Trust has signed a Memorandum of Understanding (MoU) "Help the Helpless" with an American-based educational foundation, Promotion of Education in Pakistan (PEP), USA to give scholarships to the poor and deserving students of GCU who cannot afford their academic expenses.
GCU Vice Chancellor Professor Dr Ikramul Haq and PEP President, Professor Dr Khalid Iqbal signed the agreement after which the American-based educational foundation gave away an initial donation of rupees two million to the Trust for initiating the scholarships. GCU and PEP also agreed on establishment of a collective fund "Student Scholarship and Immediate Needs (SAIN)" at the GCU Lahore by way of pooling resources.
PEP President, Professor Dr Khalid Iqbal said that in the past a nation could survive with an unskilled labour force. However, survival of the fittest in the 21st century will require a nation's masses to be educated in logical thinking, reasoning and modern skills. "Unfortunately, education sector in Pakistan is amongst the weakest in the modern nations," he said. He observed that quality education is limited to only a few institutions.