80,000 students get PEEF scholarships in five years

LAHORE: Punjab Educational Endowment Fund (PEEF) has so far provided more than 80,000 scholarships worth Rs 4.2 billion to the talented but poor male and female students during last five years from 2009 to 2014.

PEEF under the chairmanship of the Punjab Chief Minister Muhammad Shahbaz Sharif, is providing equal opportunities to the girls and boys to obtain education from Matric to Master level in the best educational institutions of the country including LUMS,FAST University, GIK Institute ,NUST and many others.

This was stated by Dr Kamran Shams Chief Executive Officer PEEF and MPA Bushra Anjum Butt,member Board of Directors of the PEEF along with their senior team members during a news briefing here Friday.

Bushra Butt stated that the capital of PEEF has increased from Rs 1 billion to 11 billion during last five years while renowned international donor agencies including UK Aid and DFID also collaborating in various projects. She added that on the directions by the CM Muhammad Shahbaz Sharif,audit of the organization is being conducted by one of top three audit firms of international repute to ensure transparency.

CEO Kamran Shams said that PEEF launched another unique project to provide professional skills’ training to the students getting scholarships at the Youth Development Centre Murree (YDC) with the aim to groom their personality.

He said that PEEF prepared a comprehensive strategy to increase the scope of the PEEF to provide financial assistance to more number of talented but poor students of far-flung areas of the country.

Source: APP