Gandapur announces doubling of seed money for CM’s education endowment fund

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DLP Report
PESHAWAR
Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has announced the doubling of the seed money for the Chief Minister’s Education Endowment Fund (CMEEF) from Rs 1.2 billion to Rs 2.4 billion.
He also revealed plans for the provincial government to reduce tuition fees by half in all public sector higher education institutions starting from the next fiscal year.
To achieve this goal, the provincial government is focusing on boosting revenue through enhanced resource mobilization.
Over the past nine months, the government has successfully increased provincial revenue by 44PC, demonstrating significant progress in its financial strategy.
He expressed these views while addressing a scholarship distribution ceremony under the Chief Minister’s Education Endowment Fund at the Chief Minister’s House, Peshawar, on Tuesday.
The event was attended by Provincial Minister for Higher Education Meena Khan Afridi, high ups of higher education department, students and their parents.
In his address, the Chief Minister said that an endowment fund with Rs Two billions as seed money has been established to provide free education up to Grade 12 for girls and orphan children.
“We will invest maximum resources in the education and future of our children to transform our youth into a true national asset,” the Chief Minister said.
The Chief Minister expressed his confidence in the youth, stating, “I believe our young people will make not only the province but also the nation proud on both national and international platforms, showcasing the positive image of Islam and Pakistan globally.
The provincial government is fully committed to supporting them.”
He felicitated the students and their parents on achieving scholarships, saying, “I commend the hard work of students and their families on achieving these scholarships.”
On the occasion, the Chief Minister distributed scholarship certificates among 82 students.
These fully-funded scholarships cover tuition fees, free accommodation, and food allowances. So far, under the CM Education Endowment Fund, scholarships worth Rs 615 million have been awarded to 526 students, including 366 undergraduate and 150 graduate scholarships, enabling students to study at top notch educational institutions in Pakistan.
Additionally, 10 graduate scholarships have been granted to students for studies at international universities.