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Financial Assiatance

Qarz E Hasna

Financial Assiatance

Body of literacy development (BOLD) recognizes that large number of talented students who manage to get admissions in higher education institutions on merit do not possess means to finance their tuition fee and living expenses during their course of study. Consequently, they are liable to either drop out or do odd jobs to support themselves which affects their grades and thus future job prospects. In order to facilitate such students the foundation has embarked upon a program to give interest free loans (qarz e hasna) with the agreement from the students to return the loan in installments once they complete their education and find a job or source of income. The funds returned are then recycled to grant new loans.

  • Only students of government institutions can apply for Financial Assiatance.
  • Students have atleast 60% marks in latest degree
  • Only Deserving student are eligible for Financial Assiatance.