Fees & Financial Aid
Scholarships & Financial Assistance
UCP offers 100% tuition fee waiver in the form of merit scholarships on the basis of academic excellence in F.A/F.Sc and B.A/B.Sc examinations held under annual system of examination. Eligibility for merit scholarships is determined on the basis of three ‘As’ in A-level secured in one attempt for BBA/BS Programs or 75% aggregate marks in:
- F.A/F.Sc examination for BBA/BS Programs
- B.A /B.Sc examination for MBA/MS Programs
UCP also offers 50% tuition fee waiver on the basis of 70% marks in F.A/F.Sc and B.A/B.Sc examinations held under the annual system of examination or 2 ‘Bs’ or better in A Level secured in one attempt.
Scholarship granted students receive exemption of tuition fee in the first semester. Tuition fee exemption is extended to subsequent semesters if student maintain CGPA of 3.80 or higher. If a student on merit scholarship fails to achieve a CGPA of 3.80 or higher but has a CGPA of 3.50 or higher than 50% of the tuition fee waiver is given in the subsequent terms. If it falls further to any level between 3.50 to 3.25, the concession is further reduced to 25% of the concession being availed. A position holder in Board / University will also be offered merit scholarship on the aforementioned criteria.
PGC Fee Concessions are offered to alumni of all its institutions at the rate of 50% of the tuition fee. Such students are required to maintain a minimum CGPA of 3.00 to continue availing the fee concessions. If the CGPAs of such students fall between 3.00 to 2.75, their fee concessions would be reduced to 50% of the concession being availed. If the CGPA falls further from 2.74 to 2.50, the concession is reduced to 25%.
Scholarships based on academic performance are awarded to all students in form of 50% of the fee concession on attaining CGPA of 3.90 and above or 25% on achieving CGPA from 3.50 to 3.89 CGPA in a semester.
University of Central Punjab Scholarships are awarded to students of second and subsequent semesters as cash awards of Rs. 10,000/- each if they secure a CGPA of 3.90 or higher for academic programs. The amount of the UCP Scholarship shall be in addition to the Fee Concession of 50% allowed to students having CGPA of 3.90.
Conditions for Cash Scholarship are given as under:
- Taking prescribed full load of courses.
- No record of any disciplinary action.
(The fee concessions/scholarships are exclusively for academic programs of the morning session).
For the evening programs (MBA-Exec and MBA-Banking & Finance) the discount allowed for PGC students is 25% of tuition fee. The 25% fee waiver to PGC students (except the merit scholarship) continues for subsequent semester if a student maintains a CGPA of 3.00 or higher. Scholarships based on academic performance are awarded to the evening students as 25% of the tuition fee, on attaining a CGPA of 3.90 or above.
25% fee concession on basis of kinship is also available to siblings. This concession is subject to maintaining a CGPA of 3.00 in the subsequent semesters.
100% Fee concession is allowed to students with major disability and 50% to students with minor disability. Such a concession requires maintaining a CGPA of 2.80 in both cases.
Teaching/ Technical Assistants
UCP encourages hardworking, outstanding and professionally competent students engaging them with the management of computer labs or with the faculty as Teaching Assistants (TA). TA’s are normally appointed for one term and are paid a stipend for giving no more than 10 hours per week to the institution. It provides them an opportunity to earn and learn.
Faculty Development Program
UCP offers financial assistance to faculty members who want to enhance their qualifications under the Faculty Development Program. Various financial schemes are offered to those who enroll themselves in Ph.D, M.Phil, or MS programs at UCP.
Options available to faculty members are as such:
- 100% fee concession: minimum 3 years of service. A surety bond for 4 year of service at UCP after completion of the program.
- 50% fee concession: minimum 3 years of service. No surety bond.
- 25% fee concession: minimum one year of service. No surety bond.
Fee installments are allowed on monthly basis in case of option 2 & 3.