Due to negligence, Karachi University has squandered millions of rupees from the Ehsaas Scholarship Program, the country’s largest need-based scholarship scheme.
According to data, Karachi University’s administration has spent more than Rs. 100 million from the scholarship program on wages and leave encashment for university personnel.
The money was given to Karachi University by the Higher Education Commission (HEC) and was intended to be divided among the university’s meritorious students.
Thousands of outstanding students, however, have been denied well-deserved scholarships due to Karachi University’s gross financial mismanagement.
The HEC, on the other hand, has addressed an official letter to the university’s Finance Department, requesting a thorough explanation of the situation as soon as possible.
Prime Minister Imran Khan established the Ehsaas Scholarship Initiative in November 2019 as part of the wider Ehsaas Program, the current federal government’s biggest social safety net program.
Since 2019, the Ehsaas Scholarship Program has paid academic fees and offered annual stipends to approximately 92,000 brilliant students from all around the country who come from low-income families.