PEF issues 10,000 vouchers for needy students

Lahore, Around 10, 000 new vouchers has been announced by Punjab Education Foundation (PEF) for the students who can’t pay their school dues and residing in southern Punjab districts. The vouchers would be provided after the verification of their backgrounds.

PEF spokeperson revealed that the provision of vouchers will be made to schools functioning under the EVS program of free education and will support the needy students to get educational opportunities up to matric level.

"These vouchers has been issued to 110 private schools functioning in the districts of Rajanpur, Dera Ghazi Khan and Muzaffargarh” PEF spokesperson said.

The Punjab Education Fund (PEEF) is a non-profit government body under the leadership of Chief Minister, Mr. Muhammad Shahbaz Sharif. To make it more efficient, transparent in its functioning, it is registered as Public Limited Company under section 42 of the Companies Ordinance, 1984.

PEEF is established to provide scholarships to talented and needy students for chasing quality education with equal opportunities. The Punjab Educational Endowment Fund endeavors to bring best educational prospects to the less privileged and talented youth of Punjab, and bring them at par with the most fortunate ones This endowment fund was initially established with of Rs. 2 billion, which has now been raised to Rs. 8 billion.

The Govt. of the Punjab has pledged to raise the endowment fund to Rs. 10 billion in the next 2-3 years. Only investment proceeds out of this fund are utilized for the award of scholarships.

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