KARACHI: The University of Karachi has inked a memorandum of understanding (MoU) with the University of Karachi Alumni Association, Houston, Texas (UKAHA) in the United States for the provision of “need-based” scholarships to students.
The scholarships will be provided for two semesters and students from eight different departments including international relations, economics, psychology, mass communication, chemistry, statistics, mathematics, and computer science will be able to benefit from the opportunity.
The MoU for the financial assistance programme titled “UKAHA Academic Achievement Award” was signed between UoK Vice Chancellor Dr Khalid Mahmood Iraqi and UKAHA Houston President Muhammad Azam Akhtar with the former lauding the alumni body role in assisting students and its commitment to their alma mater.
“Our students have good potential and that is why they are making a name around the globe, and they never forget their university and are always available to help the students studying in different departments,” Dr Iraqi said.
It is to be noted that the UKAHA — owing to inflation and increased living costs — has increased the annual financial grant to Rs one million from the previous Rs500,000 under the 2019 agreement.
Expressing his views on the occasion, UKAHA Houston President Akhtar credited the varsity and its faculty for playing an instrumental role in their success and reassured the alumni body’s support to the students in future as well.