FEE STRUCTURE of LUMS

LUMS attracts most of my students and so I’m frequently asked about the details and the fee structure of the undergraduate program there. Before I walk you through the fee structure along with other costs, let me give you a few other points that you’ll need to know.

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  • Tuition Fee at LUMS for all undergraduate programs is based on the number of credit hours taken.
  • The cost per credit-hour at LUMS for undergraduate programs for 2018-19 is PKR 26,000/-. You will be responsible for buying your own books and other reading material.
  • For all undergraduate programs at LUMS, full-time status requires 12 credit hours per semester. Students who have paid full-time tuition can take up to a maximum of 20 credit hours per semester without any additional charge (i.e. a student who has paid full-time tuition fee can take between 12-20 credit hours per semester without any extra charge).
  • SBASSE undergraduate students will be charged Lab charges for the maximum of 4 years only. SBASSE students who require to take courses beyond this will not be charged any additional Lab charges (if 4 years lab fee has already been charged).
  • Through an amendment in the Income Tax Ordinance 2001 by Finance Act 2013, advance tax (under section 236 I) shall be collected at 5% on the entire amount of fee (if Student Payable exceeds Rs. 200,000/- per annum excluding the amount refundable).
  • In case of withdrawal from the program, fee will be refunded according to the fee refund policy available at LUMS website
  • University fees are usually announced once a year, for the following academic year. However, fee rates are subject to change without notice
  • Fee payment instructions are given on the fee voucher: LUMS also has an online payment facility
  • Students that live outside Lahore are a priority when it comes to allocating hostel rooms as compared to the ones who live in Lahore

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Now, let’s move on with the fee structure:

  • The total cost of the undergraduate programs (12-20 hours) is Rs. 312,000/- (per semester) so that adds to Rs.624,000/- per year
  • If you need additional credit hours the cost of per credit hour is Rs. 26,000/-
  • The admission for undergraduate sessions is Rs. 72,700/- (One time charge)
  • Undergraduate sessions require a registration fee of Rs. 23,150/-  (per semester)
  • Lab Charges (For SBASSE Undergraduate program only) will cost Rs. 59,950/-  (per semester)
  • Security Deposit (Refundable) for Undergraduate and Graduate program is Rs. 19,800/- (One time charge)
  • Hostel Charges:
    • A total of Rs. 34,800/- (Per Semester)
    • Hostel Registration fee is Rs. 1,900/- (Per Year)
    • Hostel Security (Refundable) will cost Rs. 17,300/ (One time charge)

FEE STRUCTURE of LSE

Now, let’s evaluate the fee structure of the undergraduate program at LSE. The following fee structure is one semester only.

Courses

Credit Hours

Fee Per Course

Micro Economics I 3 Rs. 30,000
Macro Economics II 3 Rs. 30,000
Financial Management 2 3 Rs. 30,000
Investments 3 Rs. 30,000
OB and HRM 3 Rs. 30,000
Operations Management 3 Rs. 30,000
Total FEE for 6 courses Rs. 180,000
Adjustable Advance Tax @5%  Rs. 9000
Total Fee/semester Rs. 189,000

FEE STRUCTURE of NUST

The following table will sum up the fee structure of the NUST undergraduate program.

Engineering and Sciences Social Sciences and Business
Admission Processing Fee Rs. 35,000 Rs. 35,000
Security Deposit Rs. 10,000 Rs. 10,000
Semester Fee Rs. 90,000  Rs. 90,000
  • Reading material fee will be charged to undergraduate students of BBA and BS Accounting & Finance @ Rs.4350/year.
  • Miscellaneous charges Rs.1800/- per Semester.

Payment of Student Fee

  • At the time of admission, students have to pay the admission processing fee, security and full semester fee in advance.
  • Invoice/Challan for admission charges along with first-semester fee and Provisional Selection Letter will be available on NUST website.
  • Tuition fee will be payable on semester basis. Students have to pay their fee in advance before the commencement of semester otherwise they will not be eligible to sit in the class.
  • Through an amendment in the Income Tax Ordinance 2001 by Finance Act 2013, advance tax (under section 236 I) shall be collected @ 5% on the entire amount of fee (if Student Payable exceeds Rs. 200,000/- per annum excluding the amount refundable).
  • Advance tax paid on fee is adjustable at the time of filing of Income tax return. NUST will issue Advance Tax Certificate in this regard at year-end.

FEE STRUCTURE of GIKI

GIKI attracts a lot of students to its Engineering program which is ranked as one of the best in Pakistan. Here is the fee structure of the undergraduate programs at GIKI.

Particulars BS Program in Engineering & Computer Science BS Program in Management Science only
Academic Year 2017-2018 Rs. 550,000 Rs. 505,000
Academic Year 2018-2019 Rs. 600,000 Rs. 550,000
Academic Year 2019-2020 Rs. 655,000  Rs. 600,000

Fee Summary

Annual Fees (non-refundable, Tuition + Lodging charges) Rs. 505,000
Security Fess (Refundable) Rs. 25,000
Admission Fees (non-refundable) for Pakistani students Rs. 58,000

* Total fee for the first time would be Rs. 345,000 which comprises of Tuition fee of Rs.300,000, a refundable security deposit of Rs. 20,000 and Admission fee of Rs. 25,000

I hope this was helpful 🙂

2019-10-21T17:14:52+00:00

About the Author:

I am lucky, because through teaching, I get to live my passion. I love inspiring and learning. And I love results. There is no better feeling than seeing one of your students finally “get it.” I did my O and A Levels from Lahore Grammar School and after acing my own SAT, I graduated from LUMS in 2013. I have been teaching and mentoring students since I was in A Level and till date, I have taught more than 5000+ local and international students: helping them with their SAT exam and college applications. I have taught at various schools like Beaconhouse School System, Lahore Grammar School, LACAS, The Froebels, UCL , The Lahore Alma and through my experience, I have realized the most important aspect of teaching is to understand each and every individual’s needs. This can only be developed through a personal understanding of each of them. You can always drop by to have a discussion with me over a cup of coffee! Looking forward to teaching you. :)

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