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Allied Bank of Pakistan Monday donated rupees one million to Government College University Lahore Endowment Fund Trust (GCU EFT) for initiating a lifetime golden scholarship for the deserving students. The perpetual golden scholarship, to be named after Allied Bank of Pakistan, will be given to a GCU deserving student every year on merit.
It will cover the university fee as well as hostel's expenses of a student. Allied Bank of Pakistan executive Zia Ijaz Monday handed over the cheque of rupees one million to GCU EFT Executive Committee Secretary Professor Dr Khalid Manzoor Butt. "This is the second golden scholarship donated by the Allied Bank of Pakistan to GCU Endowment Fund Trust and they have pledged to donate a scholarship every year, so that deserving students can continue their studies without any financial burden," Dr Butt said. The trust secretary said that GCU EFT has received as many as 31 scholarships up till now which include 15 golden and 16 sliver scholarships.
GCU Vice Chancellor, Professor Dr Ikramul Haq expressed gratitude on the donation of rupees one million by ABL, saying that other banks should also come forward and support quality education in the country.

Copyright Business Recorder, 2011

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