Minimum 21 years and maximum 45 years at the time of loan/first trance approval

Generally, the student meeting the following criteria shall be eligible for the loan:

• Be a Pakistani National.
• Has got at least 50% marks (or equivalent) in the last public examination (i.e. other than admission tests, e.g. GMAT, SAT, LMAT, etc.) The same must be confirmed by LUMS in writing.
• Must have a valid admission in and has provided admission acceptance to LUMS. Confirmation of finalized admission must be provided by LUMS in writing.

Maximum 80:20 of only Admission, Registration, Tuition, On-Campus Residence, and any other part/head/item of the fees that is payable in advance by the student to LUMS

Moreover, the loan shall not cover any amount that is refundable to the student later on.

Maximum loan repayment tenor shall be 7 years from the date the loan becomes repayable including grace period of 6 months for all programs.

The pricing of all the programs will be 6M KIBOR only.

Maximum PKR 1 million only