LAHORE: (Monday, May 30, 2022): Punjab University Faculty of Computing & Information Technology (FCIT) and Professional Education Foundation (PEF) have signed a Memorandum of Understanding (MoU) for the award of scholarships. Punjab University Pro Vice Chancellor Prof Dr Muhammad Saleem Mazhar and Jawaid Faruqui from PEF signed this agreement in the presence of Dean FCIT Prof Dr Shahzad Sarwar and others. The MoU will serve the purpose to offer scholarships to the students at FCIT who belong to a relatively low income background. PEF has offered scholarships in terms of full tuition fee waiver to 50 students every year starting from Fall 2021. Each selected student of FCIT will get a scholarship amount 60,000 PKR per year for a period of four years. In the steady state, 200 students would be receiving scholarships worth of Rs 12 million every year. It is the first time that PEF has offered scholarships to the students of computing disciplines, in Pakistan. The organization is already providing financial support to the students of medical and engineering programs. Up till now, PEF have become a source of smile and future success of more than 2,000 students across Pakistan. MoU has been signed between the Faculty of Computing & Information Technology FCIT and Professional Education Foundation (PEF) for a student struggling through the dark clouds of financial struggles. Dr Sarwar thanked PU Vice Chancellor Prof Dr Niaz Ahmad Akhtar for his guidance and support in materializing this initiative.