LUMS students are raising their voice against the University, this time for a valid reason

Hamza Rao 03:30 PM | 20 Jul, 2016
LUMS students are raising their voice against the University, this time for a valid reason
LAHORE (Web Desk) - Students of Lahore University of Management Sciences (LUMS) have launched a petition campaign to challenge the Univesity's unaffordable inflation in the costs of tuition and attendance.

The students have condemned a sudden increase in the costs and university's policy which stipulates that "Tuition and fees are subject to change without notice."


The online petition states: “The cost of attendance has been raised by almost 10 percent all of a sudden. There exists no policy to challenge this hike as LUMS maintains tuition and fees are subject to change without notice.”

The petition said that tuition fee per semester had been increased from Rs252,000 (fee in 2015-2016) to Rs272,400 for fall 2016-17. It demanded that for enrolled students tuition fee should be frozen at the level it was in the year of enrolment. It said the university should increase tuition fees only for new students but keep constant the amount charged in the first year throughout the course of their degree programme.

Muhammad Zain Qasmi, a LUMS alumnus, started the petition in the name of the LSAAC at the online forum: It has so far attracted 1,161 signatories. sends a letter on behalf of the petitioners to the parties addressed in petitions if they get at least 1,000 signatures.

In the petition, Qasmi said that self-paying students comprised a large percentage of LUMS student body. Parents exhaust all their resources and life’s savings to send their children to the LUMS, it added.

He complained that the University "earns millions in endowments, funding from multinationals etc all of which goes into its expansionist plans rather than keeping the cost of attendance down."

LUMS Vice Chancellor Sohail Naqvi said students granted admission to a degree programme who were unable to afford the tuition fee could avail financial aid offered by the university. He dismissed as baseless the statement that the LUMS was only affordable for students from very wealthy backgrounds.

He said the LUMS was not receiving any financial assistance from the government. “It is a not-for-profit institution. The tuition revenue only partially pays for the operational expenses. All new projects such as the Law School and student hostels are paid for from private donations,” he said.

He said the university had announced an eight percent hike in tuition fee and not the 10 percent figure quoted in the petition.

“We are committed to providing the highest quality education at the most affordable price,” he said.


Hamza Rao
Hamza Rao

Hamza Rao is a member of the staff at Daily Pakistan. He can be reached at He tweets at @HamzaRaoxxx


KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 4, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279.9 283.2
Euro EUR 300.98 301.58
UK Pound Sterling GBP 337.01 337.71
U.A.E Dirham AED 75.14 75.44
Saudi Riyal SAR 73.55 73.85
Australian Dollar AUD 189 192
Bahrain Dinar BHD 712.72 720.69
Canadian Dollar CAD 200 202.2
China Yuan CNY 39.67 39.73
Danish Krone DKK 39.33 39.73
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 878 887
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.79 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.30

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 205,200 on Saturday. The price of 10 grams of 24k gold was recorded at Rs175,930.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 205,200 PKR 2,430
Karachi PKR 205,200 PKR 2,430
Islamabad PKR 205,200 PKR 2,430
Peshawar PKR 205,200 PKR 2,430
Quetta PKR 205,200 PKR 2,430
Sialkot PKR 205,200 PKR 2,430
Attock PKR 205,200 PKR 2,430
Gujranwala PKR 205,200 PKR 2,430
Jehlum PKR 205,200 PKR 2,430
Multan PKR 205,200 PKR 2,430
Bahawalpur PKR 205,200 PKR 2,430
Gujrat PKR 205,200 PKR 2,430
Nawabshah PKR 205,200 PKR 2,430
Chakwal PKR 205,200 PKR 2,430
Hyderabad PKR 205,200 PKR 2,430
Nowshehra PKR 205,200 PKR 2,430
Sargodha PKR 205,200 PKR 2,430
Faisalabad PKR 205,200 PKR 2,430
Mirpur PKR 205,200 PKR 2,430


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