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


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 29, 2023

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 March 29, 2023 (Wednesday)

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

Currency Symbol Buying Selling
US Dollar ‎USD 284.2 287.25
Euro EUR 305.5 308.5
UK Pound Sterling GBP 347.5 351
U.A.E Dirham AED 77.2 78
Saudi Riyal SAR 76 76.7
Australian Dollar AUD 188 190.4
Bahrain Dinar BHD 754.37 762.37
Canadian Dollar CAD 206 208.2
China Yuan CNY 41.44 41.84
Danish Krone DKK 41.07 41.47
Hong Kong Dollar HKD 35.92 36.27
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2.06 2.11
Kuwaiti Dinar KWD 925.52 934.52
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 175.57 177.59
Norwegians Krone NOK 26.33 26.64
Omani Riyal OMR 736.76 744.71
Qatari Riyal ‎QAR 77.92 78.62
Singapore Dollar SGD 209.5 211.5
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 309.5 312
Thai Bhat THB 8.3 8.45

Today's gold rates in Pakistan – 30 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 207,700 on Thursday.The price of 10 grams of 24k gold was recorded at Rs178,070.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

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 207,700 PKR 2,470
Karachi PKR 207,700 PKR 2,470
Islamabad PKR 207,700 PKR 2,470
Peshawar PKR 207,700 PKR 2,470
Quetta PKR 207,700 PKR 2,470
Sialkot PKR 207,700 PKR 2,470
Attock PKR 207,700 PKR 2,470
Gujranwala PKR 207,700 PKR 2,470
Jehlum PKR 207,700 PKR 2,470
Multan PKR 207,700 PKR 2,470
Bahawalpur PKR 207,700 PKR 2,470
Gujrat PKR 207,700 PKR 2,470
Nawabshah PKR 207,700 PKR 2,470
Chakwal PKR 207,700 PKR 2,470
Hyderabad PKR 207,700 PKR 2,470
Nowshehra PKR 207,700 PKR 2,470
Sargodha PKR 207,700 PKR 2,470
Faisalabad PKR 207,700 PKR 2,470


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