IBAIS University

Scholarship & Financial Assistance

Since its inception, IBAIS University has been awarding merit scholarship and need based financial assistance to deserving students. According to the provision of the Private University Act.1992 as amended in 1998 and 2010, Private universities are required to provide scholarships, financial assistance and awards to 05% of its enrolled meritorious, poor students and freedom fighters’ children. Each year, the University distributes more than 05% of its total earnings among those categories of regular students either direct or as waivers.

The founders of IBAIS University have adopted a policy of not paying any profit or dividend to themselves but to use a good part of its operating surplus towards nurturing merit and providing financial support to students in need.

Any scholarship/stipend-holder may enjoy benefit from one category; if any stipend-holder fails to achieve minimum CGPA of 2.5 at undergraduate and 3.0 at graduate levels in any semester he/she will not be considered for stipend benefit for that particular semester.

TYPES OF FINANCIAL AID

Various types of financial assistance are generally awarded to the students of IBAIS University.

General Financial Assistance for Undergraduate Day Programs

• Students having an average GPA of 4.75 and above but less than 5.00 in SSC and HSC examinations will obtain 40% stipend on total tuition.
• Those having an average GPA of 4.50 and above but less than 4.75 in SSC and HSC examinations will obtain 25% stipend on total tuition.
• Those having an average GPA of 4.0 and above but less than 4.5 in SSC and HSC examinations will obtain 15% stipend on total tuition.
• Those having an average GPA of 3.5 and above but less than 4 in SSC and HSC examinations will obtain 10% stipend on total tuition.
• Those having an average GPA of 3.0 and above but less than 3.5 in SSC and HSC examinations will obtain 5% stipend on total tuition.
• Students completing GCE 'O' and ‘A’ levels will obtain 40%, 25%, 15%, 10% & 5% stipend on total tuition fees for GPA of 4.75, 4.50, 4.0, 3.5 & 3.0 respectively.

Tuition Waiver for All Programs

• Siblings studying concurrently at IBAIS University will receive 20% rebate on total tuition fees of one student.
• The Freedom Fighters’ children will receive special rebate and Teachers’ children will receive 10% rebate on tuition.
• Female students will enjoy 10% rebate on total tuition.
• Siblings of any former student of IBAIS University will get 10% rebate on total tuition.
• IBAIS University graduates will get Admission Fee waiver.

Full-free Studentship:

Students having GPA 5.00 in SSC and HSC examinations will be offered full-free studentship. And students having GPA 5.00 in 'O' and ‘A’ levels will also be offered full-free studentship. But they have to pay the following fees:

• Admission fee
• Dissertation/thesis/project fee
• Examination fee in case of retaking the examination of any course
• 70% tuition fees of the respective course(s) in case of retaking course(s)

5% of the total students who are poor and meritorious will obtain full-free studentship subject to the following conditions:

• Merit of the students will be judged on the basis of their SSC & HSC results.
• Students' guardians have to meet the Vice-Chancellor / Pro Vice-Chancellor personally to clarify their pecuniary circumstances.
• Students have to pay the following fees:
• Admission fee
• Internship/thesis/project fee
• Examination fee in case of retaking the examination of any course
• 70% tuition fees of the respective course(s) in case of retaking course(s).

AWARDS

Certificate of Distinction: Students obtaining a CGPA of 4.00 (without any Retake Exam) at any semester will get a Certificate of Distinction and a one-time grant of Tk. 4,000 from the University. Students who achieve Certificate of Distinction award would not be considered for Dean's Award.

Students of the Year: Students obtaining a CGPA of 4.00 (without any Retake Exam) at all the three consecutive semesters in an academic year will be declared as Students of the Year and will obtain scholarship of Tk.10, 000 from the University.

Dean's Award: As recognition of excellent academic performance, the names of the students obtaining CGPA of 3.75 or above in two regular semesters (without any Retake Exam) in any academic year will be published in the Dean's list in the Faculty. However, students receiving ‘F’ grade in any of the courses will not be considered for the Dean's list for that year. Students whose names will be published in the Dean's list will be awarded Dean's Award certificate and a one-time honorarium of Tk. 1,000.

Tuition Waiver for Undergraduate Programs