The Pak-USAID Merit and Needs based Scholarship Program Phase-II is focused on providing opportunities for access to higher education especially to under privileged candidates who, despite possessing academic merit, are unable to finance their education. The scholarship is not restricted to tuition only, but extends to accommodation and living expenses.
The Executive Committee of the National Economic Council (ECNEC) has approved the program at a total cost of Rs. 2,954.808 million in its meeting held on 6th September 2013. The Project is funded by Government of United States of America as Grant in Aid.
The Phase-I of the program was initiated in 2004 at eleven (11) universities with scope of 1807 scholarships. It is the pride of the program that all the scholarships are awarded, 94 percent of the scholarship recipients had graduated in the semester they expected to graduate.
To enable the academically qualified, yet financially needy, Pakistani students to continue university studies in selected private and public universities of Pakistan in the fields of Agriculture, Medical, Business, Social Science and Engineering
To enhance the institutional capacity of the Higher Education Commission of the Government of Pakistan and local public and private sector universities in designing and implementing MNBSP Phase II.