The US-Pakistani businessman tycoon Tanweer Ahmed has donated $9 million to the National University of Science & Technology (NUST) to help students from poor backgrounds to gain access to quality education through scholarships.
NUST has confirmed that Tanweer Ahmed has entered into a partnership with the university through an Endowment Fund for unprivileged students which will benefit nearly 200 students who would be able to get scholarships every year.
The $9 million donation is one of the single largest donations by any overseas Pakistani for any Pakistani university.
Tanweer Ahmed said in an interview that he planned to expand the scheme to other universities and to NUST where the donation scheme will run permanently. He said that a formal ceremony will take place at the NUST Islamabad next month which will be attended by Pakistan’s top leadership to formally launch the scholarship programme.
The Houston-based businessman said: “The deserving students would get scholarships annually through the Higher Education Commission (HEC). The system to obtain scholarships will be purely on merit and aimed strictly for those students who are unable to afford quality and expensive education.
