MOU Signed with Zaman Foundation
ILM Fund has signed an MoU with Zaman Foundation. We, through a joint collaboration, wish to have a long term relationship for the support of a noble cause. Together we aim to make quality higher education accessible for the underprivileged sector of our society. The MoU was signed between ILM Fund and ZF on 6th of December 2021. It was signed by Mr. Babar Aziz Lone – Head, ILM Fund and Mr. Omar Zaman – CEO, Zaman Foundation. The basic purpose of this MOU is to award scholarships to the deserving students at UMT based on merit and need. Currently, there are a total of 4 students who are funded by ZF and from now onwards ILM Fund will refer five students every year to be funded by ZF. Contribution by ILM Fund in the tuition fee will be 25% and Zaman Foundation’s sponsorship will be 75%.