The university expects a grant of Rs1.482 billion, besides tenure track grant of Rs69.896 million, from the Higher Education Commission (HEC). The carry forward deficit is Rs618.262 million. Despite financial constraints, Punjab University administration has increased research budget from Rs75 million to Rs85 million.
In the interest of students, it has also been decided that tuition and hostel fees will not be increased. Moreover, As Dr Kamran has announced one reserved seat for students from Balochistan in each department, free education and boarding facilities will be provided to Baloch students.
Special students will also be provided with free education and boarding facilities, while students taking admission on sports basis with free education. The university will also continue to waive off tuition fee of Hafiz-e-Quran students. Moreover, seed money of Rs50 million has been allocated for the establishment of the Punjab University Medical and Dental College.
The university has allocated Rs75 million for overseas scholarships; Rs31 million for national and international conferences; Rs18 million for laptops for teachers and labs; Rs312 million for lab equipment, furniture and development projects; Rs151.96 million for scholarships for teachers and students; Rs40 million for libraries, Rs2.5 million for co-curricular activities of students; and Rs10 million for hostel facilities.
Meanwhile, a Punjab University spokesman said on Thursday that to promote research culture and provide the students with excellent academic facilities, the current administration headed by Vice Chancellor Prof Dr Mujahid Kamran had made a record number of appointments.
During the four-year period of previous administration from 2004 to 2007, 347 teachers were recruited; while during the first four years of Dr Kamran from 2008 to 2012, 555 teaching posts had been filled, a record in the history of the university.
Moreover, from January 2012 to June 2012, 23 teachers had been recruited, 93 cases were in process and 66 cases were ready for the selection board.
The Punjab University Academic Staff Association has also expressed satisfaction over the record number of recruitments on teaching posts.