Financial Aid/Tuition Discount

	Full tuition waiver is granted to students who have secured a Grade Point Average (GPA) of 4.8 on a scale of 5.0 or with the positions in the merit lists of the Higher Secondary Education Boards of Bangladesh. However, these students are required to pay the admission fees of Tk.15,000/- (Tk fifteen thousand only), and Tk.5,000/- (Tk five thousand only) as semester charges for each semester attended. In order to maintain the full tuition waiver, the student must maintain a CGPA of minimum 3.5 or above at IUB.
	Students with two A's in their A' Levels may apply for financial aid/tuition discount from their first semester of study at IUB.
	Liberal financial aid/tuition discounts are available for students who are meritorious but in need of financial aid. An on-campus employment program is also available.

Application For Financial Aid/Tuition Discount
Students seeking financial aid/tuition discount are required to collect a financial aid/tuition discount form from the office of the Registrar. The student/guardian is required to submit the form to the Registrar's Office. These applications for financial aid/tuition discount are then reviewed by the Student Assistance Committee (SAC) for completeness and accuracy and are processed only after all documentation have been received by the SAC within the announced deadline of a semester. Financial aid/tuition discount other than full tuition waiver for Higher Secondary Education Board's listed merit scholars are admissible only from the second semester in residence. Students who have received 2A's in their A' levels may apply for tuition discount from the first semester of study.

PLEASE NOTE: An application for financial aid/tuition discount with any kind of overwriting, illegible writing or without the proper signature of the financial guarantor (as per the undergraduate admission application form) will not be accepted or placed before the board. Applicants must ensure that the forms filled are complete and accurate.

Eligibility For Financial Aid/Tuition Discount
To be eligible for financial aid, a student must be enrolled with a minimum of full-time status both in the semester s/he has applied for the assistance and also in the preceding semester attended.

The requirement of being a full-time student to be eligible for financial aid may be waived in the student's last semester of study. In this case, the student must file the Graduation Application and obtain the academic advisor's endorsement certifying that this is the last semester of his/her study at IUB.

PLEASE NOTE: Financial aid is extended to summer sessions, if courses taken during Summer fulfil the academic requirements for graduation. In this case also, the student must file the Graduation Application and obtain the academic advisor's endorsement certifying that this is the last semester of his/her study at IUB.

Condition For Continuation Of Financial Aid / Tuition Discount
Financial aid/ tuition discount is given to the students based on their academic performance and financial requirements. To be eligible for this discount in the subsequent regular semesters, the student is required to register for minimum 12 (twelve) credit hours. After awarding financial aid to a student, the student's academic performance is reviewed at the end of every regular semester. If the CGPA is found to be deteriorating, the financial aid may be withdrawn.

Application For Increment Of Financial Aid/Tuition Discount
Students receiving the financial aid/tuition discount may apply to the SAC for increment of their financial aid/tuition discount. The applicants are required to collect the financial aid/tuition discount increment form, which has to be submitted within the announced deadline for a semester.

Procedure For Collecting Board Scholarship Money
Students whose names appeared in the Education Boards scholarship list for their brilliant academic performance in the Higher Secondary Certificate (HSC) examinations are advised to maintain the following procedure:

     Please fill the prescribed form available at the Registrar's Office and submit it.

     Registrar's Office will issue a letter addressed to the Secretary of the appropriate       education board stating all the details of the student and will request the board to       announce the scholarship in the name of the University.

     The education board concerned will issue a letter announcing the scholarship of the       student in the name of the IUB.

     According to the education board's letter, the Registrar's Office will prepare and submit       the bill to the Office of the Chief Accounts Officer for a particular student.

     After verification, the Chief Accounts Officer will issue a cheque in the name of IUB.

     IUB Accounts Office will collect the money by submitting the cheque.

     Then the student will collect the money from the IUB Accounts Office.