Center of Excellence in Higher Education
The First Private University in Bangladesh

Financial Aid Office

About Us

Financial Aid is monetary assistance from institutional, governmental, or private source that is available to assist students in affording educational costs. This Financial aid could be in the form of academic scholarships, tuition waiver, study loans, and student employment. Financial aid/ Scholarship is available at NSU to help you pay your university costs. How you will pay for your education is sometimes an important part of deciding which institution you will attend. Financial Aid Office (FAO) of North South University understands student's need and plan for their future career. We also understand that many families need help for filling in the gap between what they can afford and the resources needed to pay university education costs. NSU attaches a high priority to financial aid/ scholarship and the university has a standing commitment to meet the financial need of eligible deserving students. The comprehensive FINANCIAL AID/ SCHOLARSHIP PROGRAM of North South University is administered by a high-powered Financial Assistance Committee (FAC). The Financial Aid Program of NSU encourages the students to apply for monetary help if they believe that they will need assistance in order to attend North South University. FAO presently consists of 8 (eight) members headed by Director (FAO). Financial Aid Office started its operation from 1993 being responsible for corresponding, coordinating and organizing the overall FINANCIAL AID/ SCHOLARSHIP PROGRAM to the students. In the year 2022, a total number of 4371 students have been granted full/partial financial aid. Among them 1254 students granted full/100% tuition waiver including 510 wards of freedom fighters. 415 students granted 75%, 1372 students 50% and 1330 students received 25% tuition waiver. NSU also allowed full free studentship to 1561 children of freedom fighters since inception of Private University Act 2010. Moreover, a total grant of Tk. 170 crore has been disbursed as a COVID Special Waiver to all students in the wake of Pandemic (Summer’20-Spring’22) excluding regular tuition waiver to students. In the way to help needy and meritorious students and for the socioeconomic development of the country, NSU has disbursed a significant amount of Tk. 338 crore (approximately) as financial assistance since inception to Fall 2022 semester.

Financial Aid Category

Types of Financial aid/ Scholarship available at North South University Financial aid reflects the University's commitment to a student community that is broadly diverse in terms of race, geography, gender, special skills and talent. NSU offers financial aid/ Scholarship to students under the provision of Private University Act 2010, where students of NSU can apply in the following categories: Financial Aid for the Wards of Freedom Fighters (WoFF) of Liberation War 1971 (Quota based waiver).Financial Aid based on previous academic attainment and admission test result (Merit based tuition waiver/ scholarship). Financial Aid based on high academic achievement at NSU (for students from remote underdeveloped areas who are meritorious but poor).  Financial Aid based humanitarian grounds (for students from remote underdeveloped areas who are meritorious but poor). Financial Aid based on Need and Merit of a student (for students from remote underdeveloped areas who are meritorious but poor). Financial Aid based on siblings study together at NSU. Financial Aid in the form of student employment at NSU (for students from remote underdeveloped areas who are meritorious but poor).  

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Financial Aid Eligibility

Who are eligible for Financial aid at North South University? North South University awards financial aid in the form of full/partial tuition waiver only to the deserving students who achieve and maintain outstanding academic track records as mentioned below: Undergraduate applicants securing top 10 position in the NSU admission test get full tuition waiver (100%). GPA 5.00 (excluding 4th Subject) in either SSC or HSC and at least GPA 4.80 in the other (excluding 4th Subject) with satisfactory NSU Admission Test Performance. Candidates who earn 7 'A's in O-level exams and 3 'A's in A-level having satisfactory NSU Admission Test Score. MBA and MPH applicants securing highest score in the NSU admission test are entitled to 50% tuition waiver upon admission. NSU graduates, with CGPA 3.80 at undergraduate level would be entitled to 50% tuition waiver upon his/her admission in any graduate level program at NSU. General students of NSU seeking financial aid must fulfill the minimum criteria i.e. the undergraduate students must complete minimum 12 credits and maintain a minimum CGPA of 2.75 and graduate students 3.25 with 9 Credits. Aid for Siblings: Financial assistance is also available for siblings i.e. if two brothers or two sisters or one brother and one sister, whatever may be the case, have been studying at NSU, they would be entitled to 25% tuition waiver each subject to eligibility and they must apply formally during usual aid process. Freedom Fighter Quota: Students availing freedom fighter quota must apply formally enclosing with the following documents/details as per guidelines of the Ministry of Liberation War Affairs:         a) Copy of Offer Letter (Applicable for Newly Admitted Students only).         b) Attested copy of Provisional Certificate ‘Shamoik Shonod’ or ‘BAMUSH Shonod’ of the freedom fighter.    c) Attested copy of Bangladesh Govt. Gazette of the freedom fighter.        d) Attested copy of ‘Lal Muktibarta’ of the freedom fighter.        e) Attested copy of the National ID Card (NID) of the freedom fighter.        f) Attested copy of the Birth certificate or SSC certificate of the freedom fighter.        g) Attested copy of the Birth certificate of the student.        h) Attested copy of the SSC/HSC certificate/Passport/NID Card of the student.        i) Financial Aid Application Form (Available at Prime Bank Ltd., Bashundhara Branch, Dhaka Only). Entitlement of freedom fighter quota is subject to verification from the MOLWA website. FAO deals with the cases on first come first served basis. However, priority may be given to the children of freedom fighters who are Orphan, children of deceased/wounded freedom fighters or whose parents are critically ill. Continuation of freedom fighter facility is subject to satisfactory academic performance at NSU. Graduate students must maintain a minimum CGPA of 3.00 and Undergraduate students 2.75 at all time for the wards of freedom fighter. Applicants of freedom fighter quota can apply in all semesters during admission. However, students in all the above cases must apply for financial aid formally. The authority may review and change the above conditions from time to time. Continuation of getting such tuition waiver is subject to his/her academic performance and other financial aid policy of NSU as applicable.

Financial Aid Calendar

When to apply for Financial aid and How? Applications for financial aid are invited from bonafide and eligible students of NSU in every semester through well-circulated notification. Students seeking financial aid should apply in prescribed APPLICATION FORM available at Prime Bank Bashundhara Branch, Dhaka upon payment of Tk. 1000.00 (one thousand) only.  Application should be filled-up properly and submitted to the FAO of the University with necessary/relevant documents within the deadline. Deadline for financial aid application is announced and notified in due time. Spring Semester              :   Applications are invited in 3rd Week of the Semester Summer Semester           :   Applications are invited in 3rd Week of the Semester    

Maintenance

How to maintain Financial aid/ Scholarship at NSU? Once students have been awarded financial aid/ scholarship, they must demonstrate satisfactory academic progress at NSU in order to maintain the aid facility. As a general rule, undergraduate/graduate students are considered to hold satisfactory academic progress if they achieve and maintain a minimum CGPA of 2.75 (for undergraduate program) and 3.25 (Graduate Program) respectively. Undergraduate recipients of 50% and 75% tuition waiver will have to maintain a CGPA of 3.00 to continue tuition waiver. 100% financial aid/ scholarship recipients (meritorious students) must maintain a minimum CGPA of 3.25 or above. Students should also fulfill other conditions to enjoy financial aid. Financial aid facility once discontinued, the student may reapply for financial aid as a fresh applicant. Financial aid/ scholarship will automatically be renewed if s/he fulfills the criteria of financial aid/ scholarship requirements. Financial aid/ scholarship recipients can also apply for enhancement of their financial waiver. The recipients/awardees must contact the Financial Aid Office in every semester during Advising/Registration process. They must respond in every semester after necessary verification and adjustment of tuition waiver from FAO.  We review and verify academic performance of recipients every semester against the aid policies.  

Policies & Guidelines

Financial aid/ Scholarship - "POLICIES & GUIDELINES" The minimum eligibility for applying and to maintain financial aid, the undergraduate students must maintain a minimum CGPA of 2.75 and graduate students 3.25. Undergraduate recipients of 50% and 75% tuition waiver will have to maintain a CGPA of 3.00 to continue tuition waiver. Undergraduate students must complete minimum 12 credits without non-credit course and Graduate students 9 credits to apply for financial assistance. An undergraduate financial aid recipient must register for at least 24 (Twenty four) credits and graduate students 18 credits in a year (2 consecutive semesters) with effect from the semester of his/her receiving financial assistance. If the waiver recipients withdraw any course or duly drop a semester, whatever may be the case, s/he would not get any benefit beyond the approved period for financial aid. That is, financial waiver would strictly be limited to 4 years for students of all undergraduate programs except Bachelor in Pharmacy and Bachelor of Architecture, which is 5 years program; For graduate program of MBA, this duration is 2 years, MS-ECO, MS in CSC/CSE/ETE/EEE/CEG, MDS, MREM/ M.PHARM. EMBA, MPH/EMPH, MA in English, MBT, MSEM is limited to 2 years, with effect from the semester of his/her first admission. The financial aid would automatically be discontinued after this time-bar. Financial aid will discontinue with immediate effect if recipients are delinquent in any way or if his/her CGPA is less than the requirement or on completion of required credits for degree. Also, the aid shall automatically discontinue for unauthorized absence in any semester by the student. In any case, revival of such assistance might be considered on receipt of fresh application from the student in due course. In case of Semester drop, the student must apply to the Registrar through the respective department Chair/Head. They should also submit a copy of the said application to FAO for information. Financial aid would not be extended to 'Retake' any course i.e. if a student retakes any course, he would pay full tuition fee for that particular subject. 100% waiver is applicable for tuition fees only. The other fees i.e. Admission Fee, Student Activity fee, Lab fee etc. will be borne by the recipients other than WoFF. The minimum requirement of CGPA for maintaining 100% tuition waiver would be 3.25. Failure to maintain such CGPA requirement would result a reduced waiver of 50%. The waiver would be discontinued automatically, if the CGPA goes below 3.00 (Applicable for general recipients of tuition waiver).    Applicants should apply in prescribed form along with necessary papers/documents as applicable on time. Financial assistance shall not be extended to courses that are extra to the degree requirement i.e. no tuition waiver is applicable beyond the approved credits for degree. Financial assistance may be extended for courses that are not part of the degree but pre-requisites for courses required for a degree i.e. ENG-102, MAT-112 and MAT-116. Financial assistance shall be discontinued as soon as the recipient fulfills the credit requirements for degree under the different programs run by NSU. The student (General applicants) must complete registration before they apply for financial aid. FAO will not be liable for their late registration.

Contact Us

If you need further Information: Questions regarding Financial aid at North South University should be directed to the Financial Aid Office, NSU or sent through e-mail (financial.aid@northsouth.edu). Our experienced staff members at the FAO will be happy to welcome you to NSU.   Plot 15, Block B, Bashundhara, Dhaka-1229.Telephone: 55668200, Ext. 6018, 2182, 2183, 2181Website: www.northsouth.edu