Pakistan Education Endowment Fund (PAK-EEF) in partnership with Ihsan Trust (powered by Meezan Bank’s Charity Fund) offers Qarz-e-Hasna, an interest-free educational loan to support talented but financially constrained nursing students pursuing higher education at partner nursing institutions across Pakistan. A joint venture to impart employable skills to deserving students, specifically from less developed districts. This program invests in building a skilled nursing workforce for national development and improved healthcare outcomes.
⚠️ Important: This is not a scholarship. The full loan amount must be repaid within 10 years after degree completion.
Key Highlights:
Many talented Pakistani nursing students secure admission to quality nursing institutions but are unable to pursue their education due to financial constraints. The Qarz-e-Hasna Loan Program addresses this gap by providing interest-free financial support, enabling students from less developed districts and low-income backgrounds to access quality nursing education, build clinical skills, and contribute to Pakistan’s healthcare system while alleviating the nursing shortage nationwide.
Please check the details and terms of the program below
Applicants must meet all of the following conditions to be considered for the Program
Basic Requirements:
Preference is given to:
Important Notes:
IMPORTANT NOTE:
DO NOT apply directly to IHSAN TRUST or PAK-EEF
Step-by-Step Instructions:
Step 1: Visit PEEF Website
Step 2: Select Your Institution
Step 3: Apply Through Partner Institution
Step 4: Complete the Application
Step 5: Application Deadline
Contact for Queries:
The loan covers the following expenses for approved nursing students:
Tuition & Academic Fees: ✅ Full or partial tuition fees
✅ Registration and enrollment fees
✅ Examination fees
✅ Laboratory and clinical practice fees
Educational Expenses: ✅ Required textbooks and study materials
✅ Clinical uniform and equipment (as needed)
✅ Educational supplies
Administrative Costs: ✅ Program administrative charges
✅ Certification fees
Coverage Determination:
The loan amount is determined based on:
Not Covered: ❌ Personal living expenses
❌ Accommodation costs
❌ Transportation
❌ Personal equipment (laptops, phones, etc.)
❌ Additional non-academic expenses
Disbursement:
Key Terms:
Repayment Options:
1. Monthly Installments (Recommended)
2. Quarterly Installments
3. Annual Installments
4. Lump Sum Payment
Repayment Calculation Example:
Default Consequences:
If the scholar fails to repay:
⚠️ Immediate demand for full loan amount
⚠️ Penalties and additional charges may apply
⚠️ Guarantor becomes liable for full repayment
⚠️ Legal action may be initiated
⚠️ Impact on future PEEF support eligibility
⚠️ Name and details may be published on official platforms
Guarantor Liability:
Reporting Requirements:
Required Legal Bonds:
1. Promissory Note
2. Personal Guarantee
3. Guarantor Agreements (Two Guarantors Required)
4. Undertaking
5. Post-Dated Cheques
6. NOC Requirement
The organization formerly known as National Endowment Scholarships for Talent (NEST) has been officially renamed as the Pakistan Education Endowment Fund (PEEF).
Our official domain is now www.peef.pk.
The previous domain nest.org.pk is no longer in use and does not represent PEEF in any capacity.
Please use only peef.pk for all official information and communication.
