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Punjab Educational Endowment Fund
Company type
Non-Profit Organization for Poor Students of Pakistan
Founded
2008
Founder
Shahbaz Sharif
Headquarters
Lahore, Pakistan
Area served
Pakistan
Key people
Shahbaz Sharif (Chairman)
Website
www.peef.org.pk
This article is part of a series about
Shehbaz Sharif
Early life
Political career
Electoral history
Elections
1997
2008
2013
2018
2024
Prime Minister of Pakistan
Premiership
Ministry
First
Second
International trips
Negotiations with TTP
Economic crisis
Floods
Political unrest
SIFC
2023 Geneva Conference
Allegations of rigging
Chief Minister of Punjab
Chief Ministership of Shehbaz Sharif
Model Town tragedy
Daanish Schools
Punjab Educational Endowment Fund
Quaid-e-Azam Solar Park
Dolphin Force
Protection of Women against Violence Bill, 2015
Orange Line (Lahore Metro)
Multan Metrobus
Punjab Land Records Authority
Punjab Food Authority
Punjab Land Development Company
Information Technology University
Punjab Forensic Science Agency
Lahore Waste Management Company
Provincial cabinets
First cabinet
Second cabinet
Third cabinet
Awards and honors
Shehbaz Speed
Gallery: Picture, Sound, Video
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The Punjab Educational Endowment Fund (PEEF) is a program governed by the Government of Punjab to establish opportunities for highly-performing students. It was started in 2008 by its chairman Shahbaz Sharif (Chief Minister of the Punjab). It gives the scholarship to bright students which cannot afford their fees. The Punjab Educational Endowment Fund (PEEF) is an initiative of the Government of Punjab. In order to make it more efficient, transparent and autonomous in its functioning, it is registered under section 42 of the Companies Ordinance, 1984.
The company was registered on 31st Dec. 2008 and an initial endowment fund was established with a seed money of Rs.2 billion. The endowment fund has now been increased to Rs. 8 billion and the Government of Punjab, Pakistan has pledged to raise the endowment fund to Rs. 10 billion during the current FY 2012-13. Only the investment proceeds out of this fund are utilized for the award of scholarships.
PEEF is established with the objective of providing scholarships to talented and needy students for pursuing quality education with equal opportunities. The Punjab Educational Endowment Fund endeavors to bring best educational opportunities to the less privileged and talented youth of Punjab, and bring them at par with the most fortunate ones and is striving to achieve the following objectives:
Scholarship for talented and less privileged students of Pakistan, specially Punjab, Pakistan, to bring them at par with the more fortunate one's
Creation of a critical mass of talented youth for the development of society
Identification and support to extremely marginalized students through special quotas
Supporting the less privileged and best students of PBTE, other provinces - including Azad Kashmir, FATA, Gilgit-Baltistan & Islamabad Capital Territory.
Since the commencement of its operations in 2009; PEEF has so far awarded more than 41000 scholarships worth more than PKRs. 2 billion.[1][2]
^"Shahbaz for doubling PEEF scholarships". Thenews.com.pk. Retrieved 25 January 2019.
^"Archived copy". Archived from the original on 2013-04-30. Retrieved 2013-05-26.{{cite web}}: CS1 maint: archived copy as title (link)
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