Page 37 - SustainabilityReport2017
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Higher Education                  Limited collaborated with Government   financially challenged cadets, for
                                                                                   complete 5 academic years (eighth
                                                 College Women University Faisalabad
               Endowment Fund at Lahore          (GCWUF), in May 2015 and instituted   to twelveth class), by contributing
               University of Management          120 Scholarships annually for     approximately PKR 6 million annually
               Sciences (LUMS)                   deserving female Bachelor Degree   as scholarship grant.
               In May 2013, Interloop Limited    Students, by funding approximately
               established an Endowment Fund     US$ 62,600, annually. It also     Gilgit–Baltistan Scholarship
               of US$ 0.56 million at the Lahore   structured an Internship Program   Program/Multiple Scholarships
               University of Management Sciences;   to acquaint GCWUF students with   Interloop Limited joined hands with
               the top most university in Pakistan, to   professional work environment and   an NGO in 2016 and established the
               provide perpetual scholarships to 8   practices, as part of their degree   ‘Interloop GB Scholarship Program’ to
               financially challenged Bachelor Degree   program requirements.      support deserving talented students
               students under the National Outreach                                from Gilgit-Baltistan for pursuing
               Program.                          Need-based Scholarships           Undergraduate Degrees at different
                                                 at University of Agriculture,     universities of the country.
                                                 Faisalabad
                      167 Interloop              In Sep. 2017, Interloop established   Through individual scholarships,
                 Executives have spent           ‘Need-based Scholarship Scheme’   Interloop is sponsoring numerous
                                                                                   deserving male and female students
                                                 at the University of Agriculture,
                         4,676                   Faisalabad (UAF), sponsoring      pursuing Higher Education at various
                 volunteer hours at TCF          deserving meritorious students    institutions including Government
                                                                                   College University, Ripha International
                                                 for 4 years Degree Programs in
                   Rahbar Program to             Engineering, Textile & Dairy Sciences.   University, National Textile University,
                   guide 695 students            The Company will provide 5        University of Central Punjab, NUST
                  about making better            scholarships every year, going up to   Pakistan, NFC University, University of
                                                                                   Sargodha, University of Engineering
                                                 20 scholarships annually, amounting to
                 career and life choices         PKR 1.2 million.                  and Technology and University of
                                                                                   Faisalabad in Pakistan, and University
                                                 Scholarship Program for Cadet     of Vaasa, Finland.
               Scholarship & Internship          College, Hasan Abdal
               Program for Government
               College Women University,         Cadet College Hasan Abdal has been
               Faisalabad                        a trendsetter for quality education
                                                 boarding schools for boys in Pakistan.
               As part of its on-going endeavors   Interloop established a Scholarship                               Sustainability Report 2017
               for women empowerment, Interloop   Fund in April 2016 and supports 5


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