EduFi has announced a new partnership with University of Lahore, one of the largest private universities enabling students to access affordable Study Now, Pay Later (SNPL) through EduFi’s digital application. The application uses a state-of-the-art algorithm that instantly evaluates candidates and comes up with decisioning; reducing the weeks of manual work to a few minutes.
The partnership is expected to benefit more than 35,000+ students of University of Lahore, studying in 150+ programs across 7 campuses, who can now pursue their academic and career goals without worrying about the financial burden. The partnership will also enhance the reputation and social impact of the University, as it demonstrates its commitment to providing quality and inclusive education to all. The lending application will be available online after approval from SECP.
The partnership was officially launched at a ceremony held at the University of Lahore campus, attended by the representatives of both the organizations, as well as the students, faculty, and media. The ceremony featured speeches by the leaders of both the organizations, who expressed their excitement and optimism about the partnership, and shared their vision and mission for the future of education.
The partnership between University of Lahore and EduFi is a milestone in the field of education financing, and a model for other institutions and platforms to follow. It is hoped that the partnership will inspire and empower more students to pursue their dreams, and contribute to the social and economic development of the country.
This partnership is the first of its kind in Pakistan, EduFi is pioneering education financing in Pakistan.