Funds Utilization Policy
  • HEC will provide all public sector HEIs and eligible private-sector universities, special funds to support up to 75% of the expenses incurred to organize the above-mentioned events at their university.
  • Each public sector HEI will get funds based on a formula with two criteria: HEC recurring grant (50% weight) and number of PhD faculty (50% weight).
  • During the subsequent years, the sanctioned amount will be reimbursed to the university/institution upon filing the audited expenditure statement of the utilized funds from previous year, duly signed by the applicant, university auditor, Director Finance/Accounts and head of institution (Rector/Vice Chancellor).
  • Universities will be able to fund the following expenses as per policy:
    • Remuneration for Foreign Invited Speakers/Resource Persons
    • Remuneration    for    National    Invited    Speakers/Resource Persons
    • Accommodation for Foreign Invited Speakers/Resource Persons
    • Accommodation for National Invited Speakers/Resource Persons
    • Travel for Foreign Invited Speakers/Resource Persons
    • Travel for National Invited Speakers/Resource Persons
    • Catering (Food and Beverages)
    • Publication of proceedings
    • Stationery
    • Chemicals/Consumables (in case of Workshop)
    • Contingencies