KARACHI: Sindh Secretary for College Education Nadeem Memon has directed the digitalisation of the Sindh Educational Endowment Fund (SEEF) scholarship system and ordered a review of scholarship seats at existing universities to maximise educational opportunities for deserving students within available resources.
Chairing a meeting of the Executive Committee of the Board of Trustees of the SEEF Trust on Tuesday, Memon also approved a series of key reforms, including the formulation of an investment policy, the appointment of a third-party audit firm, the development of a Smart Portal for scholarship management, the inclusion of new educational institutions, and the rationalisation of scholarship seats in existing universities.
The committee approved the formation of a panel of financial experts to prepare a draft investment policy for the Trust.
Memon directed that investment decisions should maximise returns on the Trust’s funds while remaining fully compliant with applicable laws, government policies, by-laws and regulatory requirements.
The meeting also approved, in principle, the appointment of a third-party audit firm for a two-year term beginning with the 2025-26 financial year. The secretary directed that the procurement process be conducted strictly in accordance with the Sindh Public Procurement Regulatory Authority (SPPRA) Rules through an open Notice Inviting Tender (NIT), with the contract awarded to the lowest evaluated responsive bidder after completion of
all legal and procedural requirements.
The committee directed the initiation of work on a Smart Portal to digitalise the SEEF scholarship system. Memon instructed officials to finalise the proposal and submit it to the Board of Trustees for approval so that the portal could be implemented next year. The meeting also reviewed applications from new universities and
educational institutions seeking inclusion in the SEEF Trust panel.
While discussing the rationalisation of scholarship seats at existing universities and institutions, the committee reviewed the Trust’s financial position and expenditure pattern. Memon constituted a
separate committee to submit recommendations within a week.
He emphasised the need to maintain financial discipline, avoid unnecessary losses and ensure the effective utilisation of available resources.
He directed officials to review institutions with higher financial implications so that a greater number of deserving students could benefit from scholarship opportunities.
