The Punjab Educational Endowment Fund (PEEF) is one of the largest need-based scholarship programs for students in Punjab, but its eligibility rules differ sharply by education level, and a lot of the information circulating online blurs those differences together. Here is what is actually confirmed, level by level, based on official university scholarship pages that administer PEEF on campus.

PEEF Covers Multiple Education Levels, With Different Rules Each

PEEF is not a single scholarship with one set of rules - it runs separate tracks for Intermediate, undergraduate (BS/Graduation), and MS/M.Phil-level students, each with its own income limit and eligibility criteria. Students should check the rules for their own level rather than applying the first eligibility figure they come across.

Undergraduate (BS / Graduation) Level

• Academic requirement: An Intermediate exam score of at least 60%.
• Eligibility restriction: Only students who completed Intermediate at a Federal Government institution within Punjab qualify under this specific track (as administered at The Women University Multan - other partner universities may apply this differently, so check your own institution).
• Domicile: Punjab domicile required.
• Income limit: Declared monthly parental income from all sources must be Rs. 30,000 or less.
• Other conditions: Admission must be on merit; distance-learning, evening-program, and self-finance students are not eligible; students already holding another scholarship or grant are not eligible; anyone who has already passed a master's degree is not eligible.
• Special quota (income limit waived or adjusted): Orphans, children of government servants in BPS 1-4 (where salary is their only income), students belonging to a minority religion, and students with disabilities.

MS / M.Phil Level

• Academic requirement: At least 60% marks, or a minimum CGPA of 2.5, in a graduation-level degree (16 years of education, i.e., a 4-year degree after Intermediate/FA/FSc) completed in the 2023-24, 2024-25, or 2025-26 academic sessions.
• Enrollment requirement: Must be a full-time M.Phil (or eligible Master's-level) student in the 2025-26 academic year at a PEEF partner university or degree-awarding institution.
• Domicile: Punjab domicile required.
• Income limit: Rs. 60,000 per month or less - double the undergraduate-level limit.
• Income exemptions: Children of government employees in BPS 1-4 (if salary is the sole income source), and children of civilians martyred in terrorist attacks, are exempt from the income cap.
• No overlap: Cannot be receiving any other educational scholarship in the same academic year.
• Institutional criteria: Students must also separately meet their own university's merit and need-based criteria, in addition to PEEF's rules.

Why the Income Limit Differs So Much by Level

This is the detail most likely to confuse applicants: the undergraduate-level cap (Rs. 30,000/month) is half the MS/M.Phil-level cap (Rs. 60,000/month) at the institutions reviewed for this article. Other PEEF tracks and partner institutions may set different figures again - some third-party listings describe different caps for Intermediate-level awards. Because these figures are set and can change by academic cycle and by institution, students should always confirm the specific number for their level directly with their own university's Financial Aid Office or PEEF's official scholarship page, rather than relying on a figure meant for a different level or a different year.

How to Actually Apply

A detail that trips up a lot of applicants: PEEF does not generally accept applications sent directly to its own office. Instead:

1. Download the relevant application form (and, where required, an income affidavit) from the PEEF website or your university's financial aid page.
2. Submit the completed form and supporting documents to your own university's Student Financial Aid Office - not to PEEF directly.
3. At the BS level specifically, one university's process runs the application through PEEF's own online application system, with funds later disbursed via a PEEF-issued Pin Code and E-Card.
4. Meet your specific university's internal deadline - these are set individually by each partner institution and vary from year to year, so there is no single province-wide deadline students can assume applies to them.

What to Do Next

If you believe you qualify under either track:

• Identify which level applies to you (undergraduate vs MS/M.Phil) and use only that track's eligibility figures.
• Contact your own university's Student Financial Aid Office directly for the current academic year's exact deadline and required documents, since these are set per institution and change each cycle.
• Gather your Punjab domicile certificate, latest marksheet/transcript, and an income affidavit in advance, since these are consistently required documents across the tracks reviewed here.

PEEF remains one of the more substantial financial-aid options for Punjab students who meet its criteria, but because eligibility details are set and administered individually by each partner university, confirming the current figures with your own institution is the only reliable way to apply correctly.