I am Adeel Baghpati, a rising senior year student at IBA who has had trouble paying the tuition fees

since
the past three years. I live in a joint family in a house divided into three sections. I live with my parents,
two sisters and a brother on the first floor, my grandfather and grandmother have the ground floor, my
uncle, aunt, and their 3 kids have the 2nd floor. It is a 240 sq. yard house that is owned by my
grandmother who has made it very clear that the house his hers and we must look for a new shelter as
soon as possible.

My father operates a clothing factory located at SITE area. The factory belongs to my grandfather who
also keeps making his ownership clear from time to time asking us to look for other sources of income.
The factory has two embroidery machineries installed, cost of which was covered by my father alone via
multiple heavy installments. We were drowning in a huge debt until 2019 when my dad finally paid the
last installment. Even after paying back every penny, we faced trouble in terms of the operation of those
machines. They did not produce as much revenue as we had anticipated which is why our monthly
income drastically declined.

My college, Nixor, had already ended by then, for which we were paying 27720/month Rs after a 25%
scholarship I had due to my excellent academic scores. I had taken on multiple TA ship jobs to cover my
finances. I would also save the money for commute by tagging along with a friend living in my area. I
also taught multiple tuitions because the academic burden was too much. The financial burden was
retained when I got into IBA and my father, then, had to pay my fees every 6 months. I started teaching
tuitions, left my van after the first few months and started asking my friends to help me with commute
to university every day. I still go to multiple places for tuitions, just so I can earn some money. It gets
very tiring for me as well since I have to travel to DHA and NHS nearly every day to teach, after
university. This has affected my academics, that my parents think, shouldn't be compromised, but
unfortunately, we have no choice left.

I did and still do everything to save every penny I can, so my dad does not feel burdened, but I was and
am a full-time student. There is only so much I can do, considering the ever-increasing burden of studies,
to unload the financial burden off my father’s shoulders.

The financial burden rocketed when my sister, Ariesha Sohail Baghpati, got into IBA the following year.
As my family has always prioritized education, they could not keep Ariesha from attending such a
prestigious school and so, we decided to take the risk. We applied for installments afterwards and we
were permitted to pay the fees in installments. The installments were to be paid 50% before the due
date, 25% the following month and 25% the next month. However, my father had defaulted on those
too before he decided to take loans

My father earns approximately 80,000 Rs net income on a monthly basis but our expenses tend to
exceed the income coming in. I have another sister studying at Alpha college, but we were only able to
send her there after she got a 60% academic based scholarship. Now her A’ levels are finishing, and she
is also appearing for a test at IBA so her future education expenses would also be an issue. My brother
studies at Alpha High where he's been given a 15% scholarship as well. All these combined and our
house expenses that include my father paying the entire house's gas bills, water bills, our portion's
electricity bill and telephone bills, my other two siblings education fees that make up around PKR 42,200
per month, and he also had to pay nearly PKR166,000 for their CAIE examination fee. All of this makes it
very hard for him to support me and my sister financially. I am a transfer student from Computer
Science to BBA, so I need to take up summer courses to graduate on time; therefore, the summer
semester alone costs me around PKR 100,000 for two courses including the commute and everyday
study essentials. The total annual cost exceeds far more than PKR 1,220,000 for me and my sister.

Well, this is not it, my father has also taken loans from various family members that number up to a PKR
2,600,000 till now, to cover our educational expenses that exceed 140,000 per month. He's being
pressurized constantly to pay them back and that is draining him down mentally. He needs to get some
sort of relief so he can pay back his loans and attain the right peace of mind.

Moreover, we don't have any sort of savings, whether it be in terms of bonds, investments, land or even
at bank. This makes our futures uncertain and adds to the pressure my parents are already going
through. We have had major trouble paying mine and my sister’s fee over the past couple of years and
one of us might have to drop out because of it. My dad is a firm believer in getting his children educated
which is why he tries harder by the second to keep us going without worrying about our finances. He
never even let me apply for FA last year because he was so adamant on paying the fees all by himself
even if that meant that he would have to take loans from my mother’s father. But we have reached the
limit and we can’t do it anymore. We are literally only loaning money without giving back because we
hardly retain any after getting done with our monthly household expenses. I do not plan on dropping
out at all because I need the degree to earn enough to pay back the loans and money, I owe to multiple
people in my family including my dad’s cousin and grandfather.

However, this time my father has clearly stated that he won’t let my sister continue with her studies
anymore. He is not able to financially support her anymore and wants her to stop with her degree. I
would really not want this to happen and would like her to continue. This will only be possible if a
financial assistance is provided to both of us. Otherwise, my sister has to drop out at any cost!

IBA Financial Assistance is our last resort, and we are desperately looking for a positive response from
you. Please look into my application and feel free to contact me. I will be happy to give you more details
on the subject.