UIU has established a financial award scheme to attract and retain good students and facilitate education for meritorious students. Fulltime Undergraduate students may get 25% to 100% tuition fee waiver for the entire program based on the results of HSC or equivalent exams & Graduate students entering in Masters Programs may also qualify for 15% to 25% tuition fee waiver for the entire program depending on their results in the previous exams.
At the end of each subsequent trimester, a merit list of both undergraduate and graduate students is prepared and top 24% students have the opportunity to avail 25% to 100% tuition fee waiver in the following trimester provided a minimum GPA of 3.50 is scored.