IUB receives BDT 38 million donation from Bangladeshi industrialist couple

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Independent University, Bangladesh (IUB) has received BDT 38 million, from a Bangladeshi couple. The money came for the "Monisha and Mahmudul Huq Endowment Trust Fellowship’’. Mahmudul Huq and Monisha Anwar Huq are well-known philanthropists and industrialists. The foundation has been created to support community organizations.
IUB's Vice Chancellor Tanweer Hasan, PhD, hosted a small get together and lunch in honour of the donors and their family at the university campus on Saturday (4 December 2021).
According to an MoU signed between the donors and IUB, a cohort of students will be selected every year from among newly enrolled students for a specialized undergraduate program which will be unveiled in Spring 2022. Every year two full scholarships will be used to sponsor one female and one male undergraduate student from any major and the student will be awarded as “Monisha and Mahmudul Huq Endowment Trust Fellows”.
IUB Board of Trustees Chair A Matin Chowdhury, IUB Trustee Rashed Chowdhury, CIU BoT Chair Towhid Samad and IUB Pro-VC Prof. Niaz Ahmed Khan spoke at the program. Several other trustees and the deans of the 5 IUB schools were also present among others.