Financial Office
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Financial Office

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Staff

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FAQs

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Scholarship

Chief Financial Officer

Khaled Sweed


 Department Overview

This department has been established at the International University for Science & Technology to manage all financial affairs of the university. It plays a central role in ensuring financial stability and operational efficiency.


 Financial Responsibilities

The department is responsible for receiving tuition fees, collecting funds, and paying all financial commitments of the university. In addition, it oversees all financial transactions to ensure accuracy and transparency.


 Accounting and Regulations

Moreover, the department is in charge of maintaining and organizing all university accounting books. This is done in full compliance with the rules, regulations, and accounting principles stipulated by the presidential decree governing the establishment of private universities.

Secretary of Chief Financial Officer

Samah Kamel


 General Accounting Section

This section is responsible for preparing all accounting constraint bonds and transferring them to the ledger and sub-ledger. In addition, it manages daily financial movements, salaries processing, follow-up on payments to suppliers, monitoring warehouse movements, and preparing all financial reports requested by the administration.

Head of General Accounting Section: Hiba Hajji
Accounting Home: Kristeen Makhoul
Accountant: Riham Sudan
Accountant: Rimaz Al-Attar
Archive: Rana Mohanaya
Archive: Mouna Jouma


 Accounting Salaries Section

This section is responsible for preparing salaries and bonuses for all university employees, ensuring accuracy and compliance with university policies.

Head of Accounting Salaries Section: Rana Zabad
Accounting Salaries: Alaa Shayah
Accounting Salaries: Rama Al-Omar


 Treasury Section

The treasury section is responsible for financial movements, including receiving and paying funds, collecting tuition fees from students, settling financial obligations, and managing all cash payments.

Head of Treasury: Mohammad Maher Alrefaae


 Warehouses’ Section

This section is responsible for the input and output of materials such as books, consumables, and laboratory supplies. Materials are distributed according to administrative laws and instructions. In addition, the financial department relies on computer programs in carrying out its operations.

Storekeeper: Wafaa Hmoudi
Storekeeper: Lina Diar Bakarly

 

Student Fees and Reduction Policies


 Payment Methods

Students can pay their fees by cash, checks, or bank transfers.
The university ensures efficiency: students need no more than five minutes to complete all financial processes and procedures.


 Reduction of Fees for Children of Syndicate Members

 Required Documents

A document substantiating the membership of the parent in a recognized syndicate is necessary. Presenting the syndicate card only is not sufficient.

 Eligible Syndicates

  • Doctors

  • Dentists

  • Pharmacists

  • Lawyers

  • Teachers

  • Association of War Veterans

Note: Chambers of Commerce and Industry, the Handicraft Trade Union, and the Laborers Trade Union are not included in this reduction.

 Percentage and Coverage

  • 10% reduction of the credit hour fees

  • Covers first and second semesters only

 Additional Requirements

  • The syndicate document must include the date of issuance.

  • Only one submission is required; the student does not need to submit a new document each semester.

  • If the reduction applies to the mother’s membership, both the mother’s document and the family book must be submitted.


 Fees Reduction for Siblings

H3: Required Documents

  • An ID of a sibling or a copy of the family book, including:

    • Father’s page

    • Mother’s page

    • Pages of the siblings registered at the university

 Percentage of Reduction

  • 15% of credit hour fees

  • Covers first and second semesters for each sibling

 Conditions

  • Siblings must have been enrolled for at least one semester for the reduction to continue.

  • If one sibling interrupts their studies, the benefit ceases for the others.

  • The sibling reduction cannot be combined with syndicate reduction, except in cases where three siblings are registered; then the higher reduction applies.

 Document Submission

  • A copy of the family book is submitted once only and remains valid until graduation.

 

University Scholarships and Financial Aid


 General Secondary School Certificate Scholarships

  • Full Scholarship: Awarded to students ranking within the first five in the Syrian GSSC or any other accredited equivalent study.

  • 50% Scholarship: Five scholarships for students with an average above 90% in the Syrian GSSC, already registered at the University. The scholarship continues if the student maintains an accumulative average of no less than 3 points (B).


 Ministry of Higher Education Scholarships

 Overview

A full scholarship is allocated by the Ministry of Higher Education according to the presidential decree establishing the University. This applies if the applicant’s average is below the minimum required for admission in the desired specialization.


 Merit Scholarships

 Eligibility Criteria

  • Students must have completed 30 credit hours at the university.

  • Must be registered for at least 15 credit hours per semester, excluding the semester of graduation.

 Scholarship Percentages

  • 100% of credit hours fees: GPA of 4.0 (A+) and first rank in specialization, accumulative GPA no less than 5 points (A-).

  • 25% of credit hours fees: accumulative GPA no less than 75 points (A).

  • 20% of credit hours fees: accumulative GPA no less than 5 points (A-).

  • 15% of credit hours fees: accumulative GPA no less than 25 points (B+).

  • 10% of credit hours fees: accumulative GPA no less than 3 points (B).

Scholarships are renewable as long as students meet the conditions and are applicable to both first and second semesters.


 Scholarships for Children of University Staff

  • 50% Scholarship granted to children of university employees.

  • If the student achieves an excellent average, the remaining fees for that semester are credited.


 Scholarships for Athletic and Cultural Merits

  • Athletic Scholarships: Five scholarships per semester, each 20% of the fees, for top athletic students.

  • Cultural Scholarships: Five scholarships per semester for students showing cultural merits, as per IUST Council regulations.


 Important Notes

  • No combination of scholarships is allowed, except for academic merit during university study.

  • These scholarships do not apply to the summer semester, except for the Ministry of Higher Education scholarships.